A loan of $3,825 helped a member to buy fabric and clothing with new designs.


Los Microempresarios Group's story

The communal bank “Los Microempresarios” (the small entrepreneurs) is made up of 19 businesspeople who work in different areas such as: cosmetology, firewood, clothing sales, etc. All live in the city of Temuco.
Diana, who is pictured second in the photo going from the left to right, is dressed in a blue jacket with sky blue decorations and purple patterned pants. She makes and sells clothing. She says that she likes to be innovative with her products so she also buys clothing in Santiago and sells them directly from her house. Her customers go there to place orders for the clothing that she makes and also to take advantage of the trip by purchasing what she buys in Santiago.
She will use the loan to buy fabric and clothing with new designs. Her goal is to establish herself in her business so that she can open a clothing boutique.

Diana lives with her 4 year old daughter. She goes to a nursery school and Diana uses this time to organize her business. But her schedule is flexible in general since it works well with her daughter’s schedule.

The reason why she continues with her business is that she wants to have her own house and to offer her daughter a better standard of living. To firm up her first project she will use the housing benefit and that’s what she hopes to do during the month of August.
Diana is very happy and thankful for the financing offered her by Fondo Esperanza since it lets her invest in her business and generate higher earnings in the future. She gets along well with the other members of the bank and she organizes various group functions.

Temuco is the capital of the Araucania region and is located 670 kilometers south of Santiago (the capital of Chile). There are a series of bathing spas (Pucón, Villarrica) around the city and beautiful flora and fauna concentrated in the nearby natural parks. It is notable that 50% of the Mapuches, a native people of Chile, live in the area.

In this group: Diana, Laura, Roxana, Fernando, María, Ramón, Manuel, Arlette, Macarena, Mercedes, Jamie, Juan, Iris, María, Tatiana, Jeannette, Carola, Margarita, Angelica

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Translated from Spanish by Kiva volunteer Miriam Palacio



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