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Emprendedores De La Juan Antonio Ríos Group
In this Group: Bernarda, Mónica , Julia, Jessica, Sonia, Marisol, Katerine, Fernando, Francisco, Susana, Claudia, Luis, Beatriz, Mary, Nicole, Liza, Juan, Elena, Elena
This Communal Bank is called "Emprendedores de la Juan Antonio Ríos" (Entrepreneurs of Juan Antonio Ríos), which consists of 19 members who engage in different trades such as grocery stores, sewing and dressmaking, and other retail businesses that involve selling various products at the open fairs. All of them are from the community of Independencia, which is located in the city of Santiago.


Bernarda is seen in the photo standing in the second row (first person going from right to left) and wearing a black t-shirt. Her hair is dark chestnut brown and she is wearing it down. Also, she is holding a Fondo Esperanza folder in her arms. Bernarda has operated a beauty salon for the past three years. She offers her services from her home Monday through Sunday and works on a flexible schedule. Her customers include neighbors, acquaintances, and relatives. She said that she completed a course at a recognized institution. Her merchandise is purchased at a shopping center that specializes in selling beauty products at low cost to retail customers. With this loan, she will buy machines used for men's haircuts. One of her goals is to expand her clientele so that she can open a salon in an established location.


Bernarda lives with her husband and three children (ages 19, 12, and 1). Her dreams are to provide her family a better quality of life. She is very pleased and grateful for the opportunity provided by Fondo Esperanza, which has been a great help to her business and for her family. Bernarda says that her Communal Bank group is very responsible and the training classes have taught her new investment strategies and accounting techniques. All of these tools will help her have a successful business.


Independencia is one of 34 communities that make up Santiago, the Chilean capital. It is located in the north-central section. In the 19th century, Independencia emerged as one of the more traditional sectors of the city. The main thoroughfare is Independencia Avenue, which served as the old Incan Road and the gateway to the north from the city of Santiago. Given the growing indigenous population, Independencia is known as the "Indigenous Cultural Center of Chile". It also has important historical sites, including six Chilean historical monuments.

View original language description ↓
Este Banco comunal se llama “Emprendedores de la Juan Antonio Ríos”, está conformado por 19 emprendedores, quienes se dedican a diferentes rubros, entre los cuales se encuentran almacenes de abarrotes, confección y costura, y otros vendiendo diferentes productos en ferias libres. Todos ellos pertenecientes a la comuna de Independencia, ubicada en la ciudad de Santiago.
Bernarda, quien en la foto se encuentra en la segunda fila de pie, ocupando el primer lugar de derecha a izquierda, vistiendo una polera color negro, su cabello es de color castaño oscuro y lo usa suelto, quien además sostiene una carpeta de la institución en sus brazos.
Ella se dedica al rubro de la peluquería desde hace tres años. Presta sus servicios de peluquería a domicilio de lunes a domingo en horario flexible. Sus clientes son vecinos, conocidos y familiares.
Comenta que realizó un curso en una reconocida institución.
Su mercadería la compra en un centro comercial, especialistas en vender productos de belleza a bajo costo para comerciantes.
Con el crédito comprará máquinas para cortes de cabello de hombres.
Una de sus metas es aumentar su clientela, a través de la instalación de una peluquería en un local establecido.
Bernarda vive junto a su marido y sus tres hijos de 19, 12 y 1 año de edad. Sus sueños son brindarle a su familia una mejor calidad de vida.
Ella está muy contenta y agradecida de la oportunidad brindada por Fondo esperanza, ya que ha sido una gran ayuda para su negocio y por ende su familia.
Comenta que el grupo del Banco comunal del cual forma parte es muy responsable y que con las capacitaciones ha logrado conocer nuevas estrategias de inversión y contabilidad. Todo esto para llevar un buen negocio.
Independencia es una de las 34 comunas que componen la ciudad de Santiago (capital de Chile), ubicada en el sector centro-norte. Surgió a fines del siglo XIX como un sector tradicional de la ciudad. Su eje principal es la Av. Independencia, por la cual pasaba el antiguo Camino del Inca, puerta de entrada por el norte, a la ciudad de Santiago. Dada su amplia población indígena, en Independencia se encuentra el Centro Cultural Indígena de Chile. Cuenta también con importantes construcciones históricas, entre ellas 6 monumentos históricos de Chile.

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
  • $2,587,775
    Funds lent in using Kiva
  • 491.4
    Chile Pesos (CLP) = $1 USD

Success!! The loan was 100% repaid

A portion of Emprendedores De La Juan Antonio Ríos Group's $5,100 loan helped a member to buy clipping machines used for men's haircuts.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Feb 29, 2012
Listed
Mar 19, 2012
Currency Exchange Loss:
Possible
Ended:
Jul 15, 2012