A loan of $4,600 helped a member to buy T-shirts, blankets, threads, blended paper and towels to embroider. Also, she will pay the maintenance of the sewing machine she uses.

Quince Mas Uno Group's story

This communal bank is called "Quince más Uno" [Fifteen plus One] and is made up of 18 members, who make a living in different sectors, among which are clothes crafts, bakery, confectionery, educational games crafts, sewing, hairdressing, and selling eggs. All the members belong to the commune of Independencia, in the city of Santiago.

Mónica is part of this communal bank. She is on the second row of the photo, standing up in first position on the right hand side. She is wearing sunglasses, a short-sleeved black T-shirt and her hair is light brown and tied back. She has been making a living sewing clothes for the last two years. She calls her work "bordado con sentimiento" [embroidered with feeling], as she writes poems, names or dedications on different articles of clothing, depending on the desires of each customer. Some of her products are blankets and T-shirts. Also, she has introduced making logos for some businesses as a stable source of work. She comments that during the months of January and February she worked for a manufacturer in making blankets.

Her work has been an important economical support for her family. She buys her materials in the communes of Independencia and Estación Central.

With this loan she will buy T-shirts, blankets, threads, blended paper and towels to embroider. Also, she will pay the maintenance of the sewing machine she uses.

One of her short term goals is to buy a computerized sewing machine, to extend her business, as at the moment she uses her mother's machines. In this way, she will also be able to become independent.

Mónica lives with her two children aged 18 and 13. Her oldest daughter will start studying a pre-university course to prepare herself well and take the PSU (prueba de selección unversitaria [university selection test]) in order to study a dentistry degree at university.

Mónica's motivations are to make an effort every day, to generate a higher income and in this way fulfil her dreams.

She is very happy and grateful for the loan provided by Fondo Esperanza, as it has allowed her to invest in her business and to succeed economically. She comments that the communal bank group she participates in is very close and and feels very comfortable.

Independencia is one of the 34 communes that make up the city of Santiago (the capital city of Chile), located in the central-north sector. It arose at the end of the 19th century as a traditional part of the city. Its main axis is Independencia Avenue which used to be the ancient Road of the Inca which was the northern gate of the city of Santiago. Because of its extensive indigenous population the Chilean Indigenous Cultural Center is found in Independencia. It also has important historical buildings among which are six historical Chilean monuments.

In this group: Mónica, Doris, Patricia, Veronica, María, Francis, Joselyn, Rosa, Patricia, Irene, Fabiola, Vicente, Sandra, Angelica, Marianela, Juan, Luis, Silvia

Translated from Spanish by Kiva volunteer Laura Darby

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