A loan of $3,850 helped a member to buy soap, cologne and body creams.

El Bosque De Traiguén Group's story

This communal bank is called “El Bosque de Traiguén," and is made up of 14 members who live in the city of Temuco.

Their occupations include: carpentry, dressmaking, selling baby clothes and vegetables, and the production and sale of foods such as sopapillas (fried dough dessert), tortillas, lemon pie and chocolates.

The member interviewed was Lilian, who is the treasurer for this group. In the photograph she is found seated in the second row in the middle; she is the woman who has short hair. She sells Natura brand products through a catalog. Her dream is to have a business set up in her house.

Lilian will invest this loan in products that are in most demand, such as, for example, soap, cologne, body creams, etc. What Lilian likes most about working with the Fondo Esperanza is the group work, the unity and support that exists among her fellow group members, and the counselor from the Fondo Esperanza.

Temuco is the capital of the Araucanía region. The city is located 670 kilometers to the south of Santiago (the capital of Chile), and has number of lake resorts and attractive vegetation and wildlife. It should be noted that this region is home to over 50 percent of the Mapuches (indigenous people) who live in this county.

In this group: Estela , Lilian, José, Angélica, Graciela, Suzzane, Sara , María Elena, Rosa, Manuel , Violeta , Verónica, Joselynne
*not pictured

Translator profile picture

Translated from Spanish by Kiva volunteer Lisa Grobar

Loan details

Lenders and lending teams

Loan details