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Los Picarones Del Portal Group
In this Group: Romina , Paola, Rodrigo, Marisol, Ana, Elsa, Eliecer, Héctor, Henry, Jorge, Karla, Jenny, Virginia, Sandra, Carola, Ana, Patricia, Oscar, Hugo, Emilia
The “Los Picarones del Portal” communal bank is made up of 20 entrepreneurs from the city of Temuco. Their principal businesses are crafts in general, jewelry crafts, decoupage, and products for the house, decoration, and gifts.

Romina, is a member of the group, and she is the one kneeling in the middle of the photo, wearing a black coat and a black purse. Her business consists of selling items for personal use, in her store, which is located in a shopping center. She has been in this business for 7 years. Before that she sold products in the street, since she comes from a family of merchants. Her work day is from 9:00AM to 8:00PM. With the loan she will buy merchandise for her business, specifically gloves, leggings, warm hats, and cosmetics, among other things.

Her goals are to arrange her business esthetically, so that it will be more attractive to customers. She would like to put in glass display cases because right now one can’t appreciate very well the merchandise in the store. Also, she is currently awaiting a project that will include the installation of electricity, and therefore light, in each store in the shopping center.

Romina lives with her 2 year-old son. Her dream is to have her own house, since she is currently living in her grandmother’s house. In order to make this happen, she is saving money so she can apply for a housing subsidy.

For Romina, the loan from Fondo Esperanza has been a great support for her business, since with it she will be able to invest in the business.

She is very happy with the meetings and with the other members of the group, because they are very close. Temuco is the capital of the region of Araucanía. The city is located 670 kilometers to the south of Santiago (the capital of Chile). Nearby there are several lake resorts (Pucón, Villarrica) and very interesting native flora and fauna concentrated in nearby nature parks. It is worthy of mention that this region is where 50% of the country’s Machupe (indigenous group) community members live.
View original language description ↓
El banco comunal “Los Picarones del Portal” está conformado por 20 emprendedores, pertenecientes a la ciudad de Temuco. Sus principales negocios son de artesanía en general, artesanía en joyas, decoupage, y bazar paquetería.
Romina, quien es integrante de éste grupo, en la foto se encuentra en cuclillas, en el lugar de abajo, en el medio, ella viste una chaqueta color negro y una cartera del mismo color. Su negocio consiste en la venta de artículos de uso personal relacionados, en su local de paquetería, ubicado en un centro comercial. Se dedica a éste rubro desde hace 7 años, sin embargo antes ya vendía productos en la calle, ya que proviene de una familia de comerciantes. Su jornada laboral es de 9ºº a 8ºº de la noche.
Con el préstamo compró mercadería para su negocio, específicamente guantes, calzas, gorros, cosméticos, entre otros.
Sus metas son arreglar estéticamente su negocio, para que sea más atractivo para los clientes, desea poner vitrinas de vidrio, ya que actualmente no se aprecia muy bien su mercadería en el local. Además se encuentra a la espera de un proyecto que consta en la instalación de electricidad y por ende luz propia para cada local.
Romina vive junto a su hijo de 2 años de edad, su sueño es tener su casa propia, ya que se encuentra viviendo en la casa de su abuela, para esto se encuentra ahorrando dinero para postular al subsidio habitacional.
Para Romina el crédito de Fondo esperanza ha significado un gran apoyo para su negocio, ya que con éste podrá invertir en él.
Ella está muy contenta con las reuniones y demás socios del grupo, ya que son muy unidos.
Temuco es la capital de la región de la Araucanía. La ciudad se ubica a 670 kilómetros al sur de Santiago (capital de Chile). En sus alrededores se ubican una serie de balnearios lacustres (Pucón, Villarrica) y una flora y fauna nativa muy llamativas, concentrada en parques naturales cercanos. 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
  • 472.5
    Chile Pesos (CLP) = $1 USD

Success!! The loan was 100% repaid

A portion of Los Picarones Del Portal Group's $4,200 loan helped a member to buy merchandise for her business, specifically gloves, leggings, warm hats, and cosmetics, among other things.
100% repaid
Repayment Term
5 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jun 9, 2011
Listed
Jun 28, 2011
Currency Exchange Loss:
Possible
Ended:
Oct 15, 2011