A loan of $2,725 helped a member to buy supplies for her business.

El Esfuerzo Unido Group's story

In the El Esfuerzo Unido [United Effort] Communal Bank, which is located in Concepción, in the VIII region of Chile, there are various businesses such as: used clothing sales, food sales, and sales in markets. One of the group members is Marcela, who appears in the right of the photo in the black leather jacket, standing between two men. She sells used clothing and other items in a market. She started her business about six years ago, and she did so because one day she went with her parents to sell and she really enjoyed the atmosphere. She tells us that she has not had any major problems with her business. However, she says that when the earthquake struck in 2010 she had had an established business, but it was ransacked and she lost a lot of merchandise, which left her greatly affected.
She will use this loan to buy more merchandise for her business, so that she can save up money and firmly establish her business. She hopes that this new cycle will go very well for her. What she has always most enjoyed about working with Fondo Esperanza is that they trust and help people.

In this group: Jessica Alejandra, Manuel, Carolina Petronila, Raúl Ignacio, Clodomiro Tomás, Marco Antonio, Patricia Andrea, Valeria Alejandra, Marcela Pilar, Sandra Yamilett, Jacqueline Del Carmen, Nelda Irene, Angélica Del Carmen, Carla Andrea, Veronica Carmen, Virginia Del Carmen, Marta Elena, Mirna Cecilia

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Translated from Spanish by Kiva volunteer Christine Cooper

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