A loan of $875 helped to buy glasses, school supplies, and a machine to cut cured beef.


Maria's story

Maria belongs to the communal bank “El Milagro” in the city of Curicó. For the past seven months, she has been selling stock from a space in her house. She works Mondays to Sundays on a flexible schedule. She sells household goods and school supplies in her shop. 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 glasses, school supplies, and a machine to cut cured beef. One of Maria's goals is to sell dish sets in her store so that she can increase her income and enjoy a higher standard of living. Maria lives with her daughter, who helps her in the store. Regarding her business, her dream is to have an ice cream machine and more cases to display merchandise that satisfies her customers. Maria is happy and grateful for the opportunity offered by Fondo Esperanza since it will let her invest in her business. She also feels comfortable with the other entrepreneurs in her communal bank because their different jobs and interests provide a distraction. The training provided at meetings has helped her to better manage her business. 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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