A loan of $5,000 helped a member chickens and other food goods.

Azucenas Group's story

The “Azucenas” communal bank is made up of 16 female and 2 male members, and they are from the town of Cisterna. Their main businesses are: the sale of vegetables, female undergarments, new and used clothing; the production and sale of pastries, fast foods, meals, and tailoring bed sheets.
Rosa is the president of this group and in the photo she is seen sitting down in the first row from left to right. She cooks and sells bakery goods, like pastries and “kuchen” (pies), twice a week at a fair near her house. She makes made-to-order cakes and other products in her house. She also sells artisan ice cream on cones, and she tailors clothes in her house every day of the week. Finally, using her industrial oven that she bought with the other loans from Fondo Esperanza, she makes and sells empanadas (meat-filled pastries) and sometimes pollo asado (grilled chicken).

With this loan she will buy chickens to make asados and to prepare meal plates to sell in the fair. With the loans she received from FE as well as from the industrial oven, Rosa acquired a freezer for her ice creams and a refrigerator for her mother’s house, where she lives with her two children ages 13 and 7. They, together with her 21 year old son (who is in a drug rehabilitation facility) are her motivations for pushing forward with her business. Rosa receives only a tiny bit of economic help from the father of one of her children.

Her dream is to own a bakery where she can sell baked goods, grilled chicken and ice creams in a part of her own house that she will get subsidized at the end of next year.

Rosa has very much enjoyed working with Fondo Esperanza, for the good attention she has received from the loan officer and for the quick disbursement of her loans. She also thanks the politeness of the administration of her business.

La Cisterna is a community in Santiago, located in the “centro-sur” (south central) sector of the Chilean capital, and inside of a completely urban zone. It is primarily a residential and commercial town.

In this group: Rosa, Jessica, Eulogia, Karin, Roxana, Viviana, Laura, Francisca, Indira, Rosa, Angel, Rosa, Eliana, Noelia, Filipa, Irma, Eliana, Andres

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Translated from Spanish by Kiva volunteer Kimberly Friedland

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