Quito , the capital of Ecuador , is located on a plateau at the foot of the majestic volcano Pichincha and surrounded by spectacular mountains and snowy volcanoes. Since its foundation in 1534 it has been a city of cultural patrimony. Otavalo, the indigenous outdoor markets of Ecuador are one of the best examples of its cultural wealth, diversity and joy of the country. These are places where you can encounter indigenous peasants and artisans meeting to trade food, animals, tools and fabrics by means of typical bargaining .