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Pemuco Crece Contigo Group
In this Group: Gladys, Rosa, Johanna, Herminda, Patricia, Rosa, Gabriela , Violeta, Laura, Marisol, Gemita, Nolia, Nely, Doris, Carolina, Susana, Rossana, María Jaqueline, Luisa
The “Pemuco Crece Contigo” (Pemuco Grows With You) community bank is made up of 19 entrepreneurs who work in different fields including selling clothes, selling underwear, making spicy sausages, and making smoked pork. They all live in the city of Chillán.

Gladys is the second person from the right in the photo. She is wearing a red jacket and black pants. She is in the handicrafts business. She buys clay vases and dried flowers in the village of Pomaire and the city of Santiago. She makes flower arrangements. Gladys tells us that she taught herself this trade. She will use her loan to buy clay vases and dried flowers. Her goals for her business are to have established premises since she currently sells her products in a craft fair on the days her customers are paid.

Gladys lives together with her husband and her 20 year-old son who works for a company and longs to study graphic design. He also helps his mom in her business.

One of Gladys' dreams is for her son to become a professional.

Gladys is very grateful for the opportunity that she has been given by Fondo Esperanza, not only for the loan but at all levels since she also really enjoys her community bank meetings, the topics that they cover in these meetings and also the solidarity and good interpersonal relationships that exist within the community bank.

Chillán is a town in the central-south area of Chile. The name means 'chair of the sun' in Mapundungun, the language of our Mapuche indigenous people. Chillán is known as the 'Cradle of the Nation' or 'Land of Artists' owing to the fact that prominent people from Chile's history, such as the well-known pianist Claudio Arrau, were born here.
View original language description ↓
El banco comunal “Pemuco Crece Contigo” está conformado por 19 emprendedores, que se dedican a diversos rubros entre ellos venta de ropa, venta de ropa interior, producción de longanizas y producción de cerdo ahumado. Todos ellos pertenecientes a la ciudad de Chillán.
Gladys, quien en la foto se encuentra en el segundo lugar de derecha a izquierda, viste con una chaqueta color rojo y usa pantalones color negro.
Se dedica al rubro de la artesanía, compra floreros de greda y flores secas en el pueblo de Pomaire y la ciudad de Santiago. Ya que realiza arreglos florales. Gladys comenta que fue autodidacta para aprender el oficio.
Con el crédito comprará cacharritos de greda y flores secas.
Sus metas en su negocio son tener un local establecido, ya que actualmente vende sus productos en una feria artesanal los días de pago de sueldo de sus clientes.
Gladys vive junto a su marido y su hijo de 20 años de edad, quien trabaja de manera dependiente y sus anhelos son estudiar dibujo grafico, además le ayuda en su negocio.
Por ende uno de sus sueños es que su hijo sea un profesional.
Ella está muy agradecida de la oportunidad que le ha brindado Fondo Esperanza, no solo por el crédito sino a todo nivel, ya que además disfruta mucho de las reuniones, los temas que se desarrollan en éstas y la solidaridad y buenas relaciones interpersonales al interior del grupo del banco comunal.
Chillán es una comuna de la zona centro sur de Chile. Su nombre significa “silla del sol” en mapudungun, idioma de nuestros indígenas mapuches. Chillán es conocida como “Cuna de la Patria” o “Tierra de Artistas”, debido a que en la ciudad han nacido destacados personajes de la historia de Chile, como por ejemplo el conocido pianista Claudio Arrau.

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
  • 467.3
    Chile Pesos (CLP) = $1 USD

Success!! The loan was 100% repaid

A portion of Pemuco Crece Contigo Group's $2,875 loan helped a member to buy clay vases and dried flowers.
100% repaid
Repayment Term
5 months (Additional Information)
Repayment Schedule
Jun 13, 2011
Jul 9, 2011
Currency Exchange Loss:
Oct 15, 2011