A loan of $1,000 helped to buy merchandise to sell.


Silvia's story

Silvia belongs to El Milagro ('the miracle') communal bank, in the city of Curicó. She has been selling jewellery and clothes for the last two years. She says that she works at her home, but that she sometimes goes out to pander her wares from door to door. She works Mondays to Sundays and her working hours vary according to her availability. She buys her merchandise in the city of Santiago, from various distributors and importers that sell at a low price, which is advantageous for her. WIth this loan, Silvia will buy jewellery, trousers, tights, and underwear to sell. One of Silvia's goals is to remain in business, to grow each day and have enough stock to keep her customers happy and satisfied with their purchase. She lives with her husband, her 27-year-old son and two grandsons, who are 20 and 11 years old and whom she provides for. Silvia's professional dreams are to keep her business and her customers. Her personal dreams are to stay healthy so as to keep making money and improve her family's quality of life. She is very happy and grateful for the opportunity afforded to her by field partner Fondo Esperanza, since the loan will allow her to invest in her business. She says that the communal bank she belongs to has great communication between the members. Furthermore, the training dispensed there was very useful to her, as she was able to learn new sale strategies as well as accounting techniques. Curicó is located in the Maule region, at the heart of the country. The city boasts a Mediterranean climate, considered one of the balmiest in the country. Its main cultural attraction is wine; its main natural one, the wonderful surroundings. Despite the recent increase in the workforce, the region still is, according to the last census, one of the poorest in the country.

Translated from Spanish by Kiva volunteer



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