A loan of $975 helped to buy sunglasses, reading glasses, thin clothing, gift cigarette lighters, and other items.

Héctor's story

Héctor is a member of the Communal Bank "La Santiago", and is the Bank's president. The bank is located in the community of Estación Central, in the city of Santiago.

He works in business, specifically selling stationery and packaging items at a stall located in a bazaar (open market). He has been working in this business for the last 20 years. His schedule is to work during Thursdays, Saturdays, Sundays, and holidays. He usually buys his merchandise from importers in the center of the city of Santiago.

With the loan, he will buy sunglasses, reading glasses, thin clothing, gift cigarette lighters, and other things. His goals for his business are to stock up his business with merchandise to as to offer variety to his customers. In this way he will have more work, and and thus be able to earn better income.

Héctor lives with his wife and 17-year-old daughter. The plans are for her to study for a degree in literature, so one of Hector's dreams is to achieve this project so that his daughter can become a professional. In addition to earning more from his business, he intends to finish paying off his auto loan, which he took out a short while back. One of his dreams is to provide his family with a better quality of life, and a more comfortable life.

His motivation for continuing with his business is specifically due to the fact that he wants to achieve all his projects, and additionally he very much enjoys what he does.

Héctor is very happy and grateful for the loan and for the service provided by Fondo Esperanza. He also comments that through the meetings he has got to know many special people, and the trainings that take place at the meetings have allowed him to manage his business' money.

Estación Central is a community located in the center of Santiago (capital of Chile). It owes its names to 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 for routes from the southern part of the country.

Translated from Spanish by Kiva volunteer Arabella Pollack

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