A loan of $3,350 helped a member to buy materials and ingredients.


Luchando Por Nuestros Sueños Group's story

This community bank is called “Luchando por Nuestros Sueños” (Fighting for our Dreams) and is made up of 19 entrepreneurs who live in the city of Chimbarongo. You can see Alexis, the group's president, in the center of the photo, in the back row, wearing a white shirt. His business is making and selling 'alfajores' (traditional small cakes) , 'cuchuflíes' (filled sponge fingers) and chocolates. He has been in this business for one year. He works at home and sells his products in stores and also to individuals. Alexis will use this loan to buy materials for making his products, both ingredients and little sticks and wrappings for the chocolates. He has a 12 year-old daughter. His dream is to have an established premises and to sell his products wholesale. Fondo Esperanza's loans have been very useful for Alexis, especially when his sales have been very low. He is also very happy to share with his fellow group members. Chimbarongo is a town located in Libertador General Bernardo O'Higgins region, 150km to the south of Santiago (the capital of Chile). Its name, in Mapudungan (the Mapuche language) means "place between the clouds". Chimbarongo's economy is based mainly on the production of wicker handicrafts, growing fruit and wine production.

In this group: Alexis, María, Carolina , Rosa, Safira , Alicia, Rosa , Magdalena, María , Paola , Andrea , Geovanna, Teresa , Michael, Catalina, José, Marisol, Sandra, Carola
*not pictured

Translated from Spanish by Kiva volunteer Linda Oxnard



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Loan details