A loan of $3,575 helped a member to purchase clothing like blouses, shirts, t-shirts, and jackets.

Pura Calidad Group's story

The name of this communal bank is Pura Calidad. It comprises sixteen entrepreneurs who work in different trades, such as: working at a kiosk, as traveling merchants, selling ice cream, selling sweets, selling peanuts, and offering other services. They all belong to the municipality of Independencia, located in greater Santiago.

Marlene is a member of this communal bank. She is standing in the second row of the picture, the third person from the left. She is wearing green overalls and a black top. She has dark brown hair and is wearing it tied back.

She has worked selling used clothing for ten years. She says she works outside a supermarket Monday through Sunday, sometimes for twelve straight hours. Her husband and a friend help her with sales. She offers all types of high quality clothing for men and women. She purchases whatever merchandise she needs to stock her business from affiliated stores that sell used clothing in good condition at low cost, which is the best option for her financially. She will use the loan to purchase clothing like blouses, shirts, t-shirts, and jackets.

One of Marlene's goals is to expand her business and open her own boutique, so that she may generate more income and achieve a better quality of life.

Marlene lives with her husband, her in-laws, and three daughters who are in school. They are fifteen, fourteen, and eleven years old. On a family level, her dream is to own her own home and give her daughters a good education.

She is grateful and happy with the opportunity Fondo Esperanza has offered her, since it has opened a door for her business and allows her to invest in her work and also in her personal development, because she has learned how to better organize and distribute her income and investments.

Independencia is one of 34 municipalities that make up the city of Santiago, the capital of Chile, and is located in the central-north area. It was developed in the late nineteenth century as a traditional sector of the city. Its main thoroughfare is Av. Independencia, which used to be the old Camino del Inca, leading to the North entrance to the city of Santiago. Due to its large indigenous population, the Indigenous Cultural Center of Chile is located in Independencia. There are also important historical buildings, including six of Chile's historic monuments.

In this group: Marlene, Gabriel, Katherine, Marta, Patricia, Monica, Martin, Raquel, Leonardo, Mauricio, Amelia, Mauricio, Osvaldo, Luis, Luis, Miguel

Translated from Spanish by Kiva volunteer Mariana Sanchis

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