A loan of $1,100 helped for merchandise.

José's story

José is a member of the “La Hermandad” (The Brotherhood) communal bank in Maipú. He has had a stand selling house wares and cleaning supplies in a market in his commune for the last 11 years. Besides, he also has a floor paint factory, an occupation his brother-in-law taught him. He shares half the stand with his wife, who also collaborates with Fondo Esperanza; she makes clothes for Barbie dolls as well as items for the home like sheets, drapes and tablecloths. Both work in the market every day but in different parts of the commune since the market rotates among them.

José will use this loan to buy materials to make floor paint and general merchandise. His dream is to lease a fixed locale and have a vehicle which will ease merchandise transport because he currently only has a three wheel vehicle.

José is very grateful to Fondo Esperanza because thanks to the loans he has been able to acquire more merchandise and increase sales.

Maipú is a commune in the east of Santiago, capital of Chile. It is the largest commune in Chile and known as the Birthplace of the Nation due to the important historical events that happened there during the Independence Era.

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Translated from Spanish by Kiva volunteer Polliz

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