A loan of $2,900 helped a member to buy more ingredients need to produce her pastries.


Los Emprendedores Group's story

“Los Emprendedores” is a communal bank formed by fourteen socios (borrowers) who reside in La Florida district. These individuals are primarily dedicated to their individual occupation: a seamstress, a baker, an artist (wood pieces), and a salesperson (sells CDs, socks and underwear).

Fabiola is the delegate of this group. In the photo she is found in the back row, second from the right, and is wearing a purple jacket. She bakes pastries, alfajores (a traditional Arabic confection) and various cookies and sells them in a stand that she has created in front of her house. She also distributes wholesale for other business to sell within the neighborhood. Fabiola learned how to make pastries from her father who was a bread-maker and pastry chef.

With this loan, Fabiola intends to purchase the principle ingredients needed to produce these goodies. Her dream is to one day open a pastry shop in a grand location and afterwards add to it a shop that will sell these ingredients for other to make them too.

Febiola lives with her husband and 7-year-old daughter. She enjoys participating in the weekly bank meetings along with the other socias (borrowers) and the loan officer. She credits Fondo Esperanza’s weekly bank meetings with enabling her to socialize with other entrepreneurs and learn from their experiences too.

La Florida is a community located to the southeast of Santiago (the capital of Chile). The community itself is quite diverse, representing all sectors of socioeconomic levels. This area has an active commercial life which is manifested in the existence of several new shopping centers. In recent years, this sector has experienced explosive growth.

In this group: Alida, Fabiola , Ricardo, María, Englantina, Alejandro , Pilar , Rossanna , Amalia , Myriam, Yanet, Lucía , Luisa, Cristían



Loan details


Lenders and lending teams



Loan details