A loan of $575 helped to buy a filly (a mare less than four years old), and fresh fruit and vegetables to stock her business.


Margarita's story

Margarita belongs to the Emprendedores del Futuro communal bank, which is in the city of San Fernando. She has been selling fruit and vegetables in an itinerant manner for 12 years. She works as a salesperson from Mondays through Sundays from 9:00 a.m. until 7:00 p.m. She buys her merchandise in Valledor (a city in Santiago). She buys there because it is a distribution center for fruits and vegetables where prices are below cost, and, therefore, financially good. She will use the loan to buy a filly (a mare less than four years old), and fresh fruit and vegetables to stock her business. One of Margarita’s goals is to add more products to sell like meat, milk, jelly, and cooking oil. She wants to have a great stock of food in order to win over more customers. Margarita lives with her three children, ages 21, 13, and 1. Her dream is to get another truck in order to generate more sales and income. This way she would have a better quality of life. She is very grateful and happy about the opportunity given to her by Fondo Esperanza. It has allowed her to invest in her business. Also, she says that she feels very comfortable with the meetings and her communal bank because they are generous and united. San Fernando is a city which is located in Libertador General Bernardo O'Higgins region, in the central area of Chile. The city's economic activity is based mainly on agriculture (vineyards; beet, fruit, tobacco and wheat growing; and traditional agriculture), agroindustry (fruit exporting companies, canning companies, dairy companies, etc.) and trade.

Translated from Spanish by Kiva volunteer Ginny Kalish



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