A loan of $4,325 helped a member to buy clothes.

Las Exitosas Group's story

"Las Exitosas" is a communal bank located in the city of Concepción. It is here that we meet Ximena, who, in the photo, is standing on the right, with long, straight dark hair. In this communal bank there are various types of business, including selling new and used clothing, a machine shop, and members selling perfumes, jewellery, bread, creams and make-up. Ximena sells clothes and accessories (such as cigar cases) as well as muscle-relaxing creams and hair products. Ximena quit her job three years ago and was motivated to start working independently. At the time she made a living selling jewellery, make-up, massages and creams for pain relief. She started with $20,000 of capital though she had many problems with payments as, while customers were buying her products, they did not pay immediately and when Ximena later went to collect the payments people had changed address. This was a big problem in the beginning when she was starting out but it still helped her to learn and to strengthen her business little by little. She also has no competition for her business so it is quite secure and since she has started working she has been able to attract clients. Ximena tells us that she will use this loan to buy clothes, thus expanding her business mission which is to do with helping women to feel even more beautiful. Ximena hopes and really wants that the loan will help her to have a good and successful year. She is very grateful to "Fondo Esperanza" for not just providing financial resources but also for being an important help in providing training. "Fondo Esperanza" is always on the lookout to see how they can help people fulfill their dreams.

In this group: Jacqueline Graciela, Olga Del Carmen, Viviana Ester, Irma Ines, Blanca Nieves, Viviana Andrea, Roxana Isabel, Lilia Mildred Del Carmen, Grisol Pollet, Maria Del Carmen, Johanna Karina, Yessica Ivon, Yubistza Scarlete, Ximena Alejandra, Marcela Ivonne, Maria Amalia, Magaly Irene, Viviana Teresa

Translated from Spanish by Kiva volunteer Iain Gaw

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