A loan of $3,100 helped a member to buy women's clothing, accessories like purses and bracelets, and to stock her store.

Mujeres De Familia Group's story

This communal bank is named "Family Women" (Mujeres de Familia), and it is made up of 18 entrepreneurs who are engaged in different economic activities, among which are: cosmetology, sewing, selling carpets, clothes, variety shops, fast food, crafts, services, and others. All the members are from the city of Coronel.

Angelina is a member of the communal bank. She is sitting in the front row and is the first one on the right in the picture, wearing a pink jacket, pants and boots in black, her hair is light brown, and she wears it loose. She has been in the business of sewing clothing for the past four years. She says that she also engages in other work, such as handicrafts, embroidery, selling clothing and accessories for women, and that she works at home sometimes, and sometimes goes door to door offering her merchandise. Her work schedule is varied according to her availability.

The goods and supplies that she needs, she buys in the city of Concepción in Cordonerías, where there are local distributors of handicrafts and accessories at low cost, which makes this economically smart. With her loan, she will buy women's clothing, accessories like handbags, and bracelets, to restock her business. One of Angela's goals is to find a boutique where she could show all her goods neatly arranged for her customers to look at, and to generate more income for a better quality of life.

Angelina lives with her husband and their four children, ages 19, 16, 12 and 4 years old. Their dreams as a family are to grow their business to give a good future to her children and the education they need to become white-collar workers. She is very happy and grateful for the opportunity provided by Fondo Esperanza, which allows her to invest in her business. About the community bank where is a member, says that they have very good communication in their group. Furthermore, she says that their trainings have helped her learn new sales strategies and accounting.

Coronel is a community located in the south of Chile, near the city of Concepción, Biobío Region. It has an economy based on services, forest harvesting, and agriculture. It also has a strong history in coal mining, an activity that is not currently performed, but which was exemplified by the coal mine "Chiflón Puchoco," which is now a mining museum.

In this group: Angelina, Nadia, Yeanitza, Fabiola, Judith, Victoria, Carla, Cynthia, Maria Teresa, Irma, Lorena, Yessica, Claudia, Flor, Sandra, Karin, Pamela, Nathalie

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Translated from Spanish by Kiva volunteer Elizabeth Mount

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