A loan of $4,900 helped a member to buy only beer in order to stock up her business.


San Pablo Group's story

This communal bank, named "San Pablo", is made up of 19 entreprenuers who make a living though different fields, among which are: bread sales, a Minimarket, clothing sales, a furniture store, perfume sales, jewelry sales, and services, among others. All of the members belong to the city of Osorno.

Maria, a member of the communal bank, can be found in the photo squatting in the center of the group, wearing a black jacket and blue jeans, with her dark brown hair worn loose and long. She has made a living through Minimarket sales for 25 years. She says that her business is located in a shop near her house, she works every day, sometimes her son helps her when she has to do personal formalities, and her schedule is according to her availability. The merchandise and supplies that she needs she buys from dairy distributors and beverage importers at low cost, therefore they are financially suitable.

With the loan she will buy only beer in order to stock up her store.

One of Maria's goals is to add a bakery to her shop, and with this generate more income for her family. Maria lives with her husband, three children, and a small nephew who is under her care. Her work-related dreams are to continue growing and adding supplies to her business, and her dreams for her family are that they do not lack anything and that they have a good quality of life.

She is very grateful and pleased with the opportunity that Fondo Esperanza has offered her because it allows her to invest in her business. Furthermore, she feels comfortable with the company of the other entrepreneurs in the communal bank since they share different activities and interests, which has also served as a pastime for her. In respect to the skills taught in the meetings, she has learned to manage her business in a better way.

Osorno is a city located in the southern area of Chile, in the Los Lagos region. It is an important farming center that is known as "La Patria de la Leche y Tierra de la Carne" (The Country of Milk and Land of Meat) of Chile. Within its farming acitivity there is an emphasis on the cultivation of wheat and oats, and raising cattle for meat processing and dairy, in addition to the manufacture of farm equipment. What stands out in Osorno is the only covered soccer stadium in Chile, the "Rubén Marcos" Municipal Stadium .

In this group: Maria Ines, Maria Magdalena, Sonia, Olga, Eliana, Maria Constanza, Abel, Maria Del Pilar, Gladys, Mariela, Patricia, Veronica, Yolanda, Flor, Juanita, Claudia, Sara, Marlene, Damian

Translator profile picture

Translated from Spanish by Kiva volunteer Stephanie Sawyer



Loan details


Lenders and lending teams



Loan details