Funded

Total loan: $4,750
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Inversion Group


A loan of $4,750 helped a member to buy storybooks, notebooks, colored pencils, various decorations, socks, scarves, calendars, gift bags and canvas sneakers, among other items.


Inversion Group's story

This community bank called “Inversion” [Investment] is made up of 20 entrepreneurs who earn a living in different areas including clothing sales, egg sales, sales of juices, ice cream and drinks, underwear sales, sales of vehicle accessories, wood sales, and services, among others. All of the members are residents of the city of Valparaíso.

Maria is a member of the communal bank. In the photo, she is found seated in the first row, in the second place from right to left. She is dressed in blue jeans and a brown jacket with a scarf around her neck and she has a brown purse. Her hair is chestnut colored and she is wearing it down.

She has earned a living selling various goods for the last 40 years. She comments that she used to work door to door and in open air markets, but now she has rented a shop that she will open and she will attend to her customers in the way she has always dreamed of, calmly and satisfying the needs of her customers.

She buys the merchandise and consumables that she needs in the city of Santiago, where she finds a large variety of articles that she offers in her shop at a low cost.

With the loan, she will buy storybooks, notebooks, colored pencils, various decorations, socks, scarves, calendars, gift bags, and canvas sneakers among other items. One of Maria’s goals is to open her shop soon in order to receive her customers and offer them all of her merchandise. What they ask for, she will have.

Maria has a partner, but they live in separate houses. Her dream, on a personal level, is to die peacefully and pain-free, surrounded by her loved ones. On a work level, her dream is to grow with her shop and to be able to help people that need it. She comments that with the sales she makes, for the Christmas season, she will prepare 40 gifts that will be delivered to children with scarce resources that live in the surrounding area.

She feels happy, grateful and excited for the support provided by Fondo Esperanza because it opened a door for her and allowed her to invest in her business and also her personal development as she has learned to organize and distribute her income and investments in a better way.

Valparaiso is located 120 kilometers northeast of Santiago. It is the regional capital and is the seat of the country’s legislature. It is the first port of the nation and it offers a great variety of beautiful and picturesque places like the house of the poet Pablo Neruda, winner of the Nobel Prize, for example.

In this group: Maria, Jessica, Johanna, Natalia, Evelyn, Marjorie, Marcela, Nancy, Valeria, Cristian, Luis, Marcia, Ruth, Maria, Ruth, Pedro, Tamara, Cristian, Maria, Elizabeth
*not pictured

Translator profile picture

Translated from Spanish by Kiva volunteer Mallie Al-Khafaji



Loan details

Loan length:

5 months
Disbursed date: November 13, 2012
Facilitated by Field Partner: Fondo Esperanza

Lenders and lending teams



Loan details

Loan length:

5 months
Disbursed date: November 13, 2012
Facilitated by Field Partner: Fondo Esperanza