A loan of $900 helped to stock her store with merchandise.

Jessica's story

Jessica is part of the "Pocuro" communal bank in the city of Coronel. She has a store where she sells groceries, stationery items, telephone service, and fruit. Jessica has been working in this business for a year. Her work schedule is from Monday to Sunday and the store is located in her house.

She generally buys her merchandise from distributors, wholesale supermarkets and the product providers. She will use this loan to buy merchandise to stock her store.

Her goals are to open a place to sell fruits and vegetables, as well as to fully stock her current business with different products. On a personal level, her dream is that her children will enjoy a good quality of life.

Jessica lives together with her husband and their two children, ages 8 and 26 years old.

She is very grateful for the loan offered through Fondo Esperanza, since with this she will be able to invest in her business and generate better income. She also participates in the sales workshops that take place at their meetings, where she has learned things she has applied to her business. Regarding the meetings with the rest of the group members, Jessica feels very pleased because they are enjoyable and have created better communication and solidarity between the members of the communal bank.

Coronel is a community located near the city of Concepción in southern Chile, in Bíobío region. It has an economy based in services, forestry, and agriculture. It also has an important history of carbon mining, though that activity no longer happens there. However, the "Chiflón Puchoco" carbon mine remains and has now been converted into a mining museum.

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Translated from Spanish by Kiva volunteer Katie Kavanagh

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