A loan of $3,150 helped a member to buy doughnuts to stock up her inventory.

La Maquina Del Esfuerzo Group's story

“La maquina del Esfuerzo” (The Efforts Machine) is a Communal Bank composed of 16 entrepreneurs who engage in different activities, such as running a bazaar, selling bangs, running a cake shop, selling birthday and christening items, selling products for babies, selling lingerie, running a hairdresser’s shop, selling empanadas (meat pies) and providing general services. They all live in the community of San Bernardo, located in the town of Santiago.
Nelly is the secretary of the Communal Bank; in the picture she is the first person standing from left to right, she wears a light blue T-shirt and a lilac vest and she wears her dark hair down.
Nelly has been selling berlines for 2 years (berlines are a Chilean doughnuts sold especially during the winter, consisting in a spongy dough fried in oil or cooked in the oven and filled with custard cream, dulce de leche and jam). She says she sells her doughnuts in the fair on Saturdays and Sunday, working together with her husband and setting their working hours according to her availability.
She buys the doughnuts in a bakery that sells them at wholesale prices: it is economically good for her as she can profit from their low prices because she is known in the bakery.
The loan she is requesting will be invested in the purchase of doughnuts to stock up her inventory.
One of Nelly’s dreams is to own an established locale in the fair where to sell toys as well as her doughnuts in a more comfortable environment for her customers; this would help her increase her income in order to reach a better standard of living.
Nelly lives with her husband and their four children aged 15, 11, 6 and 4. Her personal and professional dreams include keeping on progressing on a daily basis and succeeding in earning a better income in order to offer the best to her children and to pay for their education.
She is very happy about and feels deeply grateful to the chance she has been offered by Fondo Esperanza as this will allow her in to invest in her activity. She says that the seminars have been crucial both for her activity and for her personal growth, as she has learned how to better organize and distribute her income and investments.
San Bernardo is a city that is located 18 kilometers due south from the Plaza de Armas in Santiago (the Chilean capital). It is known as the folklore capital since the International Folklore Festival is held there every January. This event highlights the various ethnic groups of the country and musical groups from all over South America gather there. Chilean artisans, as well as those from other countries nearby, also participate in the Traditional Craft Fair. In the month of April, an event called "Abril Cuecas Mil" celebrates the "cueca" (a traditional Chilean dance) throughout the entire community.

In this group: Nelly, Maria, Stephanie, Alma, Gloria, Nidia, Maria, Carlos, Nivaldo, Orlando, Nicolas, Ana, Denisse, Alejandro, Jose, Pamela

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Translated from Spanish by Kiva volunteer Emanuela Villa

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