A loan of $1,100 helped to buy stock merchandise for her store.

Elsy Yolanda's story

The “Mujeres Emprendedoras de Olmedo” (Enterprising Women from Olmedo) communal bank meets in Olmedo Canton every fifteen days. This place is noted for its beautiful scenery and for its hardworking people dedicated to agriculture and animal husbandry.

Elsy, 42, lives here. She’s married and has two children who are 20 and 19 years of age attending university and still living at home. Her husband’s a merchant.

Elsy and her husband have a grocery store in the local market where they sell all types of basic staples like rice, sugar, oil and detergent, among others, as well as certain beverages like soft-drinks and water. They work every day from dawn which is when many customers from the countryside come by their shop to stock up on products. They’ve had their store for more than 18 years and thanks to the loans have been improving as time has gone by.

She will use this loan to better stock her store; she will buy rice, sugar, oil and detergent among other products. She’s been in the communal bank for six years and likes it because she improves her business more every day with the loans. Her dream is to have a site of her own because they rent the one they are in now.

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Translated from Spanish by Kiva volunteer Polliz

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