A loan of $1,675 helped to buy materials and supplies for making cement blocks.

Maria Ubaldina's story

María is 57 years old. She studied and passed primary school, and has worked since she was very young, learning different jobs ranging from household chores to making cement blocks. She is single, and when she was 23 years old, she had a son, who now has his own family, with whom María lives in Latacunga, which is the capital of the province of Cotopaxi.

Cotopaxi is one of the provinces that make up the mountainous region of Ecuador. In recent years it has experienced a significant amount of development, such that it is now considered one of the most important of the region, thanks to its flower-growing, mining, metallurgy, agribusiness, agriculture and livestock industries. Latacunga, moreover, has many businesses that generate significant revenues and which make it a city of commerce with various opportunities to get ahead. Although there is a high poverty index, the entrepreneurial spirit of its inhabitants has made the city excel. There are families in both the rural and urban sectors that stand out for their talent for pursuing an idea that can generate profit for them and permit them to meet their daily needs.

María learned to make cement blocks for building houses from her sister, with whom she worked for a long time. Two years ago she decided to start her own business, putting into practice the experience she gained while working with her sister. María invests at least eight hours every day preparing the raw material, making the bricks and then piling them up. All of these tasks have a high level of difficulty and are even risky. Nevertheless, María has continued with her work with the hope that one day she will achieve her dream, which is to have her own home so that she can live out her later years in peace and comfort.

María is requesting a loan to buy materials and supplies for making cement blocks. She says that sometimes she does not have some of the necessary materials or supplies for making cement blocks and that this stops her production. She also says that in general the orders are always in bulk, so that she cannot permit herself to run out of product. Unfortunately, on occasions she has lost sales because she has not had some primary materials in stock because of a lack of capital. Someone recommended that she request a loan from the field partner, where, she says thanks to Kiva, they can give her the economic help that she needs to continue production, grow her business and increase her profits. With these profits, she hopes to improve the quality of life of her son, daughter-in-law and grandchildren with whom she lives.

Translated from Spanish by Kiva volunteer Graham Robinson

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