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Genesis Padre Las Casas Group
In this Group: María Verónica, José, María José, Emilia, Jeannette, Luisa, Teresa, María Elizabeth, Irma, Mariela, Patricia, Raquel, Pedro, María, María Soledad, Viviana, Víctor, Jacqueline, Rocio, Juan Carlos, Magdalena, Eliana
This communal bank is named “Génesis Padre Las Casas.” It is made up of 22 entrepreneurs who all work in different areas, including: clothing sales, fruit sales, vegetable sales, confectionery sales, and other businesses. They all live in the Padre de las Casas township, located in the city of Temuco.

María Verónica is the treasurer of the communal bank. In the photo, she is the first person seated on the left wearing glasses, with short dark brown hair and bangs. She is wearing a pale pink jacket, a floral print shirt and jeans.

María Verónica has had a business selling new and used clothing and used shoes for 15 years. She also sells knitted items that she makes herself, and undergarments. She comments that she has a stable place to sell, and that she pays for a municipal permit so that she can continue with her business. She works from 8am until 3 in the afternoon. She will use this loan to buy wool to make her knitted items.

One of María Verónica's goals is to continue to grow her business so that in the future she could sell only new clothes. She wants to become a businesswoman. She lives with her husband and her daughter, who is in high school.

María Verónica is very content and grateful for the opportunity provided by Fondo Esperanza, because it will enable her to invest in her business. With regard to her communal bank, she says that within the bank there is very good communication. Also, the training has helped her to learn new sales strategies and accounting.

Padre Las Casa is a township in southern Chile, close to the city of Temuco in the Araucanía region. It was named in honor of the Spanish priest Bartolomé de Las Casas, who defended the indigenous people during the conquest of America. A large number of indigenous Mapuche people live in this township. Its economy is based on agroindustry and commercial services.
View original language description ↓
Este Banco comunal se llama “Génesis Padre Las Casas” está conformado por 22 emprendedores, quienes se dedican a diferentes rubros, entre los cuales se encuentran venta de ropa, venta de frutas, venta de verduras, repostería, entre otros. Todos ellos pertenecientes a la comuna de Padre de las Casas, ubicada en la ciudad de Temuco.
María Verónica tesorera del grupo del Banco comunal, quien en la foto se encuentra sentada en primera fila y ocupa el primer puesto de izquierda a derecha. Ella usa anteojos, su cabello es corto con chasquilla y de color castaño oscuro. Viste un chaleco color palo rosa y una polera floreada, además usa jeans.
Ella se dedica a vender ropa nueva, usada y zapatos usados, desde hace 15 años. Además vende tejidos que ella misma realiza y ropa interior. Comenta que tiene un local estable y que paga un permiso municipal, para continuar atendiendo su negocio. Su horario de trabajo es de 8ºº de la mañana hasta las 3ºº de la tarde.
Con el crédito comprará lanas para sus tejidos.
Una de sus metas es seguir creciendo con su negocio y más adelante solo vender ropa nueva, quiere llegar a ser una empresaria.
María Verónica vive junto a su marido y su hija, quien estudia en la educación media.
Ella se encuentra muy contenta y agradecida de la oportunidad brindada por Fondo esperanza, ya que le permitirá invertir en su negocio.
Respecto al grupo del Banco comunal del cual forma parte, comenta que en éste existe muy buena comunicación. Por otro lado las capacitaciones, le han servido para aprender nuevas estrategias de venta y contabilidad.
Padre Las Casas es una comuna del sur de Chile, cercana a la ciudad de Temuco, región de la Araucanía. Su nombre le fue dado en honor al sacerdote español Bartolomé de Las Casas, quien fue un defensor de los indígenas durante la conquista de América. Destaca una numerosa población mapuche en esta comuna. Basa su economía en la agroindustria y servicios comerciales.

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
  • 482.4
    Chile Pesos (CLP) = $1 USD

Success!! The loan was 100% repaid

A portion of Genesis Padre Las Casas Group's $6,800 loan helped a member to buy wool to make knitted items.
100% repaid
Repayment Term
5 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Mar 9, 2012
Listed
Mar 28, 2012
Currency Exchange Loss:
Possible
Ended:
Jul 15, 2012