Funded

Total loan: $5,450
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Agua De Coihue Group

Chile
Chillán, Chile / General Store

A loan of $5,450 helped a member to buy t-shirts, shorts, leggings, perfumes, makeup, rings, belts, and bracelets.


Agua De Coihue Group's story

The group called “Agua de Coihue” is made up of 20 entrepreneurers that are dedicated to different areas, among which are textiles, crafts, a bazaar, selling food, hairdressing, and others. All of them live in the city of Chillan.

Lidia, president of the group, is standing fourth from the left in the photo and is wearing a black t-shirt. Her hair is dark brown and she is wearing it loose. She has been dedicated to the sale of clothing, cosmetics and accessories for the past year. She says that she works at home and offers her merchandise to her neighbors. She offers a wide variety of products such as bracelets, rings, makeup, perfumes, sweaters, shirts, anything her clients request.

She needs to buy merchandise in the city of Concepción, as it is more economical because she will find a variety of clothing and accessories at a low cost. With this loan she will buy t-shirts, shorts, leggings, makeup, rings, belts, and bracelets.

One of Lidia's goals is to have a boutique to serve her clientele in an orderly fashion and be able to show all of her merchandise to her clients. This will generate more income. She wants to enlarge her house for her disabled mother.

Lidia lives with her parents. Her personal dream is to pay for her studies and to have a career. For her parents, she wants them to lack nothing. She is very grateful and glad for the help provided by Fondo Esperanza (Hope Fund) to invest in her business. She also feels very comfortable with the group since they have good communication.

Chillán is a commune in the south central zone of Chile. Its name means "chair of the sun" in mapudungun, the language of the Mapuche Indians. Chillán is known as “Cuna de la Patria” (Cradle of the Homeland) or “Tierra de Artistas” (Land of the Artists), since the city is the birthplace of prominent figures in Chilean history, for example the pianist Claudio Arrau.

In this group: Lidia, Ninoska, Katherine, Daisy, Ruth, Blanca, Rosa, Nilza, Monica, Jeannette, Magdalena, Maria, Bernardita, Jermman, Mireya, Dorca, Karina, Miriam, Maria, Graciela
*not pictured

Translator profile picture

Translated from Spanish by Kiva volunteer SUZANNE FORD



Loan details

Loan length:

6 months
Disbursed date: December 7, 2012
Facilitated by Field Partner: Fondo Esperanza

Lenders and lending teams



Loan details

Loan length:

6 months
Disbursed date: December 7, 2012
Facilitated by Field Partner: Fondo Esperanza