A loan of $950 helped to buy ingredients for her bakery.

Juana María's story

Juana Maria is a member of the Communal Bank “Trabajando Juntos” ('Working Together"), which is located in the community of Estación Central, in the city of Santiago.

She has been working making bakery items, especially kneaded bread and empanadas, for the last year. She sells her products to a grocery store, and to specific customers very nearby. She comments that her business is going very well for her, and she has a large number of customers.

Juana Maria works from her home, where she has an industrial oven and her home infrastructure, as she has recently expanded her kitchen. Her schedule is working afternoons every day of the week. She buys her merchandise at a distributor, where she buys sacks of flour and butter.

With this loan, she will invest in her business and buy ingredients for her bakery.

Her goals are to have an established place for her business. She will be starting the work on this in August, as she wants to locate in on the patio of her home.

Juana Maria lives with her husband, her mother, and uncle, and her two children aged 16 and 14. Her dreams on a personal level are to provide her family with a better quality of life. Right now, she feels very proud of her achievements, as this business has allowed her to be an economic contributor to her household.

Juana Maria is grateful for the loan and the services offered by Fondo Esperanza, as every time she learns things for her business. She enjoys the meetings with the Communal Bank group, as the other members are committed to their businesses, and to the same group. In respect to the training that takes place at the meetings, she comments that it has been useful for her in organizing her business.

Estación Central is a community located in the downtown are of Santiago (the capital of Chile), which takes its name from the Estación Central de Ferrocarriles (Central Railway Station), which dates back to 1887 and was declared a National Monument in 1983. At its beginning, this station, together with the Mapocho station, were the entryway to the capital for the Valparaíso - Santiago route, and also routes from the south of the country.

Translated from Spanish by Kiva volunteer Arabella Pollack

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