A loan of $3,175 helped a member to purchase women’s sweaters in different styles and sizes.


2012 Group's story

This communal bank is called “2012”. It is made up of 15 entrepreneurs who are involved in different economic activities. These include: baking, podiatry, textile handicrafts, selling charcoal, services and other activities. All of the members are originally from the city of Valdivia. Alejandra is the group’s president. In the photo she is the second woman from the right in the front row, and is wearing a black jacket and white earrings with her hair parted to one side. Alejandra makes a living selling women’s clothing and perfumes, and has been involved in this business for 30 years. She sells a diverse range of clothing, as her products are generally for women of all ages. She normally buys her merchandise online in Santiago. Alejandra will use the loan to purchase women’s sweaters in different styles and sizes. She plans to expand her business by buying a variety of products so she can have a larger clientele and thus achieve a better quality of life. Alejandra lives with her husband, who is a government official, and their 3 small children. Her dream is to own a house. Alejandra is very happy and grateful for the loan and services that Fondo Esperanza has provided. She says that she feels very comfortable being part of her communal bank, since the members are very close and respectful toward one another. Chillán is a city in the south-central part of Chile. Its name means “the chair of the sun” in Mapudungun, the language of the indigenous Mapuche people. Chillán is known as the “Cradle of the Country” or the “Land of Artists”, as many important figures in the history of Chile were born in the city, such as the famous pianist Claudio Arrau.

In this group: Alejandra, Yohana, Ana, Jeannette, Makarena, Karina, Francisca, Maciel, Barbara, Bruno, Eliana , Erica, Margot, Arline, Reinaldo
*not pictured

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Translated from Spanish by Kiva volunteer Chris Knutson



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