Funded

Total loan: $5,650
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Antu Rayen Group

Chile
Valdivia, Chile / Clothing Sales

A loan of $5,650 helped a member to buy clothing for her business.


Antu Rayen Group's story

Fresia, who appears with long hair and bangs in the middle of the photo, belongs to the Antu Rayen Communal Bank. This Bank is made up of members who sell new and used clothing, sell food at small stands, work in greenhouses, and sell hydroponically-grown vegetables.

Fresia has an established business selling new clothing, which she started 4 years ago since she moved to Lanco due to her husband's job. She became bored living in the countryside and thought about opening a business, so it occurred to her to sell used clothing. With time and a lot of perseverance to move forward, she was able to begin selling new clothing.

Things were going poorly for a while because her mother-in-law was very sick, which cost a lot of money since she had to travel a lot to be able to be with her mother-in-law. But with the help of her husband and her savings, she was able to move past this.

Now, she needs money to be able to stock her business with more clothing, since she has not had the money to purchase anything.

The thing that she likes the most about working with Fondo Esperanza is being able to work in a group.

In this group: Karla Daniela, Angelica Patricia, Fresia Iris, Gladys Margot, Edith Carmen, Jasmin Yeniffer, Isabel Tegualda, Ruth Isabel, Maria Yolanda, Hilda Rosa, Marisol Del Carmen, Jose Belarmino, Jakeline Del Pilar, Jenny Solange, Sandra Paola, Cecilia Isabel, Maria Guacolda, Susana Mariela, Lidia Elisabeth, Gladys Soledad, Glenis Magaly, Saymy Libna, Veronica Del Carmen, Gladys Diana
*not pictured

Translator profile picture

Translated from Spanish by Kiva volunteer Meghan Rishel



Loan details

Loan length:

6 months
Disbursed date: August 29, 2013
Facilitated by Field Partner: Fondo Esperanza

Lenders and lending teams



Loan details

Loan length:

6 months
Disbursed date: August 29, 2013
Facilitated by Field Partner: Fondo Esperanza