A loan of $4,775 helped a member comprará insumos como papeles, artículos de regalo, articulos de escritorio y toner.


Esperanza Group's story

Story of the Communal Bank

“Esperanza” (Hope) is the name of this communal bank. It is comprised of 18 entrepreneurs, who devote themselves to different trades such as baking, a bazaar or variety type store, grocery store, selling furniture, selling fast food, and services, among others. All of them are from the city of Chillan.

Rayner is the president of the group. In the photo he is seated in the first row, and he is the third person going from right to left. He is wearing blue jeans and a grey sweater, and he has a hat on his head.

He devotes himself to a variety of services such as photocopying, copying keys, and repairing cell phones, among others. He has been in this business for five months. He says that he works alone, and he works Mondays through Saturdays. His business is located in his house.

He will use the loan to buy materials like paper, chips for telephones, gift items, and cell phone cases in order to stock his business. His goals are to grow each day in his business, to stock it with a variety of merchandise, and to attract more customers. With this he will have a better quality of life.

Rayner lives with his wife and two daughters, who go to school. His dreams are to give his daughters a good education so that they will be great professionals in the future.

Rayner is very happy and grateful for the loan and the services given to him by Fondo Esperanza. Also, he says that he feels very comfortable with the meetings and the group in his communal bank. They are generous and united. Regarding the trainings given at the meetings, he has learned to run his business in a better way.

Chillán is a community in the central district of southern Chile. Its name means “Window of the Sun” in the Mapudungun language, which is spoken by the Maupuche indigenous people. Chillán is also known as the “Cradle of the Nation” and the “Land of Artists” because many well-known figures in Chile’s history were born there, such as the famous pianist Claudio Arrau.

In this group: Rayner, Susan, Ana Maria, Maria, Maribel, Elizabet, Patricia, Gabriela, Luis, Gloria, Maria, Elcira, Claudia, Maria, Maria, Rosa, Saray, Carla

Translated from Spanish by Kiva volunteer Ginny Kalish



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