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Emprendedores Group
In this Group: Ana, Teresa, María, Walter, Eliana, Dominga, Carlos, Luis, Debora, Marcela, Victor, Ruth, Angela, Carola, Mario
This communal bank is called “Emprendedores” (Entrepreneurs) and is composed of 15 entrepreneurs belonging to the Colina Commune located in the city of Santiago. Each is in a different line of work, specifically clothes sales, food sales, cleaning supplies sales and businesses in farmer’s markets.

Ana, who appears in the photo seated in the front row, second from the right, sells fast food, specifically “compuestos” (Chilean hot dogs), turnovers, sopaipillas (fried flat dough) and pizzas. She prepares and sells the food from home. She’s been in business for four years and has done very well in her business. Her work schedule is Tuesday through Saturday from 6pm until midnight and on weekends this schedule can lengthen.

She will use the loan to buy building materials and supplies to furbish her locale in her yard so that she can get the corresponding health permit.
Her goals are to put her business in optimal conditions so that she can be open all day since she’s only able to operate at night now because she lacks the permit. Besides, she hopes to remodel the locale so that customers can consume their food there.

Ana lives with her husband and 3-year-old son. Her dreams are to make her business more lucrative so that she can also hire personnel and become economically independent.

She is very grateful to Fondo Esperanza. She enjoys participating in the meetings very much because of the good relationship she has with the other communal bank members.

Colina is a commune in the north part of the metropolitan region (where Santiago, capital of Chile is located.) It is currently the focus of important investments especially in agro business due to the arrival of large and important firms which, by the way, generate a large number of jobs in the community. It is also an area of “parcelaciones de agrado” (farmland turned into residential use) that has contributed significantly to the population increase. In addition, it has places that are ideal for tourism, like hot springs, sports at Piedra Roja Lagoon and mountaineering.
View original language description ↓
Éste Banco comunal se llama “Emprendedores” y está conformado por 15 emprendedores, pertenecientes a la comuna de Colina ubicada en la ciudad de Santiago. Todos ellos se dedican a diferentes rubros, específicamente venta de ropa, de alimentos, productos de limpieza y negocios en una feria libre.
Ana quien en la foto se encuentra sentada en primera fila, en el segundo puesto de derecha a izquierda, se dedica a vender comida rápida, específicamente completos, churrascos, empanadas, sopaipillas y pizzas. Prepara y vende esta comida desde su casa, desde hace 4 años y le ha ido muy bien en su negocio.
Su horario laboral es de martes a sábado de 6ºº de la tarde a las 12ºº de la noche. Y los fines de semana éste horario se puede extender.
Con el préstamo comprará materiales de construcción para acomodar su local en el patio de su casa, de ésta manera podría obtener el permiso de salubridad correspondiente.
Sus metas son establecer de manera óptima su negocio, para abrir durante todo el día, ya por ahora solo puede atender en las noches por falta del permiso. Además anhela reestructurar su local para que sus clientes puedan consumir su comida en el mismo local.
Ana vive junto a su marido y su hijo de 3 años de edad. Sus sueños son convertir su trabajo en un negocio más lucrativo, de esta manera también contratar personal y ser independiente económicamente.
Ella está muy agradecida de Fondo Esperanza, le gusta mucho participar de las reuniones, debido a la buena relación con las demás socias del banco comunal.
Colina es una comuna de la región metropolitana (donde está Santiago, capital de Chile) ubicada al norte de la misma. Actualmente es centro de importantes inversiones, principalmente en el área agro industrial, debido a la instalación de grandes e importantes empresas, que de paso entregan un gran número de empleos a la comunidad. Es también un área de parcelaciones de agrado, lo que ha contribuido a aumentar considerablemente el número de habitantes. También cuenta con espacios adecuados al turismo, tales como termas, deporte en la Laguna Piedra Roja y montañismo.

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
  • 467.4
    Chile Pesos (CLP) = $1 USD

Success!! The loan was 100% repaid

A portion of Emprendedores Group's $2,650 loan helped a member to buy building materials and supplies.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
May 26, 2011
Listed
May 31, 2011
Currency Exchange Loss:
Possible
Ended:
Oct 15, 2011