Check out some available loans that are similar to this one!
Ilusión De Crecer Group
In this Group: Alejandra, Rosa, Jimena, Sandra, Valeria, Jenny, Santiago, Nadia, Veronica, Segundo, Ada, Jocelyn, Eduviges, Ingrid, Sandra, Ema, Sandra, María
This communal bank is called “Ilusión de Crecer” and has 18 members who are in different lines of work among which we can mention clothing sales and preparation of traditional dishes from southern Chile, among others. All of them are from the city of Castro.

Alejandra is a member of the communal bank. In the photo she’s seated in the front row third from right to left wearing a sweatshirt and athletic shoes. She sells used and new clothes. She sells her items from home and also door to door to acquaintances and family members.

She’s been in this occupation for three years but comments that she’s done very well with her sales because she has a good number of customers and she’s also very motivated to continue because she comments that it provides her with certain personal and time independence because she can be flexible with her schedules and look after her children.

She buys her merchandise at wholesale in the Meiggs neighborhood located in the city of Santiago. The loan is to buy clothing to stock her business. Her business goal is to set up her store in a fixed locale.

Alejandra lives with her husband and two children who are 8 and 2 years old. Her dream is to prosper in her business to provide her family with a better quality of life.

She is very happy and grateful for the opportunity Fondo Esperanza has provided her to participate because she’s been able to invest in her business. On the other hand, the group in the communal bank is very pleasant and committed and a good communication exists among the entrepreneurs in the group.

Castro is the capital of Chiloé Island (the largest island in South America), in the Los Lagos Region in the south of Chile. Its natural surroundings are preserved with almost no human intervention. It has a culture that’s rich in myth and legends. One of its greatest attractions is the “palafitos” (houses) built on wooden stilts along the shore over the sea.
View original language description ↓
Este Banco comunal se llama “Ilusión de Crecer” está conformado por 18 emprendedores, quienes se dedican a diferentes rubros, por mencionar algunos se encuentran la venta de ropa, preparación de comida típica del sur de Chile, entre otros. Todos ellos pertenecientes a la ciudad de Castro.
Alejandra integrante del grupo del Banco comunal, quien en la foto se encuentra sentada en primera fila, ocupando el tercer puesto de derecha a izquierda, vistiendo un buzo completo y zapatillas deportivas. Se dedica a la venta de ropa nueva y usada. Sus productos los vende desde su propia casa y también los comercializa puerta a puerta, a sus conocidos y familiares.
Se dedica a éste oficio desde hace 3 meses, pero comenta que le ha ido muy bien con sus ventas, ya cuenta con un buen número de clientes y además está muy motivada de continuar, ya que comenta le brinda cierta independencia personal y con sus tiempos, ya que tiene la facilidad de flexibilizar sus horarios, para el cuidado de sus hijos.
Su mercadería la compra al por mayor en el Barrio Meiggs, ubicado en la ciudad de Santiago.
Con el crédito comprará ropa para abastecer su negocio.
Las metas para su negocio son instalar su negocio en un local establecido.
Alejandra vive junto a su marido y sus dos hijos de 8 y 2 años de edad. Sus sueños son prosperar en su negocio, para brindarle a su familia una mejor calidad de vida.
Ella está muy contenta y agradecida de la oportunidad que le ha brindado Fondo esperanza, para participar, ya que ha podido invertir en su negocio. Por otro lado el grupo del Banco comunal es muy ameno, comprometido y existe una muy buena comunicación entre los emprendedores del grupo.
Castro es capital de la isla de Chiloé (la isla más grande de América del Sur), en la región de Los Lagos, zona sur austral de Chile. Su paisaje natural se conserva casi en su totalidad sin intervención del hombre. Además posee una cultura de gran riqueza mítica y costumbrista. Uno de sus grandes atractivos son sus Palafitos, edificaciones (casas) construidas sobre pilotes de madera en la ribera, sobre el mar.

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
  • 514.0
    Chile Pesos (CLP) = $1 USD

Success!! The loan was 100% repaid

A portion of Ilusión De Crecer Group's $2,575 loan helped a member to buy clothes.
100% repaid
Repayment Term
5 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Dec 13, 2011
Listed
Dec 14, 2011
Currency Exchange Loss:
Possible
Ended:
Apr 15, 2012