A loan of $2,875 helped a member to buy clay vases and dried flowers.

Pemuco Crece Contigo Group's story

The “Pemuco Crece Contigo” (Pemuco Grows With You) community bank is made up of 19 entrepreneurs who work in different fields including selling clothes, selling underwear, making spicy sausages, and making smoked pork. They all live in the city of Chillán.

Gladys is the second person from the right in the photo. She is wearing a red jacket and black pants. She is in the handicrafts business. She buys clay vases and dried flowers in the village of Pomaire and the city of Santiago. She makes flower arrangements. Gladys tells us that she taught herself this trade. She will use her loan to buy clay vases and dried flowers. Her goals for her business are to have established premises since she currently sells her products in a craft fair on the days her customers are paid.

Gladys lives together with her husband and her 20 year-old son who works for a company and longs to study graphic design. He also helps his mom in her business.

One of Gladys' dreams is for her son to become a professional.

Gladys is very grateful for the opportunity that she has been given by Fondo Esperanza, not only for the loan but at all levels since she also really enjoys her community bank meetings, the topics that they cover in these meetings and also the solidarity and good interpersonal relationships that exist within the community bank.

Chillán is a town in the central-south area of Chile. The name means 'chair of the sun' in Mapundungun, the language of our Mapuche indigenous people. Chillán is known as the 'Cradle of the Nation' or 'Land of Artists' owing to the fact that prominent people from Chile's history, such as the well-known pianist Claudio Arrau, were born here.

In this group: Gladys, Rosa, Johanna, Herminda, Patricia, Rosa, Gabriela, Violeta, Laura, Marisol, Gemita, Nolia, Nely, Doris, Carolina, Susana, Rossana, María Jaqueline, Luisa

Translated from Spanish by Kiva volunteer Linda Oxnard

Loan details

Lenders and lending teams

Loan details