A loan of $7,400 helped a member buy new clothes and undergarments for resale.

Mujer Pilar Del Hogar Group's story

Elizabeth is a member of the community bank "Mujer Pilar del Hogar" in Arauco, Chile - in the photograph, she is standing third from the left with a black shirt and a big smile. The members of this bank have a wide variety of businesses, including running shops, selling new and used clothing, sewing, putting on children's and birthday shows, and selling silver jewelry. There have been few problems, only some members who fall behind in their payments, but they always pay eventually.

Elizabeth's business is selling undergarments by catalog and selling other clothing for men, women, and children. She began her business in 2009 thanks to some friends that helped her when she was out of work. They started her off selling undergarments by catalog, which allowed her to get ahead and do well.The money Elizabeth is requesting will be used to buy men's, women's, and children's clothing, as well as a catalog of undergarments. She knows it will go very well for her despite her limited customer base because her customers are loyal. The thing she's liked best about working with Fondo Esperanza is that she knows she is not alone with her loan, but instead she has training that will help her expand her business.

In this group: Berta Ester, Mariela Alejandra, Maria Ines, Leonor Alejandra, Ximena Alejandra, Soledad Eugenia, Teolinda Nelly, Carmen Gloria, Leonor Nelida, Sandra De Las Mercedes, Elizabeth De Las Nieves, Katherine Elena, Yesenia Ester, Johana Del Pilar, Flor Noemi, Edith Andrea

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Translated from Spanish by Kiva volunteer Shannon Skoglund

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