A loan of $3,600 helped a member to buy beverages, meat and sausages.

Construyendo Sueños Con Esperanza Group's story

This communal bank is called “Construyendo Sueños con Esperanza” (Building Dreams with Hope). It has 21 members who are in a variety of lines of work among which are vegetable sales, clothing sales, fast-food sales, crafts, salad sales and services, among others. They are all from the Casablanca Commune located in the city of Valparaíso.

María is a member of this communal bank and in the photo appears seated in the first row, second from right to left, wearing a brown jacket and a light brown scarf tied around her neck. She’s carrying a Fondo Esperanza folder in her hands and has a black purse on her lap.

She sells fast-food, specifically ‘churrascos’ [grilled meat], lunches, ’chorrillana’ [a bed of French fries topped with a layer of fried onions with scrambled eggs, and on top is sautéed beef and served with a side of pebre sauce] and turnovers, among others. She’s been in business nine years. She comments that her husband and her son help her with the work. She works Monday through Sunday from 10 until 2 in the morning. She buys the merchandise and ingredients she needs in the cities of Valparaíso and Santiago at low-cost suppliers which is convenient economically. She will use the loan to buy beverages, meat and sausages.

One of María’s goals is to continue growing with her business in order to generate higher income as well as to have a better quality of life. María lives with her husband and two children who are 29 and 9 years of age. Her dream is to own a house and to stay in business.

She is very happy and grateful for the opportunity provided by Fondo Esperanza because it will make it possible for her to invest in her business. With respect to the communal bank she’s part of, she comments that it has very good communication.

Casablanca is a commune in Valparaíso Province located in Valparaíso Region. Its climate is Mediterranean with summers of prolonged drought and short but very intense winter rains. The name “Casablanca” comes from the 16th-century when a house with very white walls existed on top of a hill alongside one of the most ancient roads, called “Camino Real de Carreteras.” Its economy is currently based on services, agriculture, transport, agribusiness, tourism and commerce.

In this group: Maria, Katalina, Maria, Alicia, Ruben, Oscar, Jordhan, Gueybbi, Luis, Regina, Fernanda, Nelly, Marisol, Mirtha, Marisol, Neil, Carmen, Maria, Ana, Elisa, Karen

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Translated from Spanish by Kiva volunteer Polliz

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