A loan helped a member to buy supplies for her business.

Gran Sismo Group's story

This communal bank is called “Gran Sismo” (Great Earthquake) and it has 15 enterprising members who are in a variety of lines of work among which are found: clothes sales, furniture making, textile weaving, fruit and vegetable sales, fast-food sales and services, among others. All of them are from the city of Talca.

Jessica, communal bank president, is standing in the photo in the first row from right to left wearing pants, a striped sweater and black shirt. She’s wearing a necklace and her hair is loose.

She has a parcel service business and she also sells food. She’s been in these businesses for a year. She works Saturdays and Sundays from 11am until night with no fixed schedule.

She always buys her merchandise in Santiago because it’s less expensive and there is a great variety of products. She will use the loan to buy supplies for her business. Her goals are to stay in business and to expand it to attain a better quality of life.

She lives with her husband and two children who are studying. Her dream is to be able to have her own food stand.

She’s very happy and grateful for the support Fondo Esperanza gives her. She also comments that she feels very comfortable in the meetings and with her communal bank group because there is much mutual respect and trust.

Talca belongs to the Maule Region located in the center of the country. It’s the administrative, economic and cultural center of the region it being the most important city in the Chilean Central Valley.

There is a curious reference to Talca in Chile, the phrase: “Talca, París y Londres.” Among the myths associated with this, some say this derives from something originally uttered by an Englishman “Talca parece Londres” because of the abundant fog that frequently blankets the city in winter, similar to what happens in the capital of the United Kingdom.

In this group: Maria, Clara, Jessica, Jacqueline, Alba, Leonor, Claudina, Alba, Margarita, Alicia, Ramiro, Carolina, Luis, Marcela, Julia

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Translated from Spanish by Kiva volunteer Polliz.

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