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Ensueño Group
In this Group: Viviana, Flor , Evelyn, Elizabeth, Camila, Dagoberto, Juana, Myriam, Margarita, María, Rodrigo, Susana, Teresa, Amalia, Yanet, Juana, María, Juan Carlos, Francisco
The communal bank called Ensueño ("The Dream" ) is made up of 19 entrepreneurs who work in different areas, including general store retail, clothing sales in street markets, fast-food sales, selling baked goods, sewing, and construction. All of them live in the Colina municipality in the city of Santiago.

Viviana, the president of the communal bank, is seen in the photo, standing in the first row on the far right. She is leaning forward with her hand on her leg, wearing a black pullover and light-blue jeans, with her hair up. She sells household items and clothing. She has worked in this area for 10 years, and says that she really enjoys what she does. She works from 8:00am to 4:00pm, with Mondays and Thursdays off. She buys her merchandise from distributors, since she finds it better to buy at wholesale. She buys clothing according to the season. Lately, her merchandise has been for winter, so she has done very well. With the loan she will buy crockery, glasses, cloths, aprons, kitchen gloves, as well as panties, tracksuits, and thermal pullovers. Her goals are to set up her business in a stable premises in order to expand, and later to buy a vehicle so that she can transport her merchandise to more out-of-the way places.

Viviana lives with her husband and her two children, ages 7 and 2. Her dream is to provide them with a better quality of life, including better quality education leading to training in a profession. She is very happy and thankful for the loan obtained through Fondo Esperanza, and also very much enjoys the meetings of the communal bank group, since the other members are committed, friendly, and able to share their different experiences with each of their businesses. She believes that the training has helped her learn new strategies for organizing her business.

Colina is a municipality in the northern part of the Santiago metropolitan area (Santiago is the capital of Chile). Currently, it is the focus of significant investment, mainly in the area of agro-industry, due to the setting up of important large companies providing numerous jobs to the community. It's also an area where new sub-divisions are being built, which has contributed to a considerable increase in the population. It also has areas for tourism, such as hot springs, sports at Piedra Roja Lake, and mountain climbing.
View original language description ↓
Este Banco comunal se llama “Ensueño” está conformado por 19 emprendedores quienes se dedican a diferentes rubros, entre los cuales se encuentran atención de almacenes, venta de ropa en ferias libres, venta de comida rápida, amasandería, costuras y albañilería, entre otros. Todos ellos pertenecientes a la comuna de Colina, ciudad de Santiago.
Viviana presidenta del Banco comunal, quien en la foto se encuentra de pie en el primer lugar de derecha a izquierda, inclinada hacia delante apoyando su mano en una de sus piernas, vistiendo un chaleco color negro, jeans color celestes y su cabello está tomado. Ella se dedica al rubro del comercio, específicamente la venta de artículos para el hogar y venta de ropa. Trabaja en éste rubro desde hace 10 años, comenta que disfruta mucho lo que realiza. Su horario es de 8ºº a 16ºº horas, teniendo los días lunes y jueves libres.
Su mercadería la compra en distribuidoras, ya que resulta más conveniente comprar al por mayor. La ropa la compra de acuerdo a la temporada, durante éste tiempo su mercadería ha sido de invierno, por lo que le ha ido muy bien.
Con el crédito comprará loza, vasos, paños, delantales y guantes de cocina, además de pantys, buzos y camisetas de polar.
Sus metas son establecerse en un local estable para expandir su negocio y posteriormente comprarse un vehículo que le permita trasladar su mercadería a los lugares más apartados.
Viviana vive junto a su esposo y sus dos hijos de 7 y 2 años de edad. Sus sueños son brindarles una mejor calidad de vida, entre esto una mejor calidad en su educación para formar profesionales.
Ella está muy contenta y agradecida del crédito obtenido por Fondo Esperanza, además disfruta gratamente de las reuniones realizadas al interior del grupo del banco comunal, ya que las demás socias son comprometidas, sociables y comparten sus distintas experiencias en cada uno de sus negocios. Respecto a las capacitaciones, considera que le han servido para aprender nuevas estrategias de organización para su negocio.
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

  • $14,900
    Average annual income
  • 0
    View loans »
    Chile Loans Fundraising
  • $2,552,775
    Funds lent in using Kiva
  • 457.7
    Chile Pesos (CLP) = $1 USD

Success!! The loan was 100% repaid

A portion of Ensueño Group's $4,100 loan helped a member to buy crockery, glasses, cloths, aprons, kitchen gloves, as well as panties, tracksuits, and thermal undershirts.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jul 29, 2011
Listed
Aug 6, 2011
Currency Exchange Loss:
Possible
Ended:
Dec 15, 2011