A loan of $875 helped to buy candy, and also invest in small Chilean flags for decorating cars during the patriotic holidays.


Ximena's story

Ximena is a member of the Communal Bank "La Santiago", and is the Bank's treasurer. The bank is in the community of "Estación Central", in the city of Santiago. She has been working in business for the last 15 years, specifically selling candy, which she does from a cart outside a school. She works Monday through Friday, for several hours in the morning and afternoon. On weekends, she sells her products at the open market. She comments that her high demand season is during March and April; in the other months sales stay steady, and during the month of October they tend to decrease. She purchases her merchandise in the "meadow" (a place with many agricultural products and distributors who supply the traders). With her loan, she will buy candy and also invest in small Chilean flags for decorating cars during patriotic holidays. Her husband makes and sells Chilean flags for the patriotic holiday season. Her goals for her business are to have a larger cart which would allow her to stock more merchandise for her business. Ximena lives with her husband and her three sons aged 20, 15, 12, and 3. Her dream on a personal level is to buy her own home. She is already putting together the documentation, as she wants to buy the house in which she and her family are currently living. Another of her dreams is to pay for higher education for her children, so that they may become professionals. Ximena is very happy and grateful for the loans from Fondo Esperanze, as they have allowed her to invest in her business. In regards to the trainings held at the Communal Bank meetings, she has been able to put these into place in her business. Additionally, she also participates in several workshops for micro-entrepreneurship. Estación Central is a community located in a central area of Santiage (the capital of Chile). The community takes its name from the Central Railway Station, which dates back to 1887 and was declared a National Monument in 1983. In its early days, this station, together with the Mapocho station, was the entrance to the capital for the Valparaíso - Santiago route, and also routes from the southern part of the country.

Translated from Spanish by Kiva volunteer Arabella Pollack



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