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Lican Rayen Group
In this Group: Marcela, Eusebia, Viviana, Ingrid, Elisa, Clementina, Carmen Gloria, Adela, Elsa, Pamela, Perla, Erica, Claudia, Andrea, Pamela, María Angelica, María Fidelina, Paola, Priscilla
This communal bank is called "Lican Rayen." It is made up of 19 entrepreneurs who work in different fields, including selling new and second-hand clothing, vegetables, haircare products, cheese, silver jewelry, perfumes, fabrics and fast food. They are all from Temuco city.

Marcela is a member of the communal bank. In the photo she can be seen in the second row, second from the left. Only her face and black jacket are visible.

Marcela works at preparing baked goods, including alfajores (sweet cookies with a filling), kuchen (German-style cakes), brownies, coconut candies, cakes, pastries and tarts. This has been her work for the last three years. She sells her goods to order, and for the last year she has been selling them as a street vendor, outside schools. All her baked goods are sold in portions, but she also caters for larger orders for events. She says that her business is doing very well.

She buys her supplies from a distributor.

She will use the loan to buy ingredients for her baked goods, especially, cookies, decorating products and wrapping, because the independence day holidays are approaching and she has to prepare lots of products.

Her business goals are to establish herself in business premises, so she would like to acquire a kiosk.
Marcela lives with her husband and two children, 12 and 3 years old, who attend school and kindergarten respectively.

Her dreams are to expand her business and have a bakery where she can sell her baked goods.
She is very happy and grateful for the services provided by Kiva Field Partner, Fondo Esperanza, because they have allowed her to invest in her business and come up with new sales strategies. This has also been made possible by the payment facilities offered to entrepreneurs.

Marcela is very comfortable and happy with the communal bank group to which she belongs, as the members have proved themselves to be committed and united.

Temuco is the capital of the Araucanía region. The city is located 670km south of Santiago (the capital of Chile). It is close to a number of lake resorts (Pucón, Villarrica) and there is outstanding native flora and fauna concentrated in nearby nature parks. Note that 50% of Chile's indigenous people, the Mapuche, live in this region.
View original language description ↓
Este Banco comunal se llama “Lican Rayen” está conformado por 19 emprendedores que se dedican a diferentes rubros entre los cuales se encuentran venta de ropa usada, nueva, venta de verduras, venta de artículos para el cabello, venta de quesos, venta de joyas de plata, venta de perfumes, preparación de comida rápida y tejidos. Todos ellos pertenecientes a la ciudad de Temuco.
Marcela integrante del Banco comunal, quien en la foto se encuentra en la segunda fila, en el segundo lugar de izquierda a derecha, a quien se le ve solo el rostro y su chaqueta color negro.
Se dedica a preparar productos de repostería, entre los cuales prepara alfajores, kuchen, brownie, cocadas, queques, pasteles y tortas. Trabaja en éste rubro desde hace 3 años. Sus ventas las realiza a pedido y desde hace un año comenzó vendiendo de manera ambulante, afuera de colegios, todos sus productos de repostería son realizados por porción, sin embargo también realiza pedidos más grandes para eventos. Comenta que le va muy bien en su negocio.
Su mercadería para sus preparaciones la compra en una distribuidora.
Con el crédito comprará ingredientes para sus productos de repostería, específicamente, galletas, productos de decoración y para envolver sus productos. Ya que se acerca la temporada de fiestas patrias y debe prepara una gran cantidad de productos.
Sus metas en su negocio son estabilizarse en un local establecido, por lo que espera adquirir un kiosco.
Marcela vive junto a su marido y sus dos hijos de 12 y 3 años de edad, ambos asisten al colegio y jardín infantil.
Sus sueños son ampliar su negocio y tener una pastelería en la cual pueda ofrecer y vender sus productos de repostería.
Ella está muy contenta y agradecida de los servicios brindados por Fondo Esperanza, ya que le han servido para invertir en su negocio, además de generar nuevas estrategias en sus ventas, debido también a las facilidades de pago que se le brinda a las personas emprendedoras.
Marcela se siente muy cómoda y contenta del Grupo del Banco comunal al cual pertenece, ya que han demostrado ser comprometidos y 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
  • 469.7
    Chile Pesos (CLP) = $1 USD

Success!! The loan was 100% repaid

A portion of Lican Rayen Group's $3,750 loan helped a member to buy ingredients for her baked goods, especially, cookies, decorating products and wrapping.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Aug 31, 2011
Listed
Sep 17, 2011
Currency Exchange Loss:
Possible
Ended:
Jan 15, 2012