A loan of $4,100 helped a member jewelry and ingredients to make chocolates.


Nueva Vida Group's story

This communal bank is called “Nuevo Vida”, and this is the second time they have a loan published on Kiva. The members of this bank are from the city of Temuco, and they are involved in the activities of pastry-making, chocolate-making, sewing, selling cakes, frozen foods, coal, wood, and salads. The group member interviewed was Macarena, who is the group’s president. In the photo Macarena is in the last row, to the right, with a baby (the daughter of another group member) in her arms. Macarena and Ingrid, another of the group members who she taught to make chocolates, make and sell the chocolates together. They sell in various restaurants and kiosks, and in schools. Macarena will invest this loan in materials and ingredients to make the chocolates, and in silver jewelry to expand her business. Her dream is to have an internet café in her house or in Ingrid’s, for which they are applying for a “capital semilla” (seed capital) from a government program. Macarena’s greatest motivation is her 5-year-old daughter – to assure a good economic future for her through her studies and everything she will need. What Macarena likes most about Fondo Esperanza are the good moments she lives with her group and their loan officer during the group meetings, when they do their entrepreneur-training workshops and share their experiences. Temuco is the capital of the Araucanía region. It is located 670 kilometres south of Santiago (the capital of Chile) and possesses a series of lake-side spa resorts and striking native flora and fauna. This region is also noteworthy for being the region where 50% of Chile's existing indigenous Mapuche community live; some of whom are members of Fondo Esperanza communal banks.

In this group: Macarena , Fuentealba, Andrea , Claudia, Marianela, Verónica, Maricela , Eliana, Erica, Ingrid, Sandra , Morelia, Ruth, Sandra , Gabriela , Johanna
*not pictured



Loan details


Lenders and lending teams



Loan details