A loan of $1,025 helped buy onions, corn, and eggs at wholesale.

Francisca's story

Francisca is part of the communal bank "Esmeralda", which is in the city of Talchuaho.
She prepares a variety of food, depending on the season. During the year, she makes empanadas, cakes, candies, and other foods.
She is currently making humitas (dough wrapped in corn leaves), pastel de choclo (baked corn pastry), and a peach and husked wheat drink. She has been working in this way for 12 years.
She says that she had a fast food business. However, the earthquake on the 27th of February, 2010, destroyed her business. For now, she prepares her foods in the comfort of her home. She delivers directly to the homes of her customers, according to the orders that they make. Francisca works at her business from Monday through Saturday with a flexible schedule. She buys her ingredients at the large market (an open air fair that the merchants set up).
She will buy onions, corn, and eggs at wholesale with the loan.
One of her goals for her business is to settle into a new business establishment. She must wait for the reconstruction of her house, though.
Francisca lives with her husband and her two children who are 28 and 18 years old. The older one studies philosophy and his younger sister will begin studying at the university this year.
Francisa's dream is that her children become professionals.
She is very happy and thankful for the opportunity that Fondo Esperanza is offering to her, since it will allow her to invest in her business.
The communal bank that she is part of is very tight-knit, responsible, and committed. In respect to the training that is given at the communal bank meetings, she says that they have taught her to use better accounting strategies.
Talcahuano is a town and city-port in the Biobío region, in southern Chile. It is know as one of the main ports in the country. It's name, in mapudungun (the mapuche language) means "thundering sky". It has a very attractive, natural passage, due to the combination of rivers, sea, fertile plains, meadows, and the mountainous bodies, with beautiful vegetation. Its economy revolves around the port, its naval base, and an important industrial district with companies of iron and steel, petroleum refinery, petrochemistry, cement, gas, etc.

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Translated from Spanish by Kiva volunteer Danielle Dupre

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