A loan of $3,450 helped a member to purchase a sewing machine, which will help her to increase production. Currently, she does all her sewing by hand.


Siglo Xxi Group's story

This communal bank is called “Siglo XXI” (Century XXI). It is made up of 18 entrepreneurs who make their livings in different areas including craft work, trade, handicrafts and preparing and selling fast food, among other businesses. All of them live in the city of Temuco.
María is a member of the communal bank. In the photo, she is in the back row, third from the right. She is wearing a light-green jacket and a lilac scarf. She has made her living in handicrafts for the last 7 years. Among the items she crafts are dolls. She spends time each day taking care of the housework, which is generally in the mornings. And then she sets her afternoons aside to make her handicrafts. She says that she enjoys her trade and that her mother did the same.
María offers her products for sale in the various artisan fairs.
She purchases her materials every 3 weeks in different stores around the city of Temuco.
With the loan, she will purchase a sewing machine, which will help her to increase her production. Currently, she does all the sewing by hand.
Her goal is to increase production of her handicrafts.
María says that during the Christmas season and summer vacation, her sales will increase considerably due to the demand for products in the artisan fairs that she participates in.
María lives together with her husband and three children, who are 19, 18 and 8 years old. Her dream, on a personal level, is that her children be able to go to university and study for a professional career.
She is very happy with and grateful for the opportunity that Fondo Esperanza has offered her to invest in her business. In addition, she enjoys the meetings and the members of her communal bank, where there is dynamism, aptitude and respect.
Temuco is the capital of the Araucanía Region. The city is located 670 km. south of Santiago (the capital of Chile). In the surrounding areas are a series of lakeside beaches (Pucón, Villarrica) and striking native flora and fauna concentrated in nearby native parks. It is also worth pointing out that this region is home to 50% of the Mapuche population, the native people of our country.

In this group: María, Víctor, Hernán , Blanca, José, Balvina, Ester, José, Yasmín, Celedonia, Jeaqueline, Irene, Dionicia, Rosa, Tamara, María, Yesenia, Alicia

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Translated from Spanish by Kiva volunteer Marni Siegal



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