Nelly folds and organizes the clothes she sells in her store
Quito, Ecuador
Latin America and the Caribbean

About Alianza del Valle

Alianza del Valle is a leading financial cooperative providing services to micro-enterprises and individuals. It is the sixth major financial cooperative in Ecuador, with innovative online services that respond to the needs of its rural clients. FinDev Canada works with financial intermediaries like Alianza del Valle - a cooperative based in Ecuador - to provide much-needed liquidity to micro, small and medium-sized enterprises.

FinDev Canada’s financial commitment: $7.5M

Learn more about Alianza del Valle

About Nelly’s Retail Store

With a loan from Alianza del Valle, Nelly Suntasi, a 43-year-old mother of two, opened her second clothing store in the El Tejar Shopping Center in Quito, the capital city of Ecuador, in 2022.

I feel very satisfied knowing that Alianza del Valle could support me with a loan that helped me expand and buy merchandise for my shops, also for my home and the education of my children.”

Alianza del Valle’s Impact

jobs created
jobs created for women
MSMEs supported

Our investment in Alianza del Valle supports the following SDGs:

SDG 5. Gender Equality

Achieve gender equality and empower all women and girls

SDG 8. Decent Work and Economic Growth

Promote inclusive and sustainable economic growth, employment and decent work for all

Nelly with her son Jayden
Nelly with her son Jayden

Quito, Ecuador

With a population of nearly 17 million1, Ecuador has an economy that heavily relies on micro-, small and medium-sized enterprises (MSMEs), which account for 60% of the country’s employment2. Quito’s economy thrives on a diverse mix of sectors, including trade, tourism, and manufacturing.

Map of Ecuador
Nelly outside the Centro Comercial El Tejar, where her store is located
Nelly outside the Centro Comercial El Tejar, where her store is located
Nelly displays her products outside her store
Nelly displays her products outside her store
Meet the Photographer

Ana María Buitrón

Ana María Buitrón is an audiovisual storyteller and documentary photographer based in Ecuador. Her work and personal projects explore the search for identity, gender issues, and the environment. She has received grants from her work from the National Geographic Society in 2020 and the Sustainable Development Goals funds for journalism in Latin America in 2019. Her clients include El País, Bloomberg, and Zeit Germany, as well as organizations including the United Nations, Conservation International, and CARE. Her work has exhibited in the United States, Ecuador, Bolivia, Chile, and China. She is a member of the photography organizations Everyday Ecuador and Women Photograph.

The exciting thing about photography is that it allows us to immerse ourselves in life stories that move and challenge us as human beings. Nelly Suntasi is an inspiring woman; through her daily life, she shows us how love for life, family, and independence drives her dedicated work. These moments, captured in photographs, portray the reality of a country (Ecuador) and the women who inhabit it.”