A loan of $2,550 helped a member to purchase material, elastic, thread and sequins, specifically supplies for the making of costumes.


Mirando Al Futuro Group's story

This communal bank is called "Looking at the Future" and is composed by 17 members who are dedicated to differing activities, among them the making of empanadas, tortillas, sale of firewood and coal, also sale of groceries in a mini market. They are all from the city of Chilan. Nancy, who in the picture is in the first row, second from the right, is dressed in a black jacket, pink polo shirt and boots on top of her jeans. She has been a seamstress for the last 21 years, and has a shop in her home.
Nancy makes her clothing based on the season and the orders she receives from her customers. Her customers are frequently students during the school season, for the independence holiday season (Chilean independence day festivities) her clothing is based on native folk attire. Starting with the month of August her sales increase due to the making, renting and selling of costumes. In her shop Nancy has the necessary machinery to carry out her craft, an overlock machine, a multipoint and a straight machine. She says that her sales are doing well.
She buys her supplies in stores that specialize in sewing supplies.
With the loan she will buy material, elastic, thread and sequins, specifically supplies to make costumes.
Her goals are to continue working in her business to increase her income. She would like to perfect her ability to make costumes and she wishes to have a store specializing in the sale and rental of these.
Nancy lives with her husband and two children of 11 and 13 years of age. Her dreams for her family are for her children to become independent and professionals. She also finds herself helping her husband with the start of a grocery store business.
Nancy is very happy and grateful with the help that she gets from the Esperanza Fund. She says that the meetings have been a way to meet and share experiences from different point of view. This way confidence and solidarity is generated with the other member of the communal bank group. Besides, the group is very caring and committed.
Chillán is a community in the south central area of Chile. The name means " seat of the sun" in mapudungun, the language of the indigenous Mapuches. Chillán is known as the "cradle of the country" or "land of artists", due to several famous persons in Chile's history being born there, as for example the known pianist Claudio Arrau.

In this group: Nancy, Hervin, Víctor, Hernán , Magaly, Marcela , Mirta , Sabina, Eliana, María, Gabriela, Gustavo, Mauricio, Victoria, Ernesto, María, Carolina

Translated from Spanish by Kiva volunteer Laura Bobbit



Loan details


Lenders and lending teams



Loan details