A loan of $2,450 helped a member to purchase wholesale vegetables, toilet paper and detergent for sale in her grocery store.

Querer Es Poder Group's story

This communal bank is called 'Querer es Poder' ('Where there's a will there's a way') and consists of 15 entrepreneurs who work mainly in the commerce sector, selling merchandise such as clothes, among other things. All members are from the municipality of San Bernardo, located in the city of Santiago.

Paola is a member of this communal bank. In the photo she is squatting in the front row on the left, wearing a horizontally striped shirt and flowery trousers. She has been working in commerce for five years, selling groceries and vegetables at a stall she established in the front garden of her mother's house, which is where she lives with her parents, siblings, husband, and two children aged four years and two months.

Paola explains that she had a greengrocers shop, but had to relocate her business to her mother's house as she was pregnant and had to sacrifice herself to her work.

With this loan, Paolo will buy wholesale vegetables, toilet paper and detergent for her store. Her business goals are to stock her store with more goods and obtain the municipal patent for her business which will allow her to sell her products.

Her dream is to improve the income generated from her business and provide a better quality of life for her family. She also longs to own her own home and for this she needs to apply for a housing subsidy.

Paola is very pleased with and grateful for the support provided by Fondo Esperanza, as the loan allows her to invest in her business. She has also said that the communal bank meetings have helped her learn more about the group which she is a part of.

San Bernardo is a city located 18 km directly south of the main square of Santiago (the capital of Chile). It is known as the capital of folklore as in January each year the International Folklore Festival takes place, an event where the country's roots come together and musical groups from all over South America meet. San Bernardo also hosts the Traditional Crafts Fair, which features both Chilean craftsmen and those from other nearby countries. In April, an event called 'Abril Cuecas Mil' takes place which consists of dancing cueca (Chilean folk dance) throughout the entire district.

In this group: Paola, Lorena, Oscar, María Carolina, María Cecilia, Gladys, Vanesa, María Eliana, Marcela, Gissela, Daniela, Gabriela, Lissette, Marjorie, Celia

Translated from Spanish by Kiva volunteer Fiona Craig

Loan details

Lenders and lending teams

Loan details