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Manos Del Sur Group
In this Group: Julieta, Paola, Orfa, Marta, Irsia, Cecilia, Víctor, Héctor, Pedro, Cynthia, Marlene, Clotilde, Leticia, Leila, Anita, Diana, Lady, Claudia, Rebeca
The Communal Bank named “Manos del Sur” (Hands of the South) consists of 19 entrepreneurs who engage in different fields, which includes all types of business such as selling antiques, sewing, selling frozen foods, and other trades. All of them live in the city of Puerto Montt.


Julieta is a member of the Communal Bank. In the photograph, she is standing in the middle of the group. Julieta is wearing a green sweater and a scarf of the same color. She is wearing her hair down. Julieta has been providing mobile phone repair services as a technician for five years. She studied information technology, which has helped her perform her job due to the knowledge she acquired. Julieta works from a rented shop Monday to Sunday, between the hours of 9am and 5pm. The mobile phone parts that she uses are purchased from a distributor in the city of Santiago. With this loan, Julieta will buy mobile phone parts.


She lives with her 10-year-old daughter and her dreams include finishing her university studies toward a degree in psychology. Julieta is very pleased with and grateful for the services that Fondo Esperanza has provided. This vital source of support has allowed her to invest in her business and learn new strategies for managing it. She says that her relationship with the other members has allowed her to gain new experiences and meet great people.


Puerto Montt is a city in southern Chile, located in the Los Lagos region. The attractions of Puerto Montt include its beautiful green landscapes. The beaches are rarely visited. It is also known for its cuisine, particularly its reputation for seafood and shellfish, and its handicrafts. Puerto Montt is also the gateway to the Grand Isle of Chiloé, which is rich in traditions and legends.

View original language description ↓
Este Banco comunal se llama “Manos del Sur”, está conformado por 19 emprendedores que se dedican a diferentes rubros, entre los cuales se encuentran negocios de todo tipo, venta de antigüedades, costuras, productos congelados, entre otros. Todos ellos pertenecientes a la ciudad de Puerto Montt.
Julieta integrante del banco comunal, quien en la foto se encuentra de pie al medio del grupo, vistiendo un sweater color verde y una bufanda del mismo color, además su cabello está suelto.
Ella se dedica a entregar el servicio técnico en reparación de celulares, desde hace 5 años. Julieta estudió técnico en informática, lo que le facilita en su trabajo, por los conocimientos que tiene. Ella trabaja en un local que arrienda de lunes a domingo en un horario de 9ºº a 5ºº de la tarde. Los repuestos para celulares los compra en una distribuidora en la ciudad de Santiago.
Con el crédito Julieta comprará repuestos para celulares.
Sus metas son expandirse en su negocio.
Ella vive junto a su hija de 10 años de edad y sus sueños son terminar sus estudios universitarios en la carrera de psicopedagogía.
Julieta está muy contenta y agradecida de los servicios entregados por Fondo esperanza, ya que es una ayuda integral que le ha permitido invertir en su negocio y aprender nuevas estrategias en administración.
Comenta que la relación con las demás socias le ha permitido conocer nuevas experiencias y grandes personas.
Puerto Montt es una ciudad del sur de Chile, ubicada en la región de Los Lagos. Una de las atracciones de Puerto Montt son sus bellos paisajes verdes; sus playas poco frecuentadas; su gastronomía y especialmente la reputación de sus pescados y mariscos y sus artesanías. Es también la puerta de entrada a la Isla Grande de Chiloé, rica en tradiciones y leyendas.

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
  • 473.2
    Chile Pesos (CLP) = $1 USD

Success!! The loan was 100% repaid

A portion of Manos Del Sur Group's $4,900 loan helped a member to buy mobile phone parts.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Aug 11, 2011
Listed
Aug 16, 2011
Currency Exchange Loss:
Possible
Ended:
Jan 15, 2012