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Las Esforzadas Group
In this Group: Marisol, Cynthia, Andrea, María , Paola , Marcela , Lliliant, Sara , Lorena, Mirta , Jesika, Isolina, Nataly, Liza, Natalia, Paola, Julia, Jacqueline, María , Judith , Johanina
The communal bank "Las Esforzadas" [Determined Women] is made up of 21 members belonging to the city of Talcahuano. Their primary businesses are grocery stores, costume rental, photography, glass and ceramic handicrafts, the production and sale of sofa chairs, hair accessory sales and dried fruit.

Marisol, who is the group's secretary, is the located in the photo in the first row, second place from right to left. She sells clothing for babies, children and adults, by special order at her home and also by delivery which she has done for four years. She travels to purchase her merchandise in Santiago (capital of Chile) twice a month. She has a six-year-old son.

With this loan she will purchase the clothing that has been ordered and additional clothing for the spring-summer season. She is happy because as of the end of the year she will be renting two posts in a new shopping center. At one she will sell children's clothing and at the other, clothing for adults. Her dream is to continue growing her business to the point at which she no longer needs the loans in order to grow.

Marisol has felt tremendous support and caring on the part of the consultant from Fondo Esperanza. Furthermore she appreciates the loans which have allowed her to maintain and expand her business.

Talcahuano is a municipality and port city of the Region of Biobío, in the southern part of Chile. It is known for being the country's first military, industrial and fishing port. Its name in mapudungun means "Thundering Sky". It is possessed of a very attractive natural landscape, owing to the combination of rivers, ocean, fertile plains and meadows and the mountains arrayed in beautiful vegetation. Its economy revolves around two ports, the Naval Base and an Industrial zone with iron and steel companies, petroleum refineries, petrochemical activity, cement, natural gas, etc.

The small photo in the corner was added because one group member's face was not clearly visible in the group photo.
View original language description ↓
El banco comunal “Las Esforzadas” se conforma por 21 socias, pertenecientes a la ciudad de Talcahuano. Sus principales negocios son de almacenes de abarrotes, arriendo de disfraces, fotografías, artesanías en vidrio y cerámica, producción y venta de sillones, venta de pinches y frutos secos.

Marisol, quien es la secretaria de este grupo, se ubica en la foto en 1º fila, en 2º lugar de izquierda a derecha. Ella vende ropa de guagua, niño y adulto, por encargos en su casa y a domicilio, hace 4 años. Viaja a comprar su mercadería a Santiago (capital de Chile) 2 veces al mes. Tiene un hijo de 6 años.

Con este préstamo comprará la ropa encargada y además ropa de temporada primavera – verano.
Está contenta, debido a que a contar de fin de año arrendará 2 puestos en un centro comercial nuevo. En uno venderá ropa de niño y en el otro, ropa de adulto. Su sueño es seguir ampliando su negocio hasta llegar a no depender de los préstamos para crecer.
Marisol ha sentido un gran apoyo y preocupación de parte de la asesora de Fondo Esperanza. Además agradece los préstamos, los cuales le han servido para mantener y hacer crecer su negocio.
Talcahuano es una comuna y ciudad-puerto de la Región del Biobío, al sur de Chile.Es conocida como primer puerto militar, industrial y pesquero del país. Su nombre en mapudungun significa "Cielo Tronador". Posee un paisaje natural muy atractivo, debido a la combinación de ríos, mar, planicies fértiles, vegas y los cuerpos montañosos, con una hermosa vegetación. Su economía gira en torno a dos puertos, la Base Naval, y un Barrio Industrial con empresas siderúrgicas, refinería de petróleo, petroquímica, cemento, gas, etc.

La foto pequeña fue agregada porque la cara de una socia no se veía bien en la foto grupal.

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
  • 480.8
    Chile Pesos (CLP) = $1 USD

Success!! The loan was 100% repaid

A portion of Las Esforzadas Group's $4,900 loan helped a member to purchase clothing for the spring-summer season.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Sep 29, 2010
Listed
Oct 25, 2010
Currency Exchange Loss:
Possible
Ended:
Feb 15, 2011