A loan of $3,475 helped a member to buy more merchandise to sell.

Samuel Francisco Group's story

The communal bank of “Samuel Francisco” is comprised of twenty hardworking men and women who are dedicated to various independent businesses. These businesses include shops that specialize in dressmaking as well as shops that sell curtains, furniture, iron lamps, clothing, perfumes, silver jewelry, fast food, fruit, and/or vegetables. Each member plans on investing their portion of the group loan in purchasing merchandise and other stock items that will help them grow their respective business.

The members of “Samuel Francisco” are from Talca, a city in the Maule region of central Chile. The two communities in Talca that the group members come from are called Samuel and Francisco, which is how their communal bank name was made. The climate in the region is Mediterranean, so the land is great for wineries and is a very scenic area. Nevertheless, the region is one of the poorest in Chile.

Mariela is the president of “Samuel Francisco” communal bank and she is pictured above wearing a green T-shirt in the second row. She sells clothing and perfume and travels twice a month to Santiago to purchase her merchandise. Mariela has two children, aged 11 and 9, and she is currently expecting her third child. Her dream is to have a clothing shop of her own in the city center.

For Mariela, Fondo Esperanza has meant important and sustaining economic help for her business, helping her achieve more financial stability for her family.

In this group: Mariela, Sandra, Orfelia, Carla, Idilia, Carmen, Beatriz, Elizabeth, Luis, Yaniré, Sebastián, Marta, Salome, Ángel, Felicinda, Wilson, Isabel, Irma, Susana, Maribel

Loan details

Lenders and lending teams

Loan details