A loan of $3,325 helped a member to buy school supplies, creams, toys, light bulbs, socks, shampoo and other items for her store.

Mujeres Y Hombres Emprendedores Group's story

This community bank is called 'Mujeres y Hombres Emprendedores' (Entrepreneurial Men and Women) and it is made up of 17 entrepreneurs who all work in different fields including selling goods in the market, selling pizza, selling cakes, selling beauty products, running a store, providing services, etc. They all live in Peñalolén district, in the city of Santiago.

Francisca is the group secretary. In the photo she is crouching down, wearing a gray top with yellow and white stripes. She has long, brown hair and is wearing large, white earrings.

Francisca's business is selling items from a general store. She has been in this business for a month. She says that the store is located in her own home and she works from Monday to Sunday. Her work hours depend on her availability.

Francisca buys her merchandise from different suppliers and supermarkets at low cost which is financially convenient. She will use her loan to buy school supplies, creams, toys, light bulbs, socks, shampoo and a variety of other items for her store. One of her goals as regards her store is to have all kinds of items available so that she can increase her sales, gain more customers and ultimately provide her family with a better quality of life.

Francisca lives together with her husband and their 8-year-old son. Her dream is to have a large store and a lot of customers. She is very happy and grateful for the opportunity she is receiving from Fondo Esperanza because it allows her to invest in her business. She also feels very comfortable in the company of the other entrepreneurs who belong to her community bank because they share business types and interests and it keeps her occupied.

Peñalolén is located to the east of the Metropolitan region. The area has a number of attractions such as vineyards, buildings which are considered heritage sites, and outdoor places where you can go on trips. These elements are turning the district into a new tourist spot within the Metropolitan region.

In this group: Francisca, Fabian, Gloria, Paz Maricarmen, Paz Katia, Carolina, Paula, Paula, Maria, Oriana, Oriana, Jessica, Sol, Marianela, Edith, Erick, Gloria

Translated from Spanish by Kiva volunteer Linda Oxnard

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