A loan of $3,350 helped a member to purchase only supplies.


Santa Teresita Group's story

This communal bank is named "Santa Teresita" and it's comprised of 15 entrepreneurs. They're in various lines of work, such as sewing, owning a sales stall, selling clothing, selling salads, cleaning products, selling cosmetics, providing services, etc. All of them belong to the township of Quilicura, located in the city of Santiago.
Claudia is a member of the communal bank. In the photograph she's sitting in the front row, the first one from the left. She's wearing a black vest and black trousers, and she wears her dark brown hair down. She has her little niece sitting on her legs.
She's been in the weaving business for a year, specifically curtains, tablecloths and sheets. She reports that she works from home, Monday through Sunday, and sometimes she gets help from her daughter. She mentions that she learned to sew on her own.
She buys the materials she needs for weaving her sheets and curtains in the township of Independencia. The town is known for selling supplies both by wholesale and retail, at various quality levels and low prices, so it's financially convenient.
With the loan she'll purchase only supplies.
One of Claudia's goals is to stay in the weaving business and take some classes in order to hone her skills. Therefore she'll increase her profits and provide good living conditions for her children.
Claudia lives with her husband, two children aged 12 and 24, and a little niece. Career-wise, her dream is to enlarge a room she has in her house. That way she'll put her machines there and she'll tend to her customers more easily.
She's very glad and grateful for the opportunity she's getting from Fondo Esperanza, because it will allow her to invest in her business. She reports that the training courses have been crucial for her business and also for her personal edification, since she's learned how to better organize and distribute her earnings and investments. As for the communal bank she's in, she feels very comfortable since they're close-knit and there's respect.
Quilicura is a township that belongs to Santiago, capital of Chile, located in the far northwest of the metropolitan area. The town's name comes from the mapudungun (mapuche language) words "kila", which means "three", and "kura", which means "rock"; one can infer that the name Quilicura amounts to "three rocks". This name was given by the first inhabitants of this valley, as a reference to the three hills that are perfectly visible and define the township.

In this group: Claudia, Lina, Diana, Susan, Tamara, Transita, Patricia, Miriam, Leslie, Maria Angelica, Lloy Alejandra, Andres, Daniela, Julia, Rita

Translated from Spanish by Kiva volunteer Renata Wolff



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