A loan of $1,025 helped to buy merchandise to stock her store.

Irma's story

Irma is part of the “El Almendral” (Almond Tree Grove) communal bank belonging to Peñalolén Commune in the city of Santiago. She has been a merchant for 40 years selling food and vegetables in a store she has located inside her house. She works every day from 8am until 10pm. She usually buys her merchandise at the Lo Valledor street market (supply center). She comments that she has a large clientele. She will use the loan to buy merchandise to stock her store. One of her goals is to stock it with innovative merchandise to provide customers with better and new purchase options.

Irma lives with her husband and 37-year-old son who works independently. One of her dreams on a personal level is to provide her family with a better quality of life. She is very happy and grateful for the opportunity Fondo Esperanza has provided in that it’s made it possible for her to invest in her business to earn higher profits.

She enjoys the company of the other entrepreneurs because they share activities and other experiences, a situation that distracts her form her routine tasks. With respect to the training imparted at communal bank meetings, she’s learned how to better run her business despite her vast experience in this line of work.

Peñalolén is located in the east of the metropolitan region. It has several attractions like vineyards, historical buildings and places to go on nature hikes, elements that are transforming this commune into a new tourist destination within the metropolitan region.

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Translated from Spanish by Kiva volunteer Polliz

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