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Abriendo Futuro Group
In this Group: Johana *, Eliseo*, Ismenia, Lissette, Gloria, Ignacia, Veronica, Luciano, Hector, Erna, Jose, Hortensia, Juana, Francisca, Victor, Alejandra, Griselda, Patricio
* not pictured
This communal bank is called “Abriendo Futuro” and has 18 enterprising members who are in different lines of work among which are candy sales, pastry making, new and used clothes sales, crafts and chopping wood for firewood. They are all from the city of Temuco.

Johana is a member of the communal bank. In the photo she’s seated in the third row, first seat from left to right; her hair is pulled back. She has been selling new clothes for the last two years. Her sales are door to door among friends and acquaintances. She also sells her wares in her living room when she gathers a group of customers together. She buys her merchandise in the Meiggs neighborhood located in the city of Santiago. She will use the loan to buy shoes and t-shirts for children. Her goal is to expand the business to install herself in a fixed locale to display and sell her merchandise. Her motivation to continue in business is that she wants to attain economic stability to provide a better quality of life for her family. Johana lives with her mother and her two children who are 8 and 2 years old.

She is very happy and grateful for the loan obtained from Fondo Esperanza because it will allow her to invest in her business. She comments that the she knew the other communal bank members previously so there’s closeness among them. With respect to the communal bank meetings, she comments that they have been opportunities to pass the time pleasantly.

Temuco is the capita of the Araucanía region. The city is located 670 kilometers south of Santiago (Capital of Chile). There is a series of lakeside resorts nearby (Pucón, Villarrica) and very eye-catching flora and fauna concentrated in nearby natural parks. It’s worth pointing out that 50% of the Mapuche, indigenous peoples of our country, live in this region.
View original language description ↓
Este Banco comunal se llama “Abriendo Futuro”, está conformado por 18 emprendedores, quienes se dedican a diferentes rubros entre los cuales se encuentran venta de dulces, repostería, venta de ropa nueva y usada, además de artesanía y picadura de leña. Todos ellos pertenecientes a la ciudad de Temuco.
Johana integrante del Banco comunal, quien en la foto se encuentra sentada en la tercera fila, en el primer lugar de izquierda a derecha, su cabello está peinado hacia atrás. Ella se dedica a vender ropa nueva, desde hace 2 años.
Las ventas, las realiza casa por casa a sus amigos y conocidos, también vende su mercadería en el living de su casa cuando junta un grupo de clientes. Su mercadería la compra en el barrio Meiggs, ubicado en la ciudad de Santiago.
Con el crédito comprará zapatillas y poleras para niños.
Sus metas son expandir su negocio, para esto instalarse con un local establecido, en donde pueda ofrecer y vender su mercadería.
Sus motivaciones de continuar con el negocio se deben a que quiere conseguir una estabilidad económica para brindarle a su familia una mejor calidad de vida.
Johana vive junto a su madre y sus dos hijos de 8 años y 2 años de edad.
Ella está muy contenta y agradecida del crédito obtenido por Fondo esperanza, ya que le permitirá invertir en su negocio. Comenta que a las demás integrantes del grupo del banco comunal, las conocía anteriormente, por lo que existe una mayor cercanía. Respecto a las reuniones del banco comunal, comenta que también han sido un momento de distracción.
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
  • 516.6
    Chile Pesos (CLP) = $1 USD

Success!! The loan was 100% repaid

A portion of Abriendo Futuro Group's $3,125 loan helped a member to buy sandals and t-shirts for children.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Sep 30, 2011
Oct 11, 2011
Currency Exchange Loss:
Feb 15, 2012