A loan of $4,525 helped a member to buy women's winter clothes to stock her business.

Newen Pu Domo Group's story

This communal bank is called “Newen pu Domo”. It is made up of 18 entrepeneurs who work in different areas. Among them are selling firewood, selling clothes, a small store, selling clothes, pastry making, selling flowers, selling jewelry, selling car parts, and service, among others. All of them belong to the city of Temuco.

Yasna, the president of the communal bank group. In the photo, she is seated thrd from the right. She is wearing a oink t-shirt and her hair is light brown and loose.
She has worked selling gambling games and packaging for 7 years. She says that she works with her mother, since she has a flower shop in the same place where Yasna has her business. She works Monday to Sunday and her hours are according to her availability.

The merchandise she needs she buys from supermarkets and distributors. Other times she buys it from the city of Santiago at a low cost, so it is financially convenient. With the loan, she will buy women's winter clothing to stock her business.

One of Yasna's goals is to keep growing and be able to stock her business with other provisions to generate more income as well as have a better quality of life. Yasna lives with her husband and 2 daughters, aged 11 and 3. Her dream on a personal level is to finish college. On a professional level, it is to keep generating income. since she needs to have more resources for her home and a good education. She is very happy and grateful for the opportunity offered by the Fondo Esperanza, since it allowed her to invest in her business. In regards to the communal bank she belongs to, she remarks that it is very close. The trainings have also served her to learn new sales and accounting strategies.

Temuco is the capital of the Araucanía region. The city is located 670 kilometers south of Santiago ( the capital of Chile). Surrounding it is a series of lake beaches (Pucón, Villarrica) and very beautiful flora and fauna in the nearby nature parks. It is worth noting that in this region lives 50% of the Mapuches, an existing indigenous people of our country.

In this group: Yasna, Carmen, Janett, Clara, Veronica, Maria, Ximena, Marcela, Jacqueline, Robertina, Carolina, Patricia, Erwin, Graciela, Karina, Isabel, Juana, Guissel

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Translated from Spanish by Kiva volunteer Ellen Donohue

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