A loan of $2,325 helped a member to buy nuts, dried fruit and olives to stock his business.


Los Soñadores Group's story

This communal bank, called “Los Soñadores”, is made up of 17 entrepreneurs who have various jobs including: making clothing, selling cosmetics through a catalogue, a bakery, and chocolate making. They all live in the city of Valparaíso. Claudio is the group president and appears in the photo, standing, first on the right, holding his four-month-old son. He is a merchant and sells nuts and dried fruit in a stall in various markets. He has had this business for ten years, and works from 8:00 am to 3:00 pm every day of the week. He normally buys pickles, olives, pickled onions, almonds, and other products in the city market. During the summer season he also sells seasonal fruits such as strawberries. With this loan, he will buy nuts, dried fruit, and olives to stock his business. One of his goals for his business is to have an established storefront and all of the legal permits to sell in it. Claudio lives with his wife and three children, ages 3 and 8 years, and four months old. One of his dreams is for his business to prosper in order to provide his family with a better quality of life His wife also sells nuts and dried fruit, but she sells from home in order to be nearby. Claudio is grateful for the opportunity that Fondo Esperanza has given him to invest in his business. He has been a very pleasant member of his communal bank, and he feels comfortable continuing to participate in the Institution. Valparaíso is located 120 kilometers north-east of Santiago. It is the regional capital and the seat of legislative power in the country. It is the gateway of the nation and offers a large variety of beautiful, picturesque locations; for example, the house of Nobel Prize-winning poet Pablo Neruda.

In this group: Claudio , Marina, Margarita, Andrea, Rosa, Pamela, Juana, Adam, Edith, Myriam, Belén, Catalina, Silvia, Yenitt, Daphne, Veronica, Monica
*not pictured

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Translated from Spanish by Kiva volunteer Christine Cooper



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