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Rincones Del Sur Group
In this Group: Ximena, Guillermina, Cecilia, Claudia, Isaira, Juan, Viviana, Zoila, Ana, Ingrid, Sandra, Aída, Juana, Olga, María Eliana, Cristian, Dagoberto, Paloma
This communal bank called “Rincones del Sur” is comprised of 18 entrepreneurs who work in different fields. These businesses include selling clothing and fruit as well as making clothes and curtains. The majority of the entrepreneurs work at rotating fairs. They all live in the city of Osorno.
Ximena is president of the communal bank. In this photo, she is seated in the first row, in the first seat going from right to left. She is wearing a lilac colored hoodie and jeans. Her hair is down and it is dark brown.
She makes fast food, mainly seafood empanadas. She has been in this business for two years, working from her home and getting help from her family. She works during the weekends from eight in the morning until four in the evening.
She advertises her food by word of mouth and also by using signs.
Her merchandise is bought by wholesalers and distributors.
With the loan, she will purchase seafood and sausages.
One of her goals is to set up a business in her home in order to work in an area independent from her home’s kitchen.
Ximena lives with her husband and their two children who are 14 and 18 years old. One of her dreams, at a personal level, is to finish her early-education degree.
She is very happy and grateful for the opportunity to invest in her business granted by the Fondo Esperanza. She comments that she feels very comfortable in the meetings since the group is committed and collaborating.
On the subject of trainings, they have helped her to generate new sales strategies.
Osorno is a city located in the in southern area of Chile, in the region of Los Lagos. This is an important agricultural center known as “The Homeland of Milk and Land of Meat” (La Patria de la Leche y Tierra de la Carne) in Chile.
The agricultural areas that stand out are the cultivation of wheat and oats, raising livestock for meat and dairy processing as well as the manufacturing of farm equipment.
The only roof-covered soccer stadium in Chile, the "Rubén Marcos” city stadium, is located in Osorno.
View original language description ↓
Este Banco comunal se llama “Rincones del Sur” está conformado por 18 emprendedores, quienes se dedican a diferentes rubros, entre los cuales se encuentran venta de ropa, venta de frutas, confección de ropa y cortinaje, la mayoría de ellos trabajan en ferias libres rotativamente. Todos ellos pertenecientes a la ciudad de Osorno.
Ximena presidenta del grupo del Banco comunal, quien en la foto se encuentra sentada en primera fila, ocupando el primer lugar de derecha a izquierda. Viste un polerón color lila y usa jeans, usa su cabello suelto y éste es de color castaño oscuro.
Ella se dedica a la preparación de comida rápida, generalmente vende empanadas de mariscos. Se dedica a éste rubro desde hace dos años, desde su casa y recibe la colaboración de su familia. Trabaja los fines de semana con un horario de 8ºº de la mañana hasta las 4ºº de la tarde.
Sus preparaciones las promociona de boca en boca y también con letreros.
Su mercadería la compra a mayoristas y también en distribuidoras.
Con el crédito comprará mariscos y embutidos.
Una de sus metas es habilitar una local al interior de su casa, en la cual pueda trabajar de manera independiente de la cocina de su casa.
Ximena vive junto a su marido y sus dos hijos de 14 y 8 años de edad. Uno de sus sueños a nivel personal es terminar de estudiar la carrera de Educación de Párvulo.
Ella está muy contenta y agradecida de la oportunidad que le otorga Fondo esperanza para invertir en su negocio. Comenta que siente muy cómoda con las reuniones, ya que el grupo es comprometido y colaborador.
Respecto a las capacitaciones, estas le han ayudado a generar nuevas estrategias de venta.
Osorno es una ciudad que se ubica en la zona sur de Chile, región de Los Lagos. Es un importante centro agropecuario que se identifica como "La Patria de la Leche y Tierra de la Carne" de Chile. Dentro de su actividad agropecuaria se destaca el cultivo de trigo y avena, la crianza de ganado, para el procesamiento de carnes y lácteos además de la fabricación de equipos agrarios.
Destaca en Osorno el único estadio de fútbol techado de Chile, el Estadio Municipal "Rubén Marcos”.

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
  • 481.9
    Chile Pesos (CLP) = $1 USD

Success!! The loan was 100% repaid

A portion of Rincones Del Sur Group's $5,750 loan helped a member purchase seafood and sausages.
100% repaid
Repayment Term
7 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Feb 21, 2012
Listed
Mar 24, 2012
Currency Exchange Loss:
Possible
Ended:
Aug 15, 2012