In Chile, vending machines in local stores offer affordable staples

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73 percent of the population in Latin America live on less than USD 4 per day, but the prices of food and necessities in struggling areas rarely reflects this. Often, shops in areas such as Santiago in Chile offer products at prices up to 40 percent higher than better off areas. Hoping to end this inequality, Algramo distributes vending machines containing staples such as beans, lentils, rice and sugar around Santiago. It installs the affordable alternatives in local stores and splits the profits with the shopkeepers. Algramo enable locals to purchase goods in bulk in reusable containers, lowering the price…

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