A loan of $1,200 helped to buy flour, pumpkin, eggs, and oil to stock her business.


Margarita's story

Margarita is part of the communal bank "Forjadoras de sueños", belonging to the city of Rancagua. She sells pastries, specifically sopaipillas [fried pastries] and pies, for six years. She says she works from home and sometimes goes out to sell her products to the city center with her cart. One of her children accompanies her. Her schedule is Monday to Saturday from 4:00 pm to 9:00 pm. She buys merchandise in supermarkets where she finds products to elaborate her pastries at low cost, therefore economically convenient. With the loan she will buy flour, pumpkin, eggs, and oil to stock her business. One of Margarita's goals is to continue with her work so she can repair her home and have a better quality of life with her children. Margarita lives with her three children, two twins who are 14 years old and one who is 16 years old, all of them are studying. Her dreams in a work level are to buy a "sobador" [a machine used to stretch the dough] and a stirring machine [to stir the dough]. In a personal level, she wants to provide a better quality of life to her family. She is very happy and grateful for the opportunity provided by Fondo Esperanza, because it allowed her to invest in her business. Also, she feels comfortable with the company of other entrepreneurs in the communal bank's group, because they share different activities and interests, which she also uses as a moment of entertainment. Regarding the training given in the meetings, she learned to manage better her business. Rancagua belongs to the Libertador Bernardo O'Higgins area. It is a modern city that regulates the main process of production and exportation of fruits, vegetables and wine in Chile. It's also a mining city, because in its mountain range there is the largest underground mine in the world called "El Teniente", with 4,500 km of tunnels.

Translator profile picture

Translated from Spanish by Kiva volunteer Elisabet Falgueras



Loan details


Lenders and lending teams



Loan details