A loan of $3,175 helped a member to buy clothes of all styles and sizes.


Las Brujitas Group's story

The communal bank "Las Brujitas" consists of 15 entrepreneurs who are engaged to different lines of work, among which are selling used clothes, sewing workshops, boutiques, selling fabrics, selling cakes, bazaar, selling perfumes, selling cuchuflis [a snack made with caramel], maintaining candy machines in schools, selling surgical steel jewelry, varied kiosks, and other services. All the members live in the city of Osorno.

Teresa is the President of the Communal Bank's group. In the picture, she is standing in the front row, being the fifth person from right to left. She is wearing a red blouse with rouses, and on top of it she is wearing a black jacket and pants of the same color. Her hair is dark brown and wears it loose.

She is engaged in selling used clothes. She has been in the business for three years. She says that works Monday to Sunday with a friend. Teresa occupies part of the premises for her sales, and she distributes her schedule depending on her availability. She buys the merchandise she needs in Santiago and in Osorno in distribution centers and low cost warehouses, thus it's convenient economically.

With the loan she will buy clothes of all models and sizes. Teresa's goals are to become independent with her business so she can work more calm and generate more income to achieve a higher quality of life. Teresa lives with her son, who is 14 years old and who is studying. Her dreams at a family, personal and professional level are to have the basic things of life such as health and work. Also, she wants to have enough for the studies of her son and that her son feels good.

She is very happy and grateful for the opportunity that Fondo Esperanza gave her to invest in her business. Also, she feels very comfortable with the other entrepreneurs of the Communal Bank group, because they share varied activities and interests, time that is also used for a moment of entertainment. Regarding the training given at group meetings, she learned how to manage her business better.

Osorno is a city located in the southern region of Chile, in Los Lagos region. It is an important agricultural center that is called as "La Patria de la Leche y Tierra de la Carne" [The Homeland of Milk and Meat]. Among its agricultural activities, the most important are wheat and oats, cattle breeding for the meat and milk, in addition to manufacturing of agricultural equipment. Osorno is known for the only football stadium in Chile covered with a roof, the Municipal Stadium "Rubén Marcos".

In this group: Teresa, Silvana, Jorge, Elizabeth, Orieta, Patricia, Susana, Jenny, Sandra, Paula, Ximena, Marisol, Ana, Nohra, Veronica

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Translated from Spanish by Kiva volunteer Elisabet Falgueras



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