A loan of $6,800 helped a member to buy wool to make knitted items.

Genesis Padre Las Casas Group's story

This communal bank is named “Génesis Padre Las Casas.” It is made up of 22 entrepreneurs who all work in different areas, including: clothing sales, fruit sales, vegetable sales, confectionery sales, and other businesses. They all live in the Padre de las Casas township, located in the city of Temuco.

María Verónica is the treasurer of the communal bank. In the photo, she is the first person seated on the left wearing glasses, with short dark brown hair and bangs. She is wearing a pale pink jacket, a floral print shirt and jeans.

María Verónica has had a business selling new and used clothing and used shoes for 15 years. She also sells knitted items that she makes herself, and undergarments. She comments that she has a stable place to sell, and that she pays for a municipal permit so that she can continue with her business. She works from 8am until 3 in the afternoon. She will use this loan to buy wool to make her knitted items.

One of María Verónica's goals is to continue to grow her business so that in the future she could sell only new clothes. She wants to become a businesswoman. She lives with her husband and her daughter, who is in high school.

María Verónica is very content and grateful for the opportunity provided by Fondo Esperanza, because it will enable her to invest in her business. With regard to her communal bank, she says that within the bank there is very good communication. Also, the training has helped her to learn new sales strategies and accounting.

Padre Las Casa is a township in southern Chile, close to the city of Temuco in the Araucanía region. It was named in honor of the Spanish priest Bartolomé de Las Casas, who defended the indigenous people during the conquest of America. A large number of indigenous Mapuche people live in this township. Its economy is based on agroindustry and commercial services.

In this group: María Verónica, José, María José, Emilia, Jeannette, Luisa, Teresa, María Elizabeth, Irma, Mariela, Patricia, Raquel, Pedro, María, María Soledad, Viviana, Víctor, Jacqueline, Rocio, Juan Carlos, Magdalena, Eliana

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Translated from Spanish by Kiva volunteer Lisa Grobar

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