Check out some available loans that are similar to this one!
Triunfadoras Sin Límites Group
In this Group: Jeannette, Nataly, Teresa, Katherine, Luz, Rosa, Lilian, Myriam, Olivia, Daniela , Margarita, Sandra
This communal bank is called “Triunfadoras sin Limite” and is made up of 12 members who are from the community of La Florida. They work mostly in selling cleaning products, clothing, jams, and custards (flan), hats, food, French fries, typical fried pastries, dressmaking and hairstyling. The member who was interviewed is Katherine, the education delegate. In the photo she is in the second row, shown standing second, going from left to right, and she’s wearing a blue sweater. She sells chocolate products, mostly candies and cuchiflis (bars filled with caramelized sweetened condensed milk). She sells her products in stores and child care centers and has been working in this business for 4 years. She is a beautician and she also does relaxation therapy, shiatsu, and manicures in people’s homes. Also when she is faced with times of economic crises, she borrows her mother's sewing machine and makes jerseys for a school. She will use the loan to buy the caramelized milk spread, chocolates, cookies to make the typical candies, and plastic sticks to make chocolate bars. Her goal is to sell only by the box, because now she sells mostly individually. Her biggest dream is to have a costume store.

Katherine’s motivation for all this is her 2 children, 12 and 5, and her husband, who has been a basic support for her. What she most likes about participating with Fondo Esperanza is that she has been able to become motivated and appreciate her business more. She does this knowing that she can continue receiving loans if she is responsible, something that she is always working to achieve. La Florida is a community located in the southeast of Santiago, the capital of Chile. Its current population has all economic levels that are found in the metropolitan area: upper, upper middle, middle, and lower middle classes. The area has modern commercial centers and is a growing community.
View original language description ↓
Este banco comunal es llamado “Triunfadoras sin Límite” y está conformado por 12 socias, pertenecientes a la comuna de La Florida.
Ellas se dedican principalmente a la venta de artículos de aseo, ropa, mermeladas y manjar caseros, gorros, comida, papas fritas, sopaipillas, costuras y peluquería.
La socia entrevistada fue Katherine, quien es la delegada de educación. En la foto se encuentra en la 2º fila, en 2º lugar de izquierda a derecha y viste suéter azul. Ella vende productos de chocolatería, principalmente alfajores y cuchuflis (barquillos rellenos de manjar). Vende sus productos en almacenes y en jardines infantiles. Lleva 4 años con este negocio.
Katherine es cosmetóloga, por lo que también hace terapias de relajación, digitopuntura y manicure a domicilio. Además cuando se ha enfrentado a momentos de crisis económica le pide la máquina de coser a su mamá y hace buzos para un colegio.
Invertirá este préstamo en manjar, chocolates, galletas para los alfajores y palitos para brochetas de chocolate.
Su meta es vender solo por cajas, ya que hasta ahora vende mayormente por unidad.
Su gran sueño es tener una tienda de disfraces.
Las motivaciones de Katherine son sus 2 hijos de 12 y 5 años y su esposo, el cual ha sido un apoyo fundamental para ella.
Lo que más le gusta de participar con Fondo Esperanza es que ha podido motivarse y valorar más su negocio, al saber que puede seguir con los préstamos, si es responsable, cosa que procura concientemente.

La Florida es una comuna ubicada al suroriente de Santiago, capital de Chile, Su población actual representa a todos los sectores económicos que hay en la Región Metropolitana, habiendo un sector de nivel alto, medio alto, medio y medio bajo. La zona cuenta con modernos centros comerciales y es un comuna en crecimiento.

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
  • 538.5
    Chile Pesos (CLP) = $1 USD

Success!! The loan was 100% repaid

A portion of Triunfadoras Sin Límites Group's $2,350 loan helped a member chocolate, caramelized milk, cookies and plastic sticks.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Disbursed:
Jun 30, 2010
Listed
Jun 24, 2010
Currency Exchange Loss:
Possible
Ended:
Nov 15, 2010