Funded

Total loan: $3,325
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Paso A Paso Group

Chile
Talca, Chile / Clothing Sales

A loan of $3,325 helped a member to purchase clothing inventory for spring and summer.


Paso A Paso Group's story

Paola is the president of the loan group "Paso a Paso" (Step-by-Step), which consists of 17 associates from the city of Talca. In the photo, Paula is in the second row, second from left to right, and is wearing a red jacket.

Paola sells women's clothing and accessories. The accessories she offers include purses, belts, handkerchiefs, scarves, necklaces and rings. Paula sells from her home and in the business establishments of some of her clients: a clinic, a municipality, an institute of social preservation, and three hair salons.

With this loan Paola intends to purchase seasonal clothing so her inventory is up-to-date. Paola travels two times a month to purchase merchandise in Santiago (capital of Chile). She dreams of having a boutique, ideally in her house so she can look after her children. She has three daughters, two-year-old twins and a 14-year-old daughter. Paola also works at a supermarket stocking shelves, but she is unable to maintain a fixed schedule for this work as the health of one of her twins requires regular visits to the clinic.

Fondo Esperanza is an important contributor to Paola's business and family, because as an independent business owner she can manage her time in ways that allows her to better accommodate the daily needs of her family. Paula also values the support and encouragement she receives from the loan officer and her fellow group members. The businesses of the other group members include the production and sales of empanadas, fast-food, salads, chocolates, home décor (bed sheets, curtains, table cloths, etc.), sale of coal, underwear, jewellery, clothing, and a blend of crafted accessories. Talca is in the Maule region, in the central part of the country. The majority of the population lives in the rural area, and is dedicated primarily to activities related to rural production. Talca is also known for its beautiful colonial architecture and artisan goods. The area's main attractions are the flora, the fauna, and the vineyards. Despite the fact that the workforce and production in Talca has increased, according to the recent census, this area is still, unfortunately, one of the poorest in Chile.

In this group: Paola, Luciano , Marta , Isabel , Juana, Alejandra, Claudia, Carolina, Carina, Juana, Ana, Marcela, Karem, María, Grabriela, María, Marlene
*not pictured



Loan details

Loan length:

6 months
Disbursed date: July 29, 2010
Facilitated by Field Partner: Fondo Esperanza

Lenders and lending teams



Loan details

Loan length:

6 months
Disbursed date: July 29, 2010
Facilitated by Field Partner: Fondo Esperanza