A loan of $5,000 helped a member to buy essences and glass for making perfumes.

Bordemar Group's story

“Bordemar” is a Communal Bank that is located in the municipality of Castro in Chiloé Province, which is located in Region X in Chile. The members engage in different businesses such as selling traditional food, making woven items for others, selling new clothes made of wool, raising livestock, growing flowers, operating mini-markets, and operating a perfume shop.

Melisa has a perfume shop. She is the Communal Bank member who is fair-skinned and seated below the two women wearing red jackets. Melisa started her business three years ago by asking different perfume companies to send her samples. She also requested help with the chemicals she needed to create her own fragrance. Melisa has never experienced problems with her business, so she is very pleased.

She will use this loan to buy more essences and glass. Melisa is happy because she knows she will experience a good loan cycle since she expects to do very well with her sales. What she enjoys most about working with Fondo Esperanza is the unconditional support she has received. She is also able to learn about different trades and receive mutual support from her group. As a result, all of the members are able to help one another move forward.

In this group: Luis Alberto, Silvia Margot, Mauricio Alejandro, Ana Cecilia, Maria Doraliza, Melisa Karin, Juana Rosa, Eva Maria, Antonio Fernando, Natali Beatris, Andrea Paola, Bernardino Segundo, Berta Magriela, Lea Soledad, Dina Del Carmen, Nadia Margot, Olga Margot

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Translated from Spanish by Kiva volunteer Ronan Reodica

Loan details

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Loan details