A loan of $1,175 helped to buy fabric, leather and borders to make curtains.

Juana's story

Juana is a member of the communal bank "Nueva La Greda", in the town of Penco in the city of Concepción.

She has been in the dress-making business for 25 years, and works out of her home in an area in the dining room set up to attend to customers for fittings and taking measurements. Her works hours are Monday through Friday, from 7:00 a.m. to 10:00 p.m. She takes orders especially during the school season, and for patron saint festivities, marriage ceremonies and graduations. Juana takes care of buying the fabric because of her vast experience and knowledge regarding fabric quality and places to shop. She also gives easy payment terms and is constantly renewing her designs according to the latest fashions.

The loan will be used to buy fabric, leather and borders to begin making curtains. Her goal is to expand her house and build a sewing shop somewhere inside it that does not interfere with everyday family life. She also wants to buy an industrial sewing machine for her shop.

Juana lives with her husband and has two daughters, ages 21 and 13, and her eldest daughter is studying to be a nurse technician and surgeon's assistant. Juana's goal is to keep working in the same field and be able to pay for her daughters' higher education. She is pleased and grateful for the loan through Fondo Esperanza since it allows her to invest in her business and generate more income. Regarding the meetings held at the communal bank, Juana finds them amenable and has been able to learn about keeping expense records, how to treat customers and use of social networks.

Penco is a community close to the cty of Concepción, in southern Chile, in the region of Biobío. The name comes from the Mapudungun and means "peumo water". It has one of the largest populations in the region, and industrial centers and a port.

Translator profile picture

Translated from Spanish by Kiva volunteer Sherry Bess

Loan details

Lenders and lending teams

Loan details