Total loan: $1,050
Talca, Maule Region, Chile / Clothing
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A loan helped to buy exclusive clothing wholesale.
María Elena's story
María Elena is a member of the communal bank “Caminando Hacia el Futuro” of Talca. She has sold new clothing for 9 years and also works as a clerk in a factory. She generally sells clothing according to the season and she sells underwear throughout the year. She buys the merchandise in Arica, a city in the north of Chile. Her daughter lives there and she takes advantage of that to travel to Arica three times a year to supply her business with clothing and bazaar products such as women’s and children’s key chains. She says that the prices there for merchants are very good. Her work schedule is totally flexible since she fits it around her hours as a clerk. She also has many customers who give her orders and María Elena fills them when she travels to buy the merchandise. She will use the money to buy exclusive clothing wholesale and will visit her daughter for New Years when she buys the merchandise. One of her goals is to be independent and set up a permanent stand and possibly to have a bazaar or a boutique. She lives together with her husband and her dreams are to prosper in the business. María Elena is very happy and appreciative for the help offered her by Fondo Esperanza since it has allowed her to invest in her business and expand it. She also feels very comfortable with the company and the assistance of the communal bank of which she is a member. She says that it is a very committed and responsible group and the trainings have helped her organize the accounting in her business. Talca is in the Maule region, located in the center of the country. It is the commercial and cultural center of the region since it is the most important of the Chilean central valley. There is a curious reference in Chile about Talca, the phrase “Talca, Paris and London”. Some say it originates with the English saying, “Talca looks like London” because of the thick fog that frequently covers the city in the winter, as in the capitol of the United Kingdom.