A loan of $7,050 helped a member to buy women's lingerie.

Pemuco Crece Contigo Group's story

This communal bank is called “Pemuco Crece Contigo” (Pemuco Grows with You) and it has 19 members who carry out various lines of work. Among them are: fruit and vegetable sales, assorted salad sales, clothing sales, pastry sales, weaving, barber shop and services, among others. All of them are from the city of Chillán.

María is a communal bank member and in the photo appears standing in the front row, fourth from right to left, wearing a green jacket; her hair is dark brown and she wears it loose.

She has been selling lingerie for the last three years. She comments that she works at home three or four times per week and sets her schedule according to her availability. She buys merchandise as needed in Santiago because of the wider variety available and the low prices which is economically advantageous for her. She will use the loan to buy various styles and sizes of women’s lingerie.

One of María’s goals is to surge forward and to grow with her business and perhaps be able to add a locale at home to set up her store so that she can tend to customers more comfortably. María lives alone at present. Her dream for work is to grow and to sell much more and capture a larger clientele; on the personal level she hopes to complete a weight reduction program and to be able to have a child.

She is very happy and grateful for the opportunity Fondo Esperanza has given her because it’s made it possible for her to invest in her business. She also feels very comfortable in company of the other entrepreneurs in the communal bank because they share different activities and interests which has served as a moment of enjoyment for her. With respect to the training provided, she’s learned how to manage her business better.

Chillán is a commune in south Chile. Its name means “Chair of the Sun” in Mapudungun, the language of the indigenous Mapuche people. Chillán is known as the “Cradle of the Fatherland” or “Land of Artists” because distinguished personages in Chilean history, like the famous pianist Claudio Arrau, were born here.

In this group: Maria, Irma, Ismenia, Ximena, Doris, Johanna, Carolina, Nolia, Julisa, Susana, Rossana, Maria, Myriam, Rebeca, Rosa, Orfelina, Rosa, Marisol, Violeta

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Translated from Spanish by Kiva volunteer Polliz

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