A loan of $3,150 helped a member used clothing and sweets.

Los Pinos De Carahue Group's story

The communal bank “Los Pinos de Carahue” is composed of 16 members from the community of Carahue, near the city of Temuco (in the Ninth Region, in southern Chile). They dedicate themselves to sewing businesses, clothing sales, the sale of cheese, toasted wheat, dried wheat, breads, vegetables, dessert-making, and artisan wood products.
Ruth is the group´s secretary and in the picture she is in the first row second in from the left. She sells sweets and used clothing from a roofless dismountable stand in the center of the village, and she has been in this business for approximately three years.
With this loan, Ruth will purchase sweets and clothing to sell. Her dream is to have her own home, she is currently saving, and she is close to reching her goal. She also wants to grow her business, to have an enclosed post to sell from, which is enclosed from rain, cold, and sun.
Ruth has two children, a son who is 14 and a daughter who is 18 and recently had a baby, making ruth a grandmother.
Ruth has enjoyed working with Fondo Esperanza because her business has given her the support to cover the expenses of her children and herself.
Carahue is located 56 kilometers south of Temuco. Its name comes from a Mapudungun (the language of the indigenous Mapuche population) word meaning “place of the village”. There are 25,696 inhabitants in Carahue, over 60% of them living in rural areas. There is a large Mapuche population in Carahue, and their culture greatly defines the identity of the community.

In this group: Sandra, Miguelina, Vianca, Yohaniny, Blanca, Lilian, Verónica, Nicol, Rosa, Mirella, Natalia, Ruth, Pablo, Celmira, Verónica, Corina
*not pictured

Translator profile picture

Translated from Spanish by Kiva volunteer Cecilia Piris

Loan details

Lenders and lending teams

Loan details