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Aires Cordilleranos Group
In this Group: Rigoberto, Marianela, María Teresa, Artemia, Jaqueline, Catherine, Gloria, Margarita, Sara, Blanca, Enedina, Mario, Elvidia, Daniel , Saul, Verónica, Rubén , Ramón , María
This communal bank is called "Aires Cordilleranos" and comprised of 19 entrepreneurs who are active in different businesses, including furniture making, tinsmith, jewelry, chicken farming and marmalade production. They all live in the city of Temuco.

Rigoberto is a member of the communal bank and he is pictured standing, fourth from the left. He has grey hair and wears glasses. He is a tinsmith, welder and plumber who offers his services every day of the week and has 30 years' experience. He owns manufactured as well as artisan tools which he has made. Rigoberto is involved mainly in installing and repairing cooking stoves.

He buys his materials and/or tools at construction materials dealers. He plans to use the loan to buy galvanizing materials.

His goal for the business is to set up a workshop where he would not only provide services but also sell material and tools. He also must obtain a permit to work without restrictions.

Rigoberto lives with his wife and a two-year-old granddaugther. His goal on a family level is to realize his work goals so he can provide a better quality of life to his family.

He is very grateful for the loan and services received from Fondo Esperanza. He enjoys the communal bank's group meetings because of the cooperation and sociability. Regarding training, he is excited about learning new strategies to put into practice at his businesss.

Temuco is the capital of the Araucaní region. The city is about 670 kilometers south of Santiago (capital of Chile). In the area there are several lake resorts (Pucón, Villarrica) and bright flora and fauna, concentrated in nearby natural parks. It is worth pointing out that in this region around 50% of the country's Mapuche indians live.
View original language description ↓
Este Banco comunal se llama “Aires Cordilleranos” lo conforman 19 emprendedores, quienes se dedican a diferentes rubros entre los cuales se encuentran, mueblistas, hojalateros, joyeros, criaderos de gallinas y producción de mermeladas entre otros. Todos ellos pertenecientes a la ciudad de Temuco.
Rigoberto integrante del Banco comunal, quien en la foto se encuentra en la primera fila de pie, ocupando la cuarta posición de izquierda a derecha. Su cabello es cano y usa anteojos. El se dedica a la hojalatería, soldadura y gasfitería, prestando sus servicios todos los días de la semana. Trabaja en éste oficio desde hace 30 años. Su negocio cuenta con herramientas de fabrica y artesanales, realizadas por el mismo. Rigoberto se dedica principalmente a la instalación de combustión y reparación de cocinas.
Sus materiales y/o herramientas las compra en distribuidoras de materiales de construcción.
Con el crédito comprará material para realizar galvanizado.
Sus metas en su negocio son instalarse con un taller, en el cual no solo se dedique a prestar servicios, sino también a vender material y herramientas, además debe obtener un permiso para trabajar sin restricciones.
Rigoberto vive junto a su esposa y su nieta de 2 años de edad. Sus sueños a nivel familiar son concretar sus proyecciones de trabajo para brindarle de ésta manera una mejor calidad de vida a su familia.
El se encuentra muy agradecido del crédito y servicios entregados por Fondo Esperanza, comenta que disfruta de las reuniones grupales del Banco comunal por la cooperación y sociabilidad que se ha dado. Respecto a las capacitaciones tiene muchas expectativas de aprender nuevas estrategias para ocuparlas a favor de su negocio.
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
  • 509.9
    Chile Pesos (CLP) = $1 USD

Success!! The loan was 100% repaid

A portion of Aires Cordilleranos Group's $3,400 loan helped a member to buy galvanizing materials.
100% repaid
Repayment Term
5 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Oct 20, 2011
Listed
Oct 23, 2011
Currency Exchange Loss:
Possible
Ended:
Feb 15, 2012