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Camino Al Mar Group
In this Group: Marina, Nancy, Miriam, Maria, José, Luis, Ximena, Osacar, Luz, Miriam, Graciela, Maria, Olga, Patricia, Maria, Veronica, Yasna, Teresa, Nicole, Liset
This community bank is called "Camino al Mar" and it is made up of 20 entrepreneurs who work in different fields including handicrafts, selling firewood, selling clothing, processing fleece (sheep skin or wool), etc. All of the bank's members live in the city of Puerto Montt.

Marina is a member of this community bank. She is in the second row of the photo, in the middle. She is smiling, has short hair, and is wearing a coffee-colored sweater. She is in the craft business. In particular, she makes Mapuche [Indian] woven items and knitted items.

Marina has been in this business for one and a half years. She is mainly self taught but has also taken some craft courses in weaving and sewing. She says that it is always good to learn as this means that she is able to continue innovating with exclusive products. She sells her products in a municipal craft fair where she rents a stall and canopy. In addition, her daughter sells her products on the Internet. She says that her peak season is during the summer as this is when there are a lot of tourists and cruises. She buys her merchandise from a small wholesaler's where they specialize in processing yarn. Marina will use her loan to buy spun yarn and fleece.

Marina's goals for her business are to have her own premises which will give her financial stability. Marina lives together with her husband and her two children who are 28 and 16 years old. Her dreams on a personal level are to continue doing well in her business so that she can provide her family with better well-being and a better quality of life.

Marina's motivation to continue making her handicrafts is that she really enjoys what she does. She is very happy and thankful for the services provided by Fondo Esperanza and, above all, for the good service and welcome.

As far as her community bank is concerned, she tells us that it has been a good experience for her and that the other entrepreneurs have been committed to both the group and each of their businesses. The training sessions have helped her to run her business well.

Puerto Montt is a city in the south of Chile, in Los Lagos region. Some of the city's attractions are its beautiful green landscapes, its quiet beaches, its cuisine, the reputation of its fish and seafood, and its handicrafts. It is also an entry point to Isla Grande de Chiloé which is rich in tradition and legends.
View original language description ↓
Este Banco comunal se llama “Camino al Mar”, lo conforman 20 emprendedores quienes se dedican a diferentes rubros entre los cuales se encuentran artesanía, venta de leña, venta de ropa, procesamiento de vellón (piel o lana de oveja), entre otros. Todos ellos pertenecientes a la ciudad de Puerto Montt.
Marina integrante del Banco comunal, quien en la foto se encuentra en la segunda fila, en el lugar de en medio, sonriendo, quien además usa su cabello corto y un sweater color café. Se dedica al rubro de la artesanía específicamente realizando telares mapuches y tejidos.
Se dedica a éste oficio desde hace un año y medio. Ella ha sido autónoma con sus aprendizajes, pero también ha realizado algunos cursos de artesanía, costuras telares, comenta que siempre es bueno aprender, ya que de esta manera va innovando con productos exclusivos. Sus productos los comercializa en una feria artesanal municipal, donde arrienda un puesto y una carpa, además su hija ofrece sus productos por internet, los cuales también se venden. Comenta que la temporada de más alta demanda es durante el verano, ya que es en esta fecha donde llega una gran cantidad de turistas y cruceros. Su mercadería la compra en una pequeña distribuidora, lugar donde se especializan en el proceso de la lana.
Con el crédito comprará lana hilada y vellón.
Las metas para su negocio son tener un local propio que le brinde una estabilidad económica.
Marina vive junto a su marido y sus dos hijos de 28 y 16 años de edad, sus sueños a nivel personal son seguir prosperando en su negocio, para poder brindarle a su familia un mejor bienestar en su calidad de vida.
Las motivaciones de Marina de continuar con la artesanía se deben a que disfruta mucho lo que realiza.
Marina está muy contenta y agradecida de los servicios entregados por Fondo Esperanza, sobre todo por el buen trato y acogida.
Respecto al grupo del Banco comunal del cual forma parte, comenta que ha sido una buena experiencia y que los demás emprendedores han sido comprometidos con el grupo y cada uno de sus negocios. Las capacitaciones por su parte le han servido para llevar bien su negocio.
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
  • 490.0
    Chile Pesos (CLP) = $1 USD

Success!! The loan was 100% repaid

A portion of Camino Al Mar Group's $4,375 loan helped a member to buy spun yarn and fleece.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Oct 28, 2011
Listed
Nov 4, 2011
Currency Exchange Loss:
Possible
Ended:
Mar 15, 2012