A loan of $4,125 helped a member to purchase bales of clothes and sacks of used toys, since the Christmas season is approaching and it is a good time of year to sell these types of products.

Jireh Group's story

This communal bank is called "Jireh", and is made up of 20 entrepreneurs, who work in different trades, among which are found: clothing sales, lease of inflatable toys for children, construction teachers, center of depilation, artesans, lease of banquet articles, and service of floral arrangements, among others. All of them belong to the city of Talca.

Domenica is the member of the communal Bank who in the photo is found in the first row, occupying the fourth place from right to left, shown in a purple sweater, gray pants and glasses. She works in commerce, specifically selling used children's clothing. Her sales are made from home during the week at any time of day, and on the weekends, she sets up a stall in an open market with her wares. She purchases her merchandise from distributors located in the city of Santiago. She purchases the clothes by the bale which contain around 250 articles of clothing. With the loan, she will buy bales of clothes and bags of used toys, since the Christmas season is approaching and it is a good season to sell these types of products. Her goals are to expand her business and to include a greater variety of products. Moreover, she would like to have a place established in some open market, that would offer her flexibility with her schedule and a certain amount of independence.

Domenica lives with her husband and their two children, ages 6 and 4. She receives the support of her husband when he works, since he is primarily responsible for caring for the children. Her husband is also a merchant and one of their dreams as a family is to become independent, to obtain better profits with their respective business. Domenica is very happy for the loan and the services offered by Fondo Esperanza (Hope Fund), since the loan has allowed her to invest in her business and the trainings have served to help her learn about accounting, administration and strategies for how to manage her business.

With respect to the group of the communal bank, she comments that they have had some differences to face; nevertheless, they have solved all without any problem, and that is what has brought the group together.

Talca belongs to the region of Maule, located in the central part of the country. It constitutes the cultural, economic, and administrative center of the region, being the most important city of the Chilean Central Valley. In Chile, a curious reference about Talca exists; the phrase "Talca, Paris, and London". Among the myths on the matter, some they say that this is a derivation of the originally saying by an Englishman "Talca seems like London", due to the abundant fog that covers often the city in the winter season, resembling the capital of the United Kingdom.

In this group: Domenica*, David*, Lorena, Karla, Miguel, Gabriel, Natali, Marisol, Maribel, Valeska, Angelica, Gabriel, Johanna, William, Aldo, Luz, Claudina, Gladys, Victoria, Nadia

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Translated from Spanish by Kiva volunteer Kathryn Luehm

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