A loan of $1,100 helped to buy a printer for decorating cakes; molds, for wedding cakes; a chocolate fountain; an electric oven; cookie cutters, and ingredients.

Pablina's story

Pablina is part of the community bank called "With Effort We Can" which is in the city of Concepción." She has an established fast food and arcade game business and has been running this for 4 years. Her work hours are from 11 in the morning until 1am. In the fast food business, she sells hot dogs, french fries, and baked goods. She also has a catering business and she has to recruit young people to be waiters when she caters big events. The business is doing very well and she has many clients.
She buys her supplies from a distributor in the city of Concepción.
She will use the loan to buy a printer to decorate cakes with pictures and people's photos. She will also buy molds or towers for wedding cakes, a chocolate fountain, and electric oven, cookie cutters, and ingredients for her products.
Her dream is to have a full catering business.
Pablina lives with her two daughters, who are 21 and 4 years old. Her oldest daughter studies kinesiology at the university, and the younger girl is in pre-school. She is motivated by the desire to offer her daughters a better standard of living.
Pablina is very grateful for the loan granted to her by Fondo Esperanza as she has been able to invest in her business. She is very comfortable and happy with her community bank group because the meetings are very enjoyable.
Concepción sits at the mouth of the river Bíobío, one of the biggest rivers in the country, at the south of Chile in the Bíobío region. The city has played an important role in our history, being the location of important battles and settlement, especially during the War of Arauco as it is on the frontier of the Mapuche territory. The city currently plays an important role in economic and demographic development and is coming to be considered one of the most important demographic, administrative, financial, and commercial of Chile, after Santiago and Valparaíso.

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Translated from Spanish by Kiva volunteer Alison Hynd

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