A loan of $3,850 helped a member to buy merchandise to stock her store.

Seucheleufu Group's story

This communal bank is called “Seucheleufu” and it has 20 enterprising members who carry out a variety of occupations. Among them are found: used clothes sales, new clothes sales, grocery sales, sales of fruit, eggs, groceries, leather working, pastry making and taxi and collective transportation service providing. All are residents of the city of Temuco.

Patricia is a communal bank member. In the photo she’s in the front row, first from left to right, wearing a black sweatshirt and blue jeans; she wears her hair loose. She’s been a merchant for ten years. She started out as a street vendor but a year ago set up a home-based grocery store. Her work schedule is 9am to 10:30pm. She comments that she has quite a few customers though she says that the time of highest sales is evening. She buys her merchandise in wholesale supermarkets and from suppliers. The loan is to buy merchandise to stock the store. Her business goal is to expand the locale she currently has to stock it with merchandise and a greater variety of products; her projection is to have a minimarket.

Patricia lives with her two children who are 13 and 7 years of age. Her dream on a personal level is to stay in business since this is her means of family support; she’d also like to buy a vehicle to transport her merchandise each time she buys it. Another of her dreams is to restart her risk prevention studies. She’s very happy and grateful for the loan and the services provided by Fondo. She comments that there is a very good relationship in the communal bank because there is trust and commitment.

Temuco is the capital of the Araucanía region. The city is located 670 kilometers south of Santiago (Capital of Chile). There is a series of lakeside resorts around it (Pucón, Villarrica) and very showy flora and fauna concentrated in nearby natural parks. It’s worth mentioning that 50% of the Mapuche indigenous population that exists in our country lives in this region.

In this group: Patricia, Margarita, Gloria, Jency, Natalia, Marisol, Ingrid, Gladys, María, Sergio, Aurora, Guido, Andrea, Luz, Lidia, Silvia, Tamara, Jocelynne, Jessica, Alejandra

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Translated from Spanish by Kiva volunteer Polliz

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