A loan of $4,275 helped a member buy merchandise and ingredients for making pastries.

Montserrat Group's story

This group, called “Montserrat”, is composed of 19 members whose principal businesses are selling clothing and food. They live in the city of Puerto Montt, in southern Chile.

Maria Alejandra, in the photo the 3rd from right to left, wearing the short-sleeved jacket with black flowers, has for the last 10 years made and sold pastries. First, she learned from her family, then took courses in baking pastries and banquet preparation. Maria Alejandrina works from home and in market fairs. She advertises her products by flyers and on the internet. She buys her ingredients in wholesale supply stores. Maria Alejandra will use her loan to purchase ingredients such as flour, eggs, sugar, flavorings, etc.

Her dream is to expand her business and to have a coffee shop. What motivates her to continue in business is to have security that she can count on, with the help of Fondo Esperanza through loans and advice. Maria Alejandra is married and has a 19-year-old daughter who studies in the university.

Maria tells us that what she likes most about Fondo Esperanza is its good ambients, cordiality, good treatment, and the good relations that exist there.

Puerto Montt is a city in the south of Chile, located in region of Los Lagos. One of the attractions of Puerto Montt is its beautiful green landscapes, its little-frequented beaches, its gastronomy and especially its reputation for fish and seafood, and its artisan crafts. It is also the port of entry to the Isla Grande de Chiloe, rich in traditions and legends.

In this group: Maria Alejandra , Reina Natalia , Gladys Veronica, Rosa Del Carmen, Teresa De Lourdes, Sandra Edith, Monica Cristina, Fabiola Alejandra, Marta Alicia, Maria Haydee , Maria Teresa, Gloria Magali, Patricia Veronica , Pamela Del Carmen , Justina Jacqueline, Pamela Margaret, Maryory Soledad, Patricia Natali, Mirsa Faviola

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Translated from Spanish by Kiva volunteer Harold Dana Sims, PhD

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