{"id":16464,"date":"2018-02-07T13:42:40","date_gmt":"2018-02-07T12:42:40","guid":{"rendered":"http:\/\/www.fundacionmicrofinanzasbbva.org\/en\/emprendimiento-entre-fogones\/"},"modified":"2019-12-04T13:13:29","modified_gmt":"2019-12-04T12:13:29","slug":"emprendimiento-entre-fogones","status":"publish","type":"post","link":"https:\/\/www.fundacionmicrofinanzasbbva.org\/en\/emprendimiento-entre-fogones\/","title":{"rendered":"Cooking up an enterprise"},"content":{"rendered":"<p>American author Steve Maraboli once said, \u201cThere is no greater force for change than people inspired to live a better life.\u201d And with his words, we share the story of a female entrepreneur who has worked nonstop to improve her life and succeeded.<\/p>\n<p>We step inside the <em>\u201cHermanos Ortega\u201d<\/em> restaurant\u00a0in Santiago, Panama, where its owner Te\u00f3fila waits for us. Standing among her cooking stoves, she recounts how her life and other people&#8217;s lives have changed, based on preparing homemade dishes sold at a very good price. Her enterprise is the outcome of her effort and the support of <a href=\"http:\/\/www.fundacionmicrofinanzasbbva.org\/en\/entidades\/microserfin\/\">Microserfin<\/a>, the <a href=\"http:\/\/www.fundacionmicrofinanzasbbva.org\/en\/\">BBVA Microfinance Foundation<\/a>\u2019s Panamian MFI.<\/p>\n<img loading=\"lazy\" decoding=\"async\" class=\"aligncenter wp-image-16437 size-full\" src=\"http:\/\/www.fundacionmicrofinanzasbbva.org\/wp-content\/uploads\/2018\/02\/2.jpg\" width=\"1279\" height=\"440\" srcset=\"https:\/\/www.fundacionmicrofinanzasbbva.org\/wp-content\/uploads\/2018\/02\/2.jpg 1279w, https:\/\/www.fundacionmicrofinanzasbbva.org\/wp-content\/uploads\/2018\/02\/2-180x62.jpg 180w, https:\/\/www.fundacionmicrofinanzasbbva.org\/wp-content\/uploads\/2018\/02\/2-768x264.jpg 768w, https:\/\/www.fundacionmicrofinanzasbbva.org\/wp-content\/uploads\/2018\/02\/2-1024x352.jpg 1024w\" sizes=\"auto, (max-width: 1279px) 100vw, 1279px\" \/>\n<p>Te\u00f3fila ennumerates her milestones: expanding her restaurant; an increased income which allowed her to finish constructing her house; purchasing two vehicles for food delivery and most importantly, sending her four children through school. \u201cOne of them is a teacher, another is a social worker, the other one specializes in Special Education and the youngest just graduated in Criminal Science\u201d, she proudly shares.<\/p>\n<blockquote><p><strong>My clients always say that the food I serve is very different from the rest<\/strong><\/p><\/blockquote>\n<p>This was not how her life has always been, though. Before opening the restaurant, she used to sell food on the streets. Oftentimes, she wasn\u2019t able to sell everything and this made it difficult for her to keep up with her day to day needs and expenses. This type of uncertainty also pushed her to pay her loans tardily, which negatively affected her well-being and that of her family. \u201cI knew I could move forward. I\u2019m a strong woman of character and I have always known how to treat my clients and provide good quality meals. They would always tell me that the food I serve is very different from the rest\u201d, assures the cook, while showing varied dishes for the day.<\/p>\n<p>Little by little, the restaurant has expanded and started to offer more variety of food. Te\u00f3fila\u2019s work and Microserfin\u2019s assistance have been essential in this process. Not only does she receive economic support to develop her enterprise, she also gained training on money management.<\/p>\n<p>The restaurant has also positively altered the lives of the people from her community. \u201cI\u2019ve hired people to help me cook, do the groceries, drive the delivery trucks and wait on clients. I think this helps the community because it gives people a livelihood\u201d, she explains, satisfied upon knowing that she\u2019s contributing to improve the lives of others in her own way.<\/p>\n<p>Like her, a lot of women work day to day, making up <a href=\"https:\/\/www.cepal.org\/en\/pressreleases\/eclac-womens-labor-participation-rate-has-stagnated-around-53-region-and-gender-bias\" target=\"_blank\" rel=\"noopener\">53% of the Latin American workforce<\/a>. Out of the <a href=\"https:\/\/www.cepal.org\/en\/news\/latin-america-population-will-reach-625-million-inhabitants-2016-according-eclac-estimates\" target=\"_blank\" rel=\"noopener\">300 million women<\/a> in the region, only half of them access the labor market and the majority face discrimination and wage gaps. The BBVAMF contributes to improve this situation by supporting female entrepreneurs like Te\u00f3fila, who set up their own businesses so they can progress. Through financial inclusion, the Foundation and its six MFIs foster women\u2019s economic empowerment- women who with their eagerness and perseverance arrive at wherever they set their minds to.<\/p>\n<p>&nbsp;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>American author Steve Maraboli once said, \u201cThere is no greater force for change than people inspired to live a better life.\u201d And with his words,&#8230;  <a class=\"excerpt-read-more\" href=\"https:\/\/www.fundacionmicrofinanzasbbva.org\/en\/emprendimiento-entre-fogones\/\" title=\"Read Cooking up an enterprise\">Read more &raquo;<\/a><\/p>\n","protected":false},"author":13,"featured_media":16443,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[1443],"tags":[1575,1958,1704,796,1962,1599,2117,1850,1053,3403],"class_list":["post-16464","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-life_stories","tag-bbvamf","tag-emprendedora-en","tag-emprendimiento-en","tag-entrepreneurship","tag-female-entrepreneur","tag-fmbbva-en","tag-microserfin-en","tag-panama-en","tag-women-2","tag-womens-stories","paises-panama"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v26.8 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Cooking up an enterprise<\/title>\n<meta name=\"description\" content=\"American author Steve Maraboli once said, \u201cThere is no greater force for change than people inspired to live a better life.\u201d And with his words, we share the story of a female entrepreneur who has worked nonstop to improve her life and succeeded.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.fundacionmicrofinanzasbbva.org\/en\/emprendimiento-entre-fogones\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Cooking up an enterprise\" \/>\n<meta property=\"og:description\" content=\"American author Steve Maraboli once said, \u201cThere is no greater force for change than people inspired to live a better life.\u201d And with his words, we share the story of a female entrepreneur who has worked nonstop to improve her life and succeeded.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.fundacionmicrofinanzasbbva.org\/en\/emprendimiento-entre-fogones\/\" \/>\n<meta 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