A loan of $2,750 helped a member to buy fabric and lace.

Candelaria Group's story

María belongs to the Candelaria communal bank located in the Concepción VIII region of Chile. She is in the middle of this photograph, with white skin and blonde hair and a black raincoat with white dots. The members of the bank do different types of work such as selling clothing, vegetables, shower curtains, and cushions. María has a business making and selling shower curtains, school uniforms, cushions, and tablecloths. She learned the work at a technical high school, from which she graduated approximately 30 years ago, and she has also worked at different tailoring businesses. What has given her business the most trouble is the lack of money to keep it going. She hopes to be able to use the loan to buy supplies for her work, which are thread, fabric, and lace. She hopes that it goes very well for her, since despite not having money to buy the supplies, many people have ordered from her and she is only waiting to have the money to start. What she has liked most about being able to participate in Fondo Esperanza is the fact that they have an excellent communal bank advisor who is a very kind person who cares about all the people in the communal bank, as well as having a very good group of people.

In this group: Elizabeth Genoveva, Mónica Ester, Gisela Viviana, Maria Eugenia, Karen Eugenia, Jocelyn Scarleth, Karen Carolina, María Isabel, Haydee Del Transito, Carolina Carmen, Ximena Del Rocio, Judith Del Carmen, Doris Andrea, Maria Liduvina, Liduvina Paola, Carolina Andrea, María Magdalena, Maria Isabel

Translated from Spanish by Kiva volunteer Karen Monat

Loan details

Lenders and lending teams

Loan details