A loan of $2,625 helped a member to buy a hammer/percussion drill used in construction.


Inversión Group's story

This communal bank is called Investment. It has 18 members who are entrepreneurs working in different fields. Some of these are clothing sales, gift items, ice cream sales, and construction masters. All of them live in the city of Valparaíso.

Christian is president of the communal bank group, and in the photo can be found in the back row, at the end, in the plaid shirt, with his hand reaching upwards.

He works in the field of welding. He works with metal structures that are used for construction. He has been in this work for 10 years. He also works independently, with a flexible schedule, working 4 days a week. His clients go to his home address and ask for his welding services.

Fo now he works in a little workshop that is set up in the patio of his house. There he has his tools among which are a galletero (a tool to cut various types of materials), an electric saw, and a welding machine among others. He buys his welding supplies from large distributors.

With the money from the loan he will buy a hammer/percussion drill used in construction.

One of his goals is to have a large workshop with some kind of roofing outside his house. Christian lives with his wife and his 4 sons who are school students. He is the head of the household. One of his dreams is that his children become professionals so that they have more economic stability.

Cristian is very pleased with the opportunity offered by Fondo Esperanza as it has permitted him to buy different types of tools for his business which has been expanding. He also says that what he has learned through the communal bank training has become a part of his business as he puts to use what he learns.

Valparaíso is located 20 kilometers northwest of Santiago. It is the regional capital and the seat of legislative power of the country. It is the main port of the nation and offers a great variety of beautiful and picturesque places, for example the house of the poet Pablo Neruda, winner of the Nobel Prize.

In this group: Cristian, Laura, Marcela, Johana, Nancy, María Del Carmen, Valeria, Cristian, Luis, Ruth, María Esperanza, Sergio, Daniel, Jonathan, María, Andrea, Claudia, Luciano
*not pictured

Translator profile picture

Translated from Spanish by Kiva volunteer Gail LeGrand



Loan details


Lenders and lending teams



Loan details