A loan of $325 helped to buy children's long sleeve t-shirts and hoodies.

Patricio's story

Patricio is a member of the "Brisas Marinas" (Sea Breezes) community bank which is located in Calbuco, in the city of Puerto Montt.

Patricio is a salesman who sells new clothes for boys and girls. The peak season for his business is from the month of April through the month of September. He buys his merchandise in the city of Santiago once a month. He sells his products through the Internet, through well-known social pages. He has approximately 20 to 30 regular customers who request and buy his products from their own home.

Patricio will use his loan to buy children's long sleeve t-shirts and hoodies. His goals are to set up his business in established premises, to become well known in his field and to be able to provide his customers with a better range of products.

Patricio lives together with his wife, his 6 year-old daughter, and his in-laws. His motivation to keep working in his business is the desire to provide his family with a more comfortable quality of life.

Patricio is very grateful for the support he has been offered by Fondo Esperanza. He comments that the community bank he belongs to is very united and supportive.

Calbuco is a town which is located in the south of Chile, in the Los Lagos region. The etymological origin of the name comes from Mapudungan (the langugage of the Mapuche). It means 'blue waters'. This is an archipelago which is made up of 12 islands. Its economy is mainly based on extracting products from the sea. There are currently many canning factories and also salmon, oyster and mussel farms.

Translated from Spanish by Kiva volunteer Linda Oxnard

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