A loan of $3,450 helped a member to buy flour, oil, yeast, raisins, and spices.


Santiago Bueras Group's story

This Communal Bank is called "Santiago Bueras" and consists of 19 entrepreneurs who engage in the retail trade. More specifically, they sell items such as clothing, perfumes, natural products, "pan amasado" (Chilean kneaded bread), handsewn clothing, groceries, handicrafts, as well as provide services and other amenities. All of the members are from the community of Peñalolén, which is located in the city of Santiago.

Juan is a member of the Communal Bank group. In the photo, he is standing in the last row in the third position from right to left. He is seen wearing a blue pullover and his hair is cut short. Juan has been selling empanadas, bread, and pastries for the past five months. He says that he works every day from 8am to 8pm. His products are offered at his brother's business. The supplies and ingredients that he needs are purchased from different distributors and supermarkets at low cost, which is convenient for him financially. His loan will be used to buy flour, oil, yeast, raisins, and condiments for preparing empanadas and pastries. One of his goals is to continue his business in order to generate more income. This will enable him to have a better quality of life.

Juan lives with his brother who helps sell the pastries by offering them in his shop. His dreams are to grow as a micro-entrepreneur and to have a shop of his own. Juan is pleased with and appreciative of the opportunity Fondo Esperanza has provided by giving him a loan to invest in his business. In addition, he feels comfortable with his Communal Bank group and is determined to continue participating in the organization. He says that the training classes conducted during the meetings have helped him to do a better job of investing in his business.

Peñalolén is located west of the Metropolitana region. There are various attractions such as vineyards, historical buildings, and natural excursion sites. These elements have transformed this community into one of the newest tourist destinations in the Metropolitana region.

In this group: Juan, Romy, Pablo, Marcelo, Lilian, Salome, Roxana, Iris, Agustina, Valeska, Gladys, Gloria, Rosa, Yolanda, Tatiana, Loreto, Milagros, Jessica, Jaime

Translated from Spanish by Kiva volunteer



Loan details


Lenders and lending teams



Loan details