A loan of $3,400 helped a member to buy goods and make improvements to his food cart.

Tabita Manassette Group's story

Rubén, who's shown in the photograph in the wheelchair, belongs to the communal bank "Tabita Manassette," which is located in Villaricca in the Araucanía Region of Chile. There are a lot of different lines of work in this communal bank; some which stand out are vegetable selling, new and used clothing selling, candy selling, welding, and dressmaking. Rubén sells peanuts; he is an advertiser, but he never managed to find work in his profession, and the thought of selling peanuts occurred to him as a great idea. He began three years ago with a fund of $12,000 pesos; today he now has three food carts, which fills him with pride and happiness because he also is able to provide employment for other people. He had to confront the lack of money as a large problem; however, he always has thought about marketing well. He has hats and t-shirts that bear the mark of his food carts. The money that he is applying for is to buy goods and also to make repairs to one of his carts. He looks forward to this loan cycle going very well for him. He tells us that he likes to work with Fondo Esperanza very much because of the fact that they don't request so much paperwork.

In this group: Noelia Jeannette, Damaris Ivett, Viviana Del Carmen, Gladys Del Carmen, Gladys Elizabeth, Olga Elisa, Ruben Alejandro, Jairo Andres, Ilia Ines, Iris Del Carmen, Lilian Evelin, María Nela, Victor Hugo, Katerine Andrea, Pascuala De Las Mercedes

Translated from Spanish by Kiva volunteer Jeremy Orloski

Loan details

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Loan details