A loan of $850 helped to increase her production of "espumilla" (a meringue-like treat) and to increase her stock of merchandise.

Martha Jakeline's story

Martha is 25 years old. She is married to 35-year old Jaime, who is a machine operator. They have three children who are 11, 10 and 7 years old. They live in the south of Quito, the capital of the Republic of Ecuador. More specifically, they live in the Chimbacalle neighborhood, which is emblematic of Quito primarily for being the home of the Capital's only train station. It is going to be converted into a railway museum which, on par with neighboring museums, has become one of the most visited tourist attractions in the country. In addition this attraction, in the last few years, the southern area of Quito has developed remarkably, both urban-wise and financially. Investors have bet on planting their ideas in various key points of this sector.
Martha grew up in Chimbacalle in a low-income family. She was able to finish primary school. She got married very young, and thanks to what a friend taught her, she decided to earn some money by making “espumilla,” an Ecuadorian dessert (similar to a meringue) loved by children and adults alike. She started the business 8 years ago and spends about 3 hours a day on it. In addition to her household chores, she also sells cosmetics, which gives her an additional income. With the loan, Martha hopes to make more daily “espumilla” and to purchase products to increase her cosmetics stock so that she can earn the income she needs to provide her family with stable finances.

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Translated from Spanish by Kiva volunteer Marni Siegal

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