A loan of $3,025 helped a member to buy flour, eggs, cooking oils, butter, and decorations to make her cakes.


Weichafe Ruka Group's story

This communal bank is named “Weichafe Ruka” (Home of the Warrior). It is comprised of 17 entrepreneurs who devote themselves to different fields of work. Among them you can find selling firewood, baking, selling perfumes, selling 'pan amasado' (a type of Chilean bread), selling charcoal, selling clothes, and services, among others. All of them are from the city of Angol.

Elizabeth is the president of the communal bank. She can be seen kneeling in the photo, and she is wearing a black shirt with white letters. Her hair is black, and she wears it pulled back. She devotes herself to baking. Specifically, she has been making cakes and pastries for four years. She says that her mother helps her work from Mondays through Fridays. She makes her work schedule according to her availability because his daughter is little. She buys her merchandise at different supermarkets in the city and at cake pan distributors.

She will use the loan to buy flour, eggs, cooking oils, butter, and decorations to make her cakes. One of Elizabeth’s goals in her business is to have the opportunity to set up a spacious area in her own house where she could tend to her customers.

Elizabeth lives with her parents and her nine month old daughter. Her dream, on a work level, is to set up a suitable place to sell cakes and pastries. She wants to do this in order to generate greater income and adopt a better quality of life for her family.

She is very happy and grateful for the opportunity given to her by Fondo Esperanza. The loan will allow her to invest in her business. Also, she feels comfortable with her communal bank, which motivates her to continue participating in the institution. She says that in addition to the trainings, they have been useful to her in investing better in her business.

Angol is located 128 kilometers to the northeast of Temuco (capital of the ninth region) and 608 kilometers to the south of Santiago (capital of Chile). In Mapudungun (language of the Mapuche pueblo) its name means “Climb Up”. Its inhabitants are vigorously devoted to farming and forestry. These areas have currently taken on importance, especially those involving fruit and vegetable production.

In this group: Elizabeth, Silvia, America, Nancy, Mary, Viviana, Emilia, Elizabeth , Nelly, Luz, Gester, Ingrid, Jose , Elvira, Carlos, Rene, Juan
*not pictured

Translated from Spanish by Kiva volunteer Ginny Kalish



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