A loan of $3,500 helped a member to buy potatoes, ketchup, mustard, mayonnaise, oil and gas.

Villa Huequen Group's story

The Villa Huequen communal bank has 17 entrepreneurs who are in business, specifically selling clothes, firewood, groceries, fast food, fruit, pastries, bread, offering services, etc, All of the members are from Angol. Rosa, a member in the communal bank, is shown seated in the first row, the first place going from left to right in the photo. She is dressed in a burgundy colored jacket, wearing rings, and she has brown hair pulled back.
She has sold fast food for the past 5 years. She says that she works with a cart outside her house and her brother helps her with the sales. She works every afternoon.

She buys her supplies from the supermarkets and distributors at a low cost which helps her expenses.
She will use the loan to buy potatoes, ketchup, mustard, mayonnaise, oil and gas.
One of Rosa's goals is to keep growing her business to be able to buy a fryer that she doesn't have in her cart.
Rosa lives with her two daughters, 4 and 14. Her dreams are to have the possibility of installing a stand in her own house so that she can have a better quality of life.

She is very happy and thankful for the opportunity offered her by Fondo Esperanza since they have allowed her to invest in the business. Besides, she feels very comfortable in the company of the other members of the communal bank since they share different activities, and interests that have served her as distractions. The trainings given in the meetings have taught her to better manage her business.

Angol is located 128 kilometers northwest of Temuco (the capital of the ninth region) and 608 kilometers to the south of Santiago (the capital of Chile). Its name means climbing on all fours in Mapadungum (the language of the Mapuche). Its residents work mainly in farming and fish production, an area that has currently become more relevant, particulary connected to fruit and plant growing.

In this group: Rosa, Carmen, Christian, Barbara, Lidia, Glenda, Leoncio, Katherine, Luis, Alberto, Edith, Ruben, Dagoberto, Ema, Elizabeth, Juan, Elias

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Translated from Spanish by Kiva volunteer Miriam Palacio

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