A loan of $3,500 helped a member to buy more children's clothing and vests.

El Renacer Group's story

This communal bank is called El Renacer. It is made up of 19 entrepreneurs who work in the area of commerce, specifically market vendors, fast food, clothing sales, "sopaipillas" [deep-fried dough], and service, among others. All of them live in San Bernardo, located in the city of Santiago.

Heny is the president of the communal bank group. In the photo she is seated in the first row on the right. She's wearing a white polo shirt and a green jacket. She is wearing earrings and her hair is red and she wears it pulled up.

She has worked for 22 years in the area of commerce, specifically selling clothing. She sets up her stall in open markets on Tuesday, Saturday, and Sunday. Her clothing merchandise is varied because generally her products are for all ages and people. She usually buys her merchandise in the town of Estación Central because they know her and they give her the merchandise at a low cost, which is convenient economically.

With the loan she will buy more children's clothing and different models and styles of vests.

Heny lives with her father, daughter-in-law, granddaughter, and her six children, ages 8, 10, 12, 14, 18, and 21, who are all in school. Her dreams are to get her own house where she can live with all her children and keep the warmth of her home that she has had with them up to now.

Heny is very happy and grateful for the loan and services provided by Fondo Esperanza. She also comments that she feels very comfortable with the meetings and the communal bank group because there is generosity and unity.

San Bernardo is a city located 18 kilometers directly south of the Plaza de Armas of Santiago (the capital of Chile). It's known as the folklore capital because the International Festival of Folklore is held there every January, an event in which the country's roots are highlighted and musical groups from all over South America get together. There is also the Festival of Traditional Arts and Crafts, attended by artisans from Chile and nearby countries. Later, in April, there is Abril Cuecas Mil [April, A Thousand Cuecas], an event in which the whole community dances the cueca (a traditional Chilean dance).

In this group: Heny, Alex, Rolando, Carla, Celeste, Marcela, Sandra, Betty, Daniza, Viviana, Marcia, Gaston, Natalia, Maria, Sujey, Luis, Ricardo, Rodrigo, Jocelyn

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Translated from Spanish by Kiva volunteer Catharine Wall

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