A loan of $5,875 helped a member to buy undergarments for men, women and children.


Lucero Del Mañana Group's story

This communal bank is called "Lucero del Mañana” ["Bright Star of the Morning"]. It is made up of 19 entrepreneurs who work in different fields, including pastry making, clothing sales, and making bedspreads, among other professions. All of them live in the area of the city of Temuco.

Olga is the president of the communal bank group. In the photo, she is in the second row, second from the left, dressed in jeans and a white jacket with pink and black stripes across the shoulder. She also has her hair up.

She has worked for the past 5 years as a mobile vendor. Specifically, she sells all types of merchandise and handicraft products. She has a stall located in the city's plaza. Her working hours are from 8 in the morning until 2 in the afternoon, from Monday through Friday. She reports that she has a large number of customers who regularly buy from her.

She usually buys her merchandise from distributors located in the cities of Temuco or Santiago. With the loan, she will buy undergarments for men, women and children. One of her goals for her business is to set up an established shop where she can sell lingerie products.

Olga lives together with her husband and her two children, aged 17 and 11. Her dreams on a personal level are to provide her children with education so they can become professionals. She is very happy and grateful for the opportunity provided by the Esperanza Fund to invest in her business, because it has also allowed her to make progress toward achieving her dreams.

She also feels very comfortable with her communal bank group, because there are excellent relationships and very good communication among its members. Temuco is the capital of the Araucanía region. The city is located 670 kilometers south of Santiago (Chile's capital). In the surrounding area is a series of lakeside resorts (Pucón, Villarrica) and very remarkable native flora and fauna, concentrated in nearby nature reserves. It is worth mentioning that this region is home to 50% of the Mapuche people, an indigenous group, who live in our country.

In this group: Olga, Angelica, Leonor, Gregoria, Leticia, Alda, Rozio, Nelda, María, Lucía, Andrea, Ana Rosa, Celia, Verónica, Richilda, Alicia, Sonia, Pilar, Prisila
*not pictured

Translator profile picture

Translated from Spanish by Kiva volunteer Patricia Linderman



Loan details


Lenders and lending teams



Loan details