A loan of $4,200 helped a member to buy fruit.


Norte Grande Group's story

This communal bank is called “Norte Grande” (Big North) and it has 16 entrepreneurs who are merchants specifically fruit selling, items for babies, food, street market sellers, crafts and services, among others. All of them are from the city of Santiago’s Renca commune. In the photo, Rosa, communal bank secretary, is in the second row, first from left to right, wearing a black jacket; her hair is short. She’s a merchant who specifically sells juice and candy in general. She’s been in this line of work for four years and she works every day in a street market. The merchandise and ingredients she uses she buys at a fruit and vegetable wholesale market. She will use the loan to buy fruit to stock her business. Her business goal is to be able to grow to generate more income thus obtaining better quality of life. Rosa lives with her mother and a sister. Her dream is to be able to have a business of her own. She is very happy and grateful for the opportunity Fondo Esperanza is giving her to invest in her business. She also feels very comfortable in the group she participates in because they are united; there is respect and trust. Renca is a commune located in the northwest of the Santiago (Capital of Chile) metropolitan region. It’s a commune with strong community action among which the community television station, Renca TV, stands out that was created to promote the commune’s cultural and artistic activities.

In this group: Rosa, Rosa, Gladys, Fabiola, Joel, Roxina, Romina, Mariza, Luisa, Edith, Monica, Ximena, Rene, Adriana, Jeniffer, Margarita
*not pictured

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Translated from Spanish by Kiva volunteer Polliz



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