A loan of $3,500 helped a member buy gas, 46 Kg of flour and cake molds, the latter she’ll order from the city of Santiago.


Tabunco Fran Group's story

This Communal Bank is called “Tabunco Fran” and is made up of 17 entrepreneurs, each owning a different business. Some of those include, bakery, dried goods sales, new and used clothing sales, toy sales, radio taxi service and fast food sales, among others. They are all from the city of Talca.
Maria is the president of the Communal Bank group and is in the 1st row of the photo, 4th from the left, wearing a white short sleeve shirt, beige pants with stripes and black sandals. She has short dark brown hair and is short.
She’s been making baked goods, specifically, tarts and lemon pies, for 3 years. She taught herself. She sells from her home to acquaintances, family members and friends, made to order or for celebrations. She promotes her bakery business by word of mouth.
She buys her ingredients in different wholesale stores, supermarkets and suppliers to buy utensils and ingredients.
With the loan, she will buy gas, 46 Kg of flour and cake molds, the latter she’ll order from the city of Santiago.
Her business goals are to find an established place where she can prepare and sell her baked goods.
Maria lives with her 2 daughters, 25 and 21, both in university.
One of her personal goals is to take a baking course to perfect her skills.
She is very happy and grateful for the opportunity afforded her by Fondo Esperanza, as she’ll be able to invest in her business. In terms of the group, she tells us she feels very comfortable as the members are motivated and committed to their businesses. In terms of the training, she has learned new sales and investment strategies.
Talca is part of the region of Maule, which is located in the central area of the country. It is the administrative, economic and cultural center of the region, being the most important city of the Chilean Central Valley. In Chile there exists a curious reference to Talca, the saying, "Talca, Paris y Londres" (Talca, Paris and London). Among the reasoning for this saying, some think it’s a derivation of something said by an Englishman, "Talca parece Londres" (Talca looks like London; when pronounced in Spanish, “looks like” sounds like the word “Paris”) because of the abundant fog that covers the Chilean city in winter time, just like the capital of the United Kingdom.

In this group: María Eugenia, María Cecilia, Fresia , Luisa , Clara, Roberto, Carlos, Carlos, Rodolfo, Claudia, Ivan, Francisca, Lucia, María Loreto, Ana , Carmen, Rosa

Translator profile picture

Translated from Spanish by Kiva volunteer Beatriz Yuste



Loan details


Lenders and lending teams



Loan details