A loan of $3,775 helped a member to buy fruit and vegetables.

Los Mosqueteros Group's story

“Los Mosqueteros” (The Musketeers) community bank has 17 entrepreneurial members who live in the city of Viña del Mar. Their main business activities are dressmaking, selling provisions, clothes, purses, making and selling hand-crafted jewelry and selling fast food.

María Angélica is the president of this group. In the photo she is on the far left in the back row. Her business is selling household linen such as, for example: drapes, sheets, bedspreads, quilts, tablecloths, etc. She sells her goods door to door and to order. She has been in this business for 3 years.

Thanks to this loan and some savings she has, María Angélica will set up a new business this month in addition to the one she already has. She will start selling fresh and frozen fruit and vegetables from her home.

María Angélica's dream is to own a store where she can sell household items in the city center. Her motivation comes from her 3 children: her 20 year-old daughter who is studying speech and language pathology at university, her 16 year-old son, who will help her with her vegetable sales and her 10 year-old daughter.

For María Angélica, Fondo Esperanza has been a great support, not only economically but also through their training sessions which teach members how to run their businesses.

Viña del Mar is a city and municipality on the central Chilean coast. It is known as 'The Garden City' owing to the gardens and courtyards that some of the old houses in the city have. It is also considered the tourist capital of Chile.

In this group: María Angélica, Ricardo , Evelin, Juan, Jenny, Yenifer, Laura, Olga, Marcos, Fabiola , Hilda, Amalia, Alicia, Herminia, Jeannette, Ángel, Luz
*not pictured

Translated from Spanish by Kiva volunteer Linda Oxnard

Loan details

Lenders and lending teams

Loan details