A loan of $3,450 helped a member to buy pants, socks, t-shirts and fleece tops, mainly winter season clothes. She will also buy rings to sell.

Lucero Del Mañana Group's story

This community bank is called "Lucero del Mañana” and has 18 members who all work in different fields including businesses such as clothes sales, market stall, confectionery store, cooking, sewing and grocery store. All of the bank's members live in the city of Temuco.

Olga is the community bank president. In the photo she is sitting on a chair on the far left of the picture. Olga works in commerce. She makes and sells empanadas and also has a craft stall in the town square where she sells macrame handicrafts, gloves, underwear and fleece clothing. She has been doing all this for five years. Olga also sells products from home and says that business is doing very well. She buys her merchandise from an importer in accordance with each season.

Olga will use her loan to buy pants, socks, fleece tops and t-shirts, mainly winter clothing. She will also start selling rings. Her goal is to have an established sales location where she can sell her merchandise.

Olga lives together with her husband and her two children aged 16 and 10. Her dream is to pay for a good education for her children and thereby provide them with a better quality of life. She is very happy and grateful to be participating in Fondo Esperanza's services. She has learned from other members' business experiences and enjoys the level of support that exists within the group. She believes that the training sessions have helped her to promote the institution's values within the group.

Temuco is the capital of Araucania region. The city is located 670 kilometers to the south of Santiago (the capital of Chile). In the surrounding areas there are a series of lakeside resorts (Pucón, Villarrica) and a very beautiful native flora and fauna which can be found in nearby nature reserves. 50% of the Mapuches (indigenous people) of our country live in this region.

In this group: Olga, Sandra, Fabiola, Angelica, Leonor, Gregoria, Magdalena, Leticia, Alda, Erna, Rozio, José, Nelda, María, Lucía, Gricel, Margot, Andrea

Translated from Spanish by Kiva volunteer Linda Oxnard

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