A loan of $3,825 helped a member to buy sunglasses and Halloween items.

La Gavilla Group's story

This communal bank called "La Gavilla" is made up of 17 enterprisers who make a living in different fields among which one can find market-place vendors, bakeries, dressmaking, sales of plastic accessories and various items for the home, fast food sales, and services, among others. All of the members belong to the town of San Bernardo, located in the city of Santiago.

Nataly, a member of the communal bank, can be found sitting in the first row of the photo in the first place from right to left wearing blue pants and a pink jacket. Her hair is long, worn down, and dark brown. She has made a living by selling clothing, sunglasses, and sandals (according to the season) for a year. She says that she works in the free fairs from Tuesday to Sunday and she arranges her schedule according to her availability. The merchandise that she needs to sell in the free fairs she buys from distributors and importers where she finds the items at low cost, thus financially agreeable.

She will buy sunglasses and Halloween items with the loan.

Her business goals are to have a shop in order to be more contented with her merchandise and to tend to her customers more comfortably, and to stock up on more items that the same customers have requested. Nataly lives together with her mother and her small 6-year-old daughter who is in school. Her work-related dream is to have her own shop, and her personal dream is to have more resources in the home since her daughter is growing up and the need to give her a good life increases. She is very happy and grateful for the opportunity offered to her by Fondo Esperanza since it will allow her to invest in her business. In respect to the communal bank group that she is a part of, she says that there is very good communication. On the other hand, the training has helped her to learn new sales and accounting strategies.

San Bernardo is a city located 19 km in a straight line south of La Plaza de Armas in Santiago (the capital of Chile). It is known as the capital of folklore due to the fact that each year in January it puts on the International Festival of Folklore, an event in which the roots of the country meet and musical groups from all of South America get together. There is also the Traditional Crafts Fair in which as many Chilean artists participate as those from other nearby countries. Then in April there is the event "Abril cuecas Mil" which consists of dancing the "cueca" (a traditional Chilean dance) throughout the entire town.

In this group: Nataly, Maria Elena, Luz, Margot, Nancy, Elizabeth, Teresa, Cristian, Sandra, Ana, Carolina, Felipe, Barbara, America, Fabiola, Berta, Andrea

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Translated from Spanish by Kiva volunteer Stephanie Sawyer

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