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Semillitas De Lautaro Group
In this Group: Leonor, María Teresa, Vitalina, Nayade, Pilar, Sarai, Angelica, Paola, Elsa, Erika, Myriam, Erika, Juana, Hector, Gonzalo, Miriam, Jessica, Ana , Joceline, Carolina
This Communal Bank is called "Semillitas de Lautaro". It is made up of 20 entrepreneurs who work in different fields including selling coal, selling firewood, weaving, selling sweets, selling used clothes, selling perfumes, and selling new clothes, amongst other things. All of them come from the city of Temuco.

Leonor is a member of the Communal Bank, who is in the front row of the group photo. She is the first one going from right to left, is wearing a pink sweatshirt and is also holding a Fondo Esperanza sign. She works selling firewood by the sack, which she has been doing for four years. She buys her merchandise in places that have a good amount of firewood and reasonable prices. Then she pays for freight to transport it to her home. After purchasing the firewood, she chops it and distributes it into sacks, in order to later offer it for sale and sell it. Her customers come to her home to make their purchases, and she has a sufficient client base.

With the loan, she will buy a large quantity of firewood that will last her for one to two months.

Her goals are to have a large warehouse from where she can offer a large quantity of firewood, so that the wood does not rot.

She lives with her husband and three children aged 13, 6, and 4, who all attend school. Her dreams are to become a micro-enterprise, and that her children become professionals. Her motivation for continuing in her business is to pay for higher education for her children.

Leonor is very happy and grateful for the loan offered by Fondo Esperanza. In addition, she say that she feels comfortable at the Communal Bank meetings, thanks to the companionship, trust, commitment and respect of the group.

Temuco is the capital of the Araucanía region. The city is located 670 kilometers south of Santiago (the capital of Chile). There are a number of lake resorts in the surrounding area, and a lot of very striking flora and fauna which are concentrated in the nearby national parks. It is worth mentioning that 50% of the Mapuches, an indigenous people from our country, live in this region.
View original language description ↓
Este Banco comunal se llama “Semillitas de Lautaro”, está conformado por 20 emprendedores que se dedican a diferentes rubros, entre los cuales se encuentran venta de carbón, venta de leña, tejidos, venta de dulces, venta de ropa usada, venta de perfumes, venta de ropa nueva, entre otros. Todos ellos pertenecientes a la ciudad de Temuco.
Leonor delegada del Banco comunal quien en la foto se encuentra en la primera fila del grupo, en el primer lugar de derecha a izquierda, viste un polerón color rosado y además sostiene una tarjeta de Fondo Esperanza. Ella se dedica a vender leña en saco, desde hace 4 años. Su mercadería la compra en lugares que le señalan que hay cantidad de leña y precios convenientes. Luego paga un flete para trasladarla a su casa.
Leonor después de comprar la leña, la corta y distribuye en sacos, para posteriormente ofrecerla y venderla. Sus clientes van a comprar a su mismo domicilio y tiene bastante clientela.
Con el crédito comprará leña en gran cantidad para que le dure unos dos meses.
Sus metas son tener una bodega grande, en la cual pueda almacenar gran cantidad de leña, para que no se pudra la madera.
Ella vive junto a su marido y sus tres hijos de 13, 6 y 4 años de edad, todos ellos asisten al colegio, sus sueños son ser una microempresaria y que sean profesionales.
Su motivación de continuar con el negocio es para costear los estudios superiores de sus hijos.
Leonor está muy contenta y agradecida del crédito otorgado por Fondo Esperanza, comenta además que se siente cómoda con las reuniones del Banco comunal, debido al compañerismo, confianza, compromiso y respeto del grupo.
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
  • 470.8
    Chile Pesos (CLP) = $1 USD

Success!! The loan was 100% repaid

A portion of Semillitas De Lautaro Group's $3,500 loan helped a member to buy a large amount of firewood that will last her for one to two months.
100% repaid
Repayment Term
5 months (Additional Information)
Repayment Schedule
Aug 17, 2011
Aug 25, 2011
Currency Exchange Loss:
Dec 15, 2011