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Las Pioneras De Pitrufquen Group
In this Group: Luisa , Ema , Gloria , Margarita , Rosa, Elizabeth , Marta , Lidia , Clara , Danixa , Cecilia , Maritza , Eugenia , Jorge , Yenny , Leonor , Blanca , Tamara , Lisbeth , Ruth
This communal bank is called “Las Pioneras de Pitrufquén” and is made up of 20 members, all of whom are residents of the Pitrufquén community, which is a 30 km from the city of Temuco.

Their businesses include the sale of handicrafts like ceramics and weaving, watch repair, clothing, hair salons, pastry making, and wallet sales.
Luisa is the president of this bank. In the picture, she is to the right, behind the child and with a folder in her hands. She owns a beauty salon in the center of the city and is both the manager and a hair dresser. She has had this business for 16 years. She will use her loan to buy hair dye, creams, solutions that remove color, etc. Her dream is to have a hair salon in her home, in order to be more comfortable. Her motivation comes from the desire to provide higher education to her 14-year-old son. For her, Fondo Esperanza has been an important source of economic and educational support. She also says working in a group has been good for her because she has been able to share experiences and ideas with others.

Temuco is the capital of the Araucanía region. The city is located 670 kilometers to the south of Santiago, the capital of Chile, and it has a series of natural spas as well as beautiful and diverse native flora and fauna. It is also work mentioning that 50% of the country's Mapuche people, a native culture, live in this region.
View original language description ↓
Este banco comunal es llamado “Las Pioneras de Pitrufquén” y se conforma por 20 socios y socias, pertenecientes a la comuna de Pitrufquén, a 30 Km. de la ciudad de Temuco.
Ellos se dedican principalmente a negocios de artesanía en greda y tejidos, relojería, confección de buzos, peluquería, repostería y venta de carteras.
Luisa es la presidenta de este banco comunal, en la foto se encuentra a la derecha, detrás del niño y sostiene una carpeta en sus brazos. Ella tiene una peluquería en el centro de la ciudad, en donde es jefa y peluquera, negocio al cual se dedica hace 16 años. Invertirá el préstamo en tinturas, cremas, líquidos decolorantes, etc. Su sueño es tener una peluquería en su casa, para estar más cómoda. Su motivación es darle estudios superiores a su hijo de 14 años. Para ella Fondo Esperanza a significado un importante apoyo económico y educativo, menciona también lo bien que le ha hecho trabajar en el grupo al compartir sus experiencias e ideas.
Temuco es la capital de la región de la Araucanía. La ciudad se ubica a 670 kilómetros al sur de Santiago (capital de Chile) y posee una serie de balnearios lacustres y una flora y fauna nativa muy llamativas. Cabe destacar que en esta región habita el 50% de los mapuches, pueblo indígena, existente en nuestro país.

Additional Information

About Fondo Esperanza

Fondo Esperanza (FE) is a private non-profit organization that supports entrepreneurship by providing micro-credit and training to people living in poverty in well over 100 cities throughout Chile. By providing these services, FE aims to improve the living conditions of the entrepreneurs and their families. In 2010, FE provided loans to more than 41,000 entrepreneurs. It utilizes a communal banking model in which groups of 18 to 25 clients meet on regularly and guarantee each other’s loans. The members use their portion of the loan to create or expand their own businesses. In the group meetings, clients receive training though the FE Entrepreneurship School, which enhances clients’ personal and business skills and ability to work in groups.

This is a Group Loan

In a group loan, each member of the group receives an individual loan but is part of a larger group of individuals. The group is there to provide support to the members and to provide a system of peer pressure, but groups may or may not be formally bound by a group guarantee. In cases where there is a group guarantee, members of the group are responsible for paying back the loans of their fellow group members in the case of delinquency or default.

Kiva's Field Partners typically feature one borrower from a group. The loan description, sector, and other attributes for a group loan profile are determined by the featured borrower's loan. The other members of the group are not required to use their loans for the same purpose.

About Chile

  • $19,100
    Average annual income
  • 0
    View loans »
    Chile Loans Fundraising
  • $2,637,700
    Funds lent in using Kiva
  • 525.2
    Chile Pesos (CLP) = $1 USD

Success!! The loan was 100% repaid

A portion of Las Pioneras De Pitrufquen Group's $3,550 loan helped a member merchandise for a beauty salon: hair dye, creams, etc.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Feb 10, 2010
Mar 10, 2010
Currency Exchange Loss:
Jul 15, 2010