A loan of $825 helped to buy building materials and supplies.


Margarita's story

Margarita is part of the “Unidos Emprendemos con Esperanza” (Together We Enterprise with Hope) communal bank belonging to the city of Curicó. Her line of work for the last four years has been a laundry. She works Monday through Saturday from home with a flexible schedule. She has washing machines, spinners and dryers there. Her customers drop off and pick up their clothes at Margarita’s house.

Her clientele is regular since she periodically provides services to firms and occasionally to individuals. She buys her merchandise in supermarkets and from wholesalers. She will use the loan to buy building materials and supplies to improve the infrastructure of her place of work because she needs to pave the floor. Her goal is to continue improving her locale so that the infrastructure will permit increasing her customer load.

Margarita lives with her husband and two children who are 17 and 7 years old; both attend school. One of her dreams is that her children become professionals and one of her personal projects is to finish her technical nursing studies. She comments that she works at her business during the morning and attends classes in the afternoon shift.

Margarita is very happy and grateful for the opportunity provided by Fondo Esperanza because the loan will allow her to invest in her business. With respect to the training provided during the communal bank meetings, she comments that they have been of great help to her for her business because she’s applied new bookkeeping and organizational strategies. On the other hand, the group in the communal bank she’s part of is very committed which makes her feel very comfortable.

Curicó is located in the Maule region in the center of the country. Curicó’s weather is Mediterranean so it’s considered to be one of the country’s most pleasant. It’s noted for its culture related to wine production and for the natural beauty in its surroundings. Even though employment has risen the zone continues to be, according to the latest census, one of the nation’s poorest.

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Translated from Spanish by Kiva volunteer Polliz



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