A loan of $3,700 helped a member to buy new clothing.


Futuro Dos Punto Cero Group's story

This Communal Bank is called "Futuro Dos Punto Cero", ("Future 2.0"). It is made up of 20 entrepreneurs who work in different fields; amongst them are businesses selling clothes and groceries among others. They all come from the community of San Bernardo in the city of Santiago.

Nelly is the president of the Communal Bank, who is seated in the front row of the photo. She is the second from the right, and she is wearing a black jacket. Her hair is short and blonde. She has been working selling second-hand clothes for the last 15 years, at a stand located in the open markets. Her work schedule is mornings twice a week, and also the weekends. She has many customers, some of whom she has kept since the beginning.

She now wants to start moving into selling new clothes. With the loan, she will buy new clothes. Her goals are to have a permanent location in the bazaar, and in this way to prosper with her business.

Nelly lives with her husband and her four children aged 30, 29, 17 and 13, plus a 7-year-old granddaughter. Her dreams are to provide her children and granddaughter with a quality education, so that they may have a better quality of life. Her motivation is to continue with her business, as it is through her work that she is able to make a financial contribution to her household.

Nelly is very happy and grateful for the loans and the services offered through Fondo Esperanza. In addition, she feels very comfortable with her group at the Communal Bank, as she has known them for several years and has neighbors among them. These meetings have allowed her to achieve self-fulfillment. In regards to the training, it's helped her to specialize and to manage her business better.

San Bernardo is a city located 18km due south of the Plaza de Armas of Santiago (the capital of Chile). It is well known as the capital of folklore, thanks to the fact that in January of each year, they have the "International Festival of Folklore". This is an event where the roots of the country come together and meet with musical groups from throughout South America. They also host the "Festival of Traditional Handicrafts", in which many Chilean artesans participate, as well as those from other nearby countries. Later in April, there is "April of a Thousand Cuecas", which consists of cueca dancing (a traditional Chilean dance) for the whole community.

In this group: Nelly, Rosario, Erika, Greta, Marisol, Claudina, Sandra, Cristina, Karina, Gisselle, Marta, Eugenia, Bernarda, Juana, Solange, Gabriela, Luis, Malva, Ximena, Margarita
*not pictured

Translated from Spanish by Kiva volunteer Arabella Pollack



Loan details


Lenders and lending teams



Loan details