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El Salto De Pailahueque Group
In this Group: Irma, Olga, Elsa, Mario, Guillermo, Flor, Luis, Alejandra, María Elena, Isabel, Danexa, Soledad, Regina, Daniela, Mireya, Iris, Elizabeth, Prosperina
This communal bank, called "El Salto de Pailahueque", is made up of 18 entrepreneurs who make a living in different fields among which crafting, dressmaking, painting, and food preparation, among others, can be found. They are all from the city of Temuco.

In the photo, Irma can be found in the first row, second spot from the right, wearing a beige short-sleeved shirt. Her hair is short and copper-colored. She makes a living in the confectionery field, specifically in the production of cakes and pastries of different flavors and sizes. She has worked in this field for 12 years, and says she took a course in a group which included her at that time. She says that she has equipped a small place in her house so that she can prepare her products; nevertheless, she still cannot use it to sell directly to her clients because she still needs to obtain the health permit, which she will receive this year. For now she only sells by asking door to door. She buys her ingredients in wholesale supermarkets every three months. With the loan she will buy ingredients to prepare her confectionery products. One of her goals is to formalize her location and business in order to sell directly to her clients.

Irma lives with her husband who is retired, and also with her 20 year old son who studies psychology. One of her dreams in her personal life is to travel or spend a few days of relaxation in some thermal baths (baths of hot mineral water). She is very happy and grateful for the opportunity offered by Fondo Esperanza since it will allow her to invest in her business. Furthermore, she feels very comfortable participating with the other entrepreneurs since it is a good, united, and committed group. With regard to the training, she says it has bettered her business through accounting strategies and organization.

Temuco is the capital of the Araucanía region. The city is located 670 kilometers south of Santiago (the capital of Chile). In its surrounding areas there are a series of lake resorts (Pucón, Villarrica) and very colorful native flora and fauna concentrated in nearby nature parks. It's worth pointing out that 50% of the Mapuches, an indigenous people that live in our country, live in this region.
View original language description ↓
Este Banco comunal se llama “El Salto de Pailahueque” está conformado por 18 emprendedores, quienes se dedican a diferentes rubros, entre los cuales se encuentran artesanía, costuras, pintura y preparación de comida, entre otros. Todos ellos pertenecientes a la ciudad de Temuco.
Irma quien en la foto se encuentra en primera fila, ocupando el segundo lugar de derecha a izquierda. Viste una polera manga corta color beige. Su cabello es corto y de color cobrizo.
Ella se dedica al rubro de la repostería, específicamente a la producción de tortas y pasteles de diferentes sabores y tamaños. Se desempeña en este rubro desde hace 12 años, comenta que realizó un curso en un grupo del cual formaba parte, en ese tiempo.
Comenta que habilitó un pequeño local en su casa para preparar sus productos, sin embargo aún no lo puede formalizar para vender directamente a sus clientes, debido a que aún le falta por obtener el permiso de salubridad, el cual recibirá éste año. Por ahora solo vende a pedido y puerta a puerta.
Sus insumos los compra en supermercados mayoristas cada tres meses.
Con el crédito comprará ingredientes para preparar sus productos de repostería.
Una de sus metas es formalizar su local y negocio, para vender directamente a sus clientes.
Irma vive junto a su esposo, quien es jubilado y también junto a su hijo de 20 años de edad, quien estudia la carrera de psicología.
Uno de sus sueños, en el ámbito personal es viajar o tomarse algunos días de descanso en alguna terma (baños de aguas minerales calientes).
Ella está muy contenta y agradecida de la oportunidad brindada por Fondo esperanza, ya que le permitirá invertir en su negocio. Además se siente muy cómoda en participar con las demás emprendedoras, ya que el grupo es bueno, unido y comprometido. Respecto a las capacitaciones, comenta que la han orientado a mejorar el negocio a través de estrategias de contabilidad y organización.
Temuco es la capital de la región de la Araucanía. La ciudad se ubica a 670 kilómetros al sur de Santiago (capital de Chile). En sus alrededores se ubican una serie de balnearios lacustres (Pucón, Villarrica) y una flora y fauna nativa muy llamativas, concentrada en parques naturales cercanos. Cabe destacar que en esta región habita el 50% de los mapuches, pueblo indígena, existente en nuestro país.

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
  • 484.0
    Chile Pesos (CLP) = $1 USD

Success!! The loan was 100% repaid

A portion of El Salto De Pailahueque Group's $4,925 loan helped a member to buy ingredients to prepare her confectionery products.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Mar 19, 2012
Listed
Apr 24, 2012
Currency Exchange Loss:
Possible
Ended:
Aug 15, 2012