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Sueños Cordilleranos Group
In this Group: María Fernanda, Rosa, Uriela, Ana María, Margarita, Elsa, Adriana, Johana, Rosa, Alejandra, Ricardina, Nelly, Raquel, Cira, Vitalia, María Inés, Cecilia, Lidia, Berta, Alicia
The “Sueños cordilleranos” Communal Bank is comprised of 20 entrepreneurs who work in different areas. This includes (amongst other things) the preparation of fast food and cakes, and the sale of clothes. All of the entrepreneurs live in the town of Machalí.

María Fernanda is a member of the Communal Bank. In the photograph she is the lady on the first, from left to right. She has short hair and is wearing a check shirt. She prepares snack foods including roast chicken, pies, homemade bread, tamales (a Native American dish) and "pasteles de choclo" a typical corn dish. All the food is prepared from home as she has a clay oven (wood burner).

She has worked in this area for 15 years. She lives in a rural area in the countryside, which has enabled her to plant vegetables - beans and corn amongst other things - on her own land, and she harvests her crops to use them to prepare her dishes.

She buys ingredients such as flour and meat from a wholesaler located in Rancagua city.

With the loan she will buy a bread maker.

Her ambition is to continue working and to set up suitable, more spacious premises to attend to her customers.

María Fernanda lives with her husband and 19 year old son who is studying a degree in Mining Engineering. Her dream is that her son will become a professional.

She is very happy and grateful for the support offered by "Fondo Esperanza" as it has enabled her to invest in her business. She also enjoys the meetings held at the Communal Bank as the training has taught her to better distribute her income. She says she has also made friends with some members of the group in which there is confidence and respect.

Machalí is a town in the central part of Chile, located in the Libertador Bernardo O´Higgins region. The “El Teniente”, the largest subterranean copper mine in the world, can be found here. Campamento Sewell is located at the entrance to the mine, declared a "Zona Típica" (Typical Zone as decreed by the National Monuments Council of Chile), Cultural Heritage Tourism and World Heritage site due to its unique architecture and construction unique to its location and structure.
View original language description ↓
Este Banco comunal se llama “Sueños cordilleranos” está conformado por 20 emprendedoras, quienes se dedican a diferentes rubros entre los cuales se encuentran preparación de comida rápida, pasteles y venta de ropa entre otros. Todas ellas pertenecientes a la comuna de Machalí.
María Fernanda integrante del Banco comunal, quien en la foto se encuentra en primera fila, ubicada en el segundo lugar de izquierda a derecha, vistiendo una blusa cuadrilles y usando su cabello corto. Se dedica a la preparación de almuerzos, entre los cuales se encuentran pollo asado, empanadas, pan amasado, humitas y pastel de choclo.
Toda esta comida la prepara desde su casa, ya que cuenta con un horno de barro (horno a leña).
Trabaja en éste rubro desde hace 15 años. Comento que vive en un sector rural, en el campo lo que le ha permitido plantar vegetales, como porotos, choclos entre otros, en su mismo terreno, por lo tanto cosecha sus alimentos para después prepararlos.
Sus ingredientes como la harina y la carne las compra en una distribuidora, ubicada en la ciudad de Rancagua.
Con el crédito comprará una máquina amasadora.
Las metas en su negocio son seguir trabajando y adaptar un local apropiado para atender a sus clientes, en un espacio más amplio.
María Fernanda vive junto a su esposo e hijo de 19 años de edad, quien estudia la carrera de Técnico en minas. Su sueño es que su hijo sea un profesional.
Ella está muy contenta y agradecida del apoyo brindado por Fondo esperanza, ya que le ha permitido invertir en su negocio. Además disfruta de las reuniones impartidas en el Banco comunal, ya que con las capacitaciones ha aprendido a distribuir de mejor manera sus ingresos.
Comenta que también ha generado lazos de amistad con algunas integrantes del grupo, donde existe confianza y respeto.
Machalí es una comuna de la zona central de Chile, ubicada en la región del Libertador Bernardo O´Higgins . En esta comuna se encuentra “El Teniente”, la mina subterránea de cobre más grande del mundo. A la entrada del yacimiento se encuentra el Campamento Sewell, declarado Zona Típica, Patrimonio Turístico y Cultural y Patrimonio de la Humanidad, debido a su construcción y arquitectura únicas por su ubicación y estructura.

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

  • $14,900
    Average annual income
  • 0
    View loans »
    Chile Loans Fundraising
  • $2,552,775
    Funds lent in using Kiva
  • 518.1
    Chile Pesos (CLP) = $1 USD

Success!! The loan was 100% repaid

A portion of Sueños Cordilleranos Group's $4,275 loan helped a member comprará una máquina amasadora.
100% repaid
Repayment Term
5 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Nov 23, 2011
Listed
Nov 24, 2011
Currency Exchange Loss:
Possible
Ended:
Mar 15, 2012