A loan of $675 helped to buy merchandise such as cigarettes, beverages, detergent, rice, sugar, and tea.

Yeny's story

Yeny belongs to the communal bank “El Milagro” in the city of Curicó. For the past 8 years on Mondays to Sundays from 9 a.m. to 10 p.m., she has been selling general merchandise and milk products from a space in her house. She must purchase the merchandise from supermarkets and dealers where she finds low prices that make her business economically feasible. She will use the loan to buy cigarettes, beverages, detergent, rice, sugar, and tea.

One of Yeny's goals is to sell fruits and vegetables from her shop, thereby generating more income and a higher standard of living. Yeny lives with her parents, husband, and two children ages 12 and 6. Regarding her business, her dream is to keep growing and stocking more merchandise. Her dream for her family is to provide her children with a good education so that they will go to college.

Yeny is happy and grateful for the opportunity offered by Fondo Esperanza since it will let her invest in her business. She says the training has been fundamental to her business and personal development, and she has learned how to better manage her income and investments. She says that her communal bank members are responsible and united.

Curicó is located in the Maule region in the center of the country. Curicó's Mediterranean-style climate is one of the nicest in the country. The city is known for its wine making and beautiful surroundings. Despite the fact that the labor force has increased, according to the latest census, the area continues to be one of the country's poorest.

Translated from Spanish by Kiva volunteer

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