A loan of $1,025 helped to buy clothes to stock her business.

Cristina's story

Cristina is part of the “Fuerza de Mujer” communal bank, in the city of Temuco. She has been a merchant for 5 years. She started selling lingerie and at present she sells new clothes for adults and children, as well as accessories.

She buys her merchandise in the city of Santiago in the Meiggs neighborhood wholesale. She remarks that she has regular customers and is always gaining new ones. With the loan, she will buy clothes to stock her business. Her goals for the business are to have an established locale to offer and sell her clothes.

Cristina lives with her husband and three children, aged 11, 4, and 2. Her dreams at a personal level are to prosper in her business, so it can bring her earnings for her family to have a better quality of life, along with a good educational level. Another one of her dreams is to obtain her own house and to do this she is saving to ask for a housing subsidy.

Cristina is very happy and grateful for the opportunity the Fondo Esperanza has offered her to invest in her business. She also is very comfortable with the communal bank group she belongs to, since they are very close and responsible.

In regards to the trainings offered in the communal bank meetings, these have allowed her to distribute her earnings in a better way.

Temuco is the capital of the Araucanía region. The city is located 670 kilometers south of Santiago (the capital of Chile). Nearby are the lake beaches (Pucón, Villarrica) and a native flora and fauna in nearby nature parks. It is worth noting that 50% of the Mapuches live in this region, an indigenous people that lives in our country.

Translator profile picture

Translated from Spanish by Kiva volunteer Ellen Donohue

Loan details

Lenders and lending teams

Loan details