A loan of $4,550 helped a member to buy glasses, napkins, pitchers, kebab sets and sticks for skewers.

El Remolino Group's story

The communal bank called “El Remolino” is made up of 20 entrepreneurs who are engaged in different business, among which are sales of clothing, lingerie, novelty items, a parcels service, sales of perfume, plastic items and services, among others. All belong to Quilicura commune located in the city of Santiago.

Jacqueline is president of the communal bank and is seen in the photo standing in the first row, third from the left, wearing a gray sweater and holding a Fondo Esperanze folder in her hands. Her hair is dark brown and pulled back.

She has sold novelty items for three months. She notes that she works in a stall at the market on Fridays, Saturdays and Sundays and organizes the rest of her schedule according to convenience. She buys the merchandise and supplies she needs from distributers and stores where she finds various articles, such as perfume, creams, mugs, wristbands and socks at low cost, so that it is economically feasible.

She will use the loan to buy glasses, knives, napkins, pitchers, kebab sets and sticks for skewers. One of Jacqueline’s goals is to continue with her business and to have more merchandise and expand a little so as to generate higher earnings and thus have a better quality of life.

Jacqueline lives with her husband and three children, a 10 year-old and 9 year-old twins. She dreams of having a larger and well stocked shop in order to continue attracting more customers. She is very pleased and grateful for the opportunity provided by Fondo Esperanza because it enables her to invest in her business. She notes that the training workshops have been essential for her business and also for her personal development because she has learned how to organize and better allocate her income and investments.

Quilicura is a commune belonging to Santiago, the capital of Chile and located in the far northeast part of the metropolitan area. The origin of the name of the commune comes from Mapudungun (the language of the Mapuche): “kila,” which means “three” and “kura,” which means “stone,” so that the name Quilicura means “Three Rocks.” This is the name given by the first inhabitants of this valley in reference to the three hills which are perfectly visible and which delimit the commune.

In this group: Jacqueline, Luis, Rosa, Edith, William, Katherine, Claudia, Oscar, Laura, Claudia, Solange, Karen, Claudia, Jacqueline, Catherine, Paola, Nancy, Pamela, Maria, Rosa
*not pictured

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Translated from Spanish by Kiva volunteer Diane Chaney

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