A loan of $5,650 helped a member to buy sweets, delicacies, coconut, flour and butter for her sweets and cakes.

2012 Group's story

This communal bank is called “2012” and is made up of 21 entrepreneurs who work in different areas, among whom are market traders, podiatrist, jewelry seller, manufacturer, clothing seller and service workers among others. All live in the city of Chillan.

Makarena is a member of the communal bank who is standing in the first row, second from left, dressed in blue jeans and a black jacket, with a white scarf around her neck, carrying a black bag over her shoulder, with black hair handing loose.

She has been producing a product, specifically sweets and cakes, for the past 3 months. She works at home 3 times a week and she organizes her work schedule according to her availability because she sometimes goes to her customers’ homes.

The merchandise and supplies she needs, she buys at supermarkets and stores where they sell ingredients at low cost since that is most economically feasible. With the loan she will buy sweets, delicacies, coconut, flour, butter.

One of Makarena’s goals is for her business to continue growing so she can continue attracting customers and thus aim for a better quality of life.

Makarena lives with her parents. Her dreams regarding work are to become a great small business woman and grow professionally. She is very happy and grateful for the support and opportunity provided by Fondo Esperanza because it will enable her to invest in her business. She notes that the training workshops have been fundamental for her business and also for her personal development because she has learned to organize and better allocate her income and investments.

Chillán is a community in south-central Chile. Its name means “Seat of the Sun” in Mapudungun, the language of the indigenous Mapuche people. Chillán is also known as “The Cradle of the Nation” and “Land of Artists” because many leading figures in Chilean history were born here, such as the famous pianist Claudio Arrau.

In this group: Makarena, Alejandra, Yohana, Ana Maria, Lucy, Jeannette, Yesenia, Jose, Maciel, Barbara, Bruno, Mayeli, Margot, Arline, Reinaldo, Jacqueline, Jose, Ricardo, Pablo, Sandra, Karin

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Translated from Spanish by Kiva volunteer Diane Chaney

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