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Juntos Podemos Confluencia Group
In this Group: Margarita, Isabel , Nancy, Tomás, Graciela, Yarna, Teresa, Carolina, Amelia, Robinson, Olfa, Roberto, Alejandro, Cecilia, Katerine, Jacqueline, Elizabeth
This communal bank called “Juntos Podemos Confluencia” [Together We Can Find Common Ground], comprises 17 entrepreneurs who do different types of activities, among which are providing music for events, selling clothing, selling cosmetics from catalogs, running grocery stores, and preparing fast foods. All of them live in the city of Chillán.

Margarita, a member of the communal bank, is the first person on the left in the photo. Her hair is dark brown, and she wears it up. She is wearing a black shirt and beige pants. She is also waving her right hand.

For 4 years she has managed a soda fountain, which her husband built. He works in construction. She is only there on the weekends from 11 am until 11 pm continuously, since usually Saturdays and Sundays are the busiest days, especially at the end of the month (paydays for her customers).
She normally buys her merchandise once or twice a week from distributors and wholesale supermarkets in Chillán. With this loan, she will buy steaks, hot dogs, hamburgers, beverages, bread, tomatoes, avocados, mayonnaise, ketchup and a gallon of gas. One of her goals is to convert her soda fountain into a restaurant or eatery, where she could offer a wider variety of prepared foods. She also says she needs a potato fryer.

Margarita lives with her husband and two girls, who are 6 and 2 years old. Her oldest daughter attends high school. She is very happy and grateful for the opportunity offered by Fondo Esperanza. This investment would allow her to sell much more. With respect to her communal bank, she says she feels very comfortable and pleased to be a member.

Chillán is a town in south-central Chile. Its name means “seat of the sun” in mapudungun, the language of our indigenous mapuches. Chillán is known as “Cradle of the Homeland” or “Land of Artists” because it has been the birthplace of distinguished people like, for example, the well-known pianist Claudio Arrau.
View original language description ↓
Este Banco comunal se llama “Juntos Podemos Confluencia” está conformado por 17 emprendedores, quienes se dedican a diferentes rubros, entre los cuales se encuentran servicios de música para eventos, venta de ropa, venta de cosméticos por catalogo, almacenes de abarrotes y preparación de comida rápida entre otros. Todos ellos pertenecientes a la ciudad de Chillán.
Margarita integrante del grupo del Banco comunal, quien en la foto se encuentra en el primer lugar de izquierda a derecha, su cabello es de color castaño oscuro y lo usa recogido. Viste una polera color negro y usa pantalones color beige. Además su mano derecha la tiene alzada para saludar.
Ella se dedica a atender una fuente de soda desde hace 4 años, éste local lo construyó su marido, quien se dedica a la construcción como oficio. Ella atiende solo los fines de semana desde las 11º de la mañana hasta las 11ºº de la noche en horario continuado, ya que generalmente los sábados y domingos son días de alta demanda, sobre todo los fines de mes (fechas de pago de sus clientes).
Su mercadería la compra usualmente en distribuidoras y supermercados mayoristas en la ciudad de Chillán, una o dos veces a la semana.
Con el crédito comprará churrascos, vienesas, hamburguesas, bebidas, pan, tomate, palta, mayonesa, kétchup y un galón de gas.
Una de sus metas es convertir su fuente de soda en un restaurante o cocinería, donde pueda ofrecer una mayor variedad de platos preparados.
Además comenta que necesita comprar una freidora de papas.
Margarita vive junto a su marido y sus hijas de 6 y 2 años de edad, la mayor de sus hijas asiste al colegio.
Ella está muy contenta y agradecida de la oportunidad brindada por Fondo esperanza, ya que con ésta inversión que realizará le permitirá vender mucho más.
Respecto al grupo del Banco comunal del cual forma parte, ella comenta que se siente muy cómoda y contenta.
Chillán es una comuna de la zona centro sur de Chile. Su nombre significa “silla del sol” en mapudungun, idioma de nuestros indígenas mapuches. Chillán es conocida como “Cuna de la Patria” o “Tierra de Artistas”, debido a que en la ciudad han nacido destacados personajes de la historia de Chile, como por ejemplo el conocido pianista Claudio Arrau.

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
  • 484.7
    Chile Pesos (CLP) = $1 USD

Success!! The loan was 100% repaid

A portion of Juntos Podemos Confluencia Group's $2,975 loan helped a member to buy steaks, hot dogs, hamburgers, beverages, bread, tomatoes, avocados, mayonnaise, ketchup and a gallon of gas.
100% repaid
Repayment Term
5 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Mar 6, 2012
Listed
Mar 20, 2012
Currency Exchange Loss:
Possible
Ended:
Jul 15, 2012