A loan of $3,925 helped a member to buy kites, toys and underwear.

Emprendedoras Presente Group's story

This communal bank is called “Emprendedoras Presentes” (Present Entrepreneurs). It has 20 members who carry out a variety of lines of work among which we have dried fruit sales, clothing sales, shampoo and cream sales, store, animal feed sales, pastry shop, interior and exterior plant sales, street merchant, chlorine bleach and dishwashing soap sales, tango classes and services, among others. All are from Renca Commune located in the city of Santiago.

Cecilia is communal bank president. In the photo she is standing in the second row, third from left to right, wearing a black blouse with a brown vest over it; her hair is dark brown and she wears it gathered up.

She works selling miscellaneous, seasonal merchandise like clothes, toys, floral decoration and kites. She’s been in business 13 years. She comments that she works afternoons and arranges her schedule to fit her availability. She buys her merchandise from suppliers and liquidators at low cost which is an economic advantage. She will use the loan to buy kites, toys and underwear. Her business goal is to continue growing to increase income and provide wellbeing for her family.

Cecilia lives with her husband who works in construction as a welder and with her 3-year-old daughter. Her dream at the family level is to finish building her house since it always has something still to do.

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 her communal bank, she comments that there is good communication. On the other hand, the training has been useful for her to learn new sales strategies and bookkeeping.

Renca is a commune located in northwest Santiago (Capital of Chile) metropolitan region. It’s a commune with a strong community work among which the community television station “Renca TV” stands out. It was created in order to promote the commune’s cultural and artistic activities.

In this group: Cecilia, Stephanie, Carolina, Julio, Gloria, Hector, Grace, Graciela, Ada, Marta, Berta, Daniela, Francisca, Dangely, Aida, Marta, Gisela, Jeanette, Francis, Estela
*not pictured

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Translated from Spanish by Kiva volunteer Polliz

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