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Estrellas Group
In this Group: Bernardita, Jacqueline, Marcela, Rosa, Carmen Gloria, Luisa, Cecilia, Luis, Carlos, Jeorgina, Luis, Carolina, Juana, Jacqueline, María Paz
This communal bank is called Estrellas and is made up of 15 entrepreneurs who work in different areas, among which are selling clothing, selling arts and crafts, selling groceries, baking, food preparation, and others. All of them are from the city of Talca.

Bernardita is the president of the communal bank group. In the photo she is in the center of the first row, in the third place from the left. Her hair is black and she wears glasses. Also, she is wearing a white blouse, jeans, and light brown sandals. She works in the area of arts and crafts, specifically sewing, embroidering, and weaving. She has worked in this business for eight years. She promotes her work by word of mouth in accordance with what her customers show, and she sells door-to-door. She buys her merchandise from distributors located in the cities of Santiago and Talca.

With the loan she will buy a multipoint sewing machine to finish her jobs.

Her goal is to set up her business in an established place where she also can set up a workshop.

Bernardita lives with her husband and 22-year-old son, who works for somebody. One of her dreams is to study the profession of dressmaking and wardrobe, because for now she only has taken short-term courses and she wants to perfect herself more and with better results.

She is very happy about and grateful for the opportunity offered by Fondo Esperanza because she feels supported. Also, the loan will allow her to invest in her business. With regard to the group, she comments that it is welcoming and organized.

Talca is in the Maule region, located in the central part of the country. It is the administrative, economic, and cultural center of the region, being the most important city in the Central Valley of Chile. There is a curious allusion to Talca in Chile, the expression "Talca, Paris, and London." Among the many myths about the matter, some say that it derives from something an English person once said, "Talca looks like London" [Spanish "parece" 'looks like' and "París" 'Paris' sound alike] because of the abundant fog that frequently covers the city in the winter season, similar to the capital of the United Kingdom.
View original language description ↓
Este Banco comunal se llama “Estrellas” está conformado por 15 emprendedores, quienes se dedican a diferentes rubros, entre los cuales se encuentran venta de ropa, artesanía, venta de abarrotes, repostería y preparación de alimentos, entre otros. Todos ellos pertenecientes a la ciudad de Talca.
Bernardita presidenta del grupo del Banco comunal, quien en la foto se encuentra en la primera fila, al centro, ocupando el tercer lugar de izquierda a derecha. Su cabello es de color negro y usa anteojos. Además viste una blusa color blanco, jeans y chalas color café claro.
Ella se dedica al rubro de la artesanía específicamente a coser, bordar y tejer. Se desempeña en éste negocio desde hace 8 años. Promociona sus trabajos de boca en boca, de acuerdo a lo que exhiben sus clientes. Y los vende puerta a puerta.
Su mercadería la compra en distribuidoras ubicadas en la ciudad de Santiago y Talca.
Con el crédito comprará una maquina multipunto, para realizar las terminaciones de sus trabajos.
Sus metas son instalar su negocio en un local establecido, en el cual también pueda instalar un taller de trabajo.
Bernardita vive junto a su marido e hijo de 22 años, quien trabaja de manera dependiente. Uno de sus sueños es estudiar la carrera de confección y vestuario. Ya que por ahora solo ha realizado cursos de corto tiempo y ella quiere perfeccionarse más y mejor.
Ella está muy contenta y agradecida de la oportunidad brindada por Fondo esperanza, ya que se siente apoyada y el crédito además le permitirá invertir en su negocio.
Respecto al grupo comenta que éste es acogedor y organizado.
Talca pertenece a la región del Maule, ubicada en la zona centro del país. Constituye el centro administrativo, económico y cultural de la región, siendo la ciudad más importante del Valle Central chileno. Sobre Talca existe una curiosa referencia en Chile, la frase "Talca, París, y Londres". Entre los mitos al respecto, algunos dicen que es una derivación de la originalmente dicha por un inglés "Talca parece Londres", por la abundante neblina que cubre frecuentemente la ciudad en la temporada invernal, a semejanza de la capital del Reino Unido.

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 Estrellas Group's $2,600 loan helped a member to buy a multipoint sewing machine to finish her jobs.
100% repaid
Repayment Term
5 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Mar 2, 2012
Listed
Mar 26, 2012
Currency Exchange Loss:
Possible
Ended:
Jul 15, 2012