Funded

Total loan: $950
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Lidia Alexandra

Ecuador
Montecristi, Ecuador / Manufacturing

A loan of $950 helped buy ivory palm and other materials needed to fabricate buttons.


Lidia Alexandra's story

In the city of Los Bajos de Montecristi, a city known for its great diversity of local products such as straw hats known in and outside of the country, members of the Novenber 4th Communal Bank members meet every 15 days. Here lives Mrs. Lidia who is 34 years old, married, and has 3 children of 10, 8, and 2 years of age. The two oldest go to school. Her husband is a businessman. Mrs. Lidia is a very hardworking woman and likes to make do for herself when it comes to having an income to help her husband with household expenses. She has a small button factory and it was with prior loans that she was able to buy materials needed to start her business. At the moment, she has two machines to make buttons. Every week she delivers her product to sellers who sell her product to exporters in Manta city to finish fabricating the buttons. She works from Monday to Saturday with a sister's help and pays her a monthly salary. She has been working in this business for 4 years and it is going very well. She will use this loan to buy ivory palm and other materials needed to fabricate buttons. She has been a part of the Communal Bank for 7 years and thanks to the loans has been able to buy materials she needs for her shop. Her dream is to have a bigger business and machinery to have a finished production.

Translator profile picture

Translated from Spanish by Kiva volunteer Susan Garza


Loan details

Loan length:

6 months
Disbursed date: November 6, 2012
Facilitated by Field Partner: Fundación ESPOIR

Lenders and lending teams



Loan details

Loan length:

6 months
Disbursed date: November 6, 2012
Facilitated by Field Partner: Fundación ESPOIR