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Vecinas Y Amigas Group
In this Group: Paula , Ana, Rosa, Erika, Ximena, Irene, Jose , Tamara, Paola, Cristina, Maria, Ively, Marinka, Maria, Ana
The Community Bank, “Vecinas Y Amigas” (Neighbors and Friends) is made up of 15 entrepreneurs who work in various trades, including clothing sales, toilet repair products, perfume sales, catalog clothing sales, general store sales, honey sales, etc. All the members belong to the community of Colina, in the city of Santiago.

Paula is the president of the Community Bank, and in the photo, she is standing in the center of the second row, and is dressed in a white shirt with her hair up. She makes a living selling new clothing, and she has worked in this industry for three years. She buys her merchandise in Santiago or custom orders it from the city of Ligua.

With the support from this loan, Paula plans to purchase vests in various sizes and designs for resale to her customers. Her goal and dream in life is to eventually have her own store, so that she can generate more income and improve her quality of life. She lives with her husband, who is a mine worker. Their three children are in school.

Paula is very happy and grateful for the loan and services provided for her by Fondo Esperanza. She also comments that she has felt very comfortable in the bank meetings, as the people there are generous and unified in their goals.

Colina is a community in the greater Santiago metropolitan area (where Santiago, the capital city of Chile, is located). Colina is currently an important hub for investments, especially in the agro-industrial sector, since large companies have recently started up operations there and employ a large number of people from the community. It is also an area of subdividing and development, which has led to an increase in the number of inhabitants. Colina has tourist attractions, too, including thermal hot springs, water sports at Laguna Piedra Roja (Red Rock Lagoon), and mountaineering in the mountains nearby.
View original language description ↓
Este Banco comunal se llama “Vecinas Y amigas” está conformado por 15 emprendedores que se dedican al rubro del comercio, específicamente venta de ropa, artículos de aseo, venta de perfumes, venta de ropa por catalogo, almacén, venta de miel, servicio entre otros. Todos ellos pertenecientes a la comuna de colina ubicada en la ciudad de Santiago.
Paula, presidenta del grupo del Banco Comunal, quien en la foto se encuentra de pie en el centro de la segunda fila, viste una polera blanca, su Cabello lo usa tomado.
Ella se dedica al rubro de venta de ropa nueva, se ocupa de este negocio desde hace 3 años.
Su mercadería la compra en Santiago o por encargo a la ciudad de la Ligua.
Con el crédito comprará chalecos de diferentes tallas y modelos para su clientela. Sus metas son poder tener una tienda, para generar mayores ingresos, así con esto optar a una mejor calidad de vida.
Paula vive junto a su marido, quien trabaja como minero, y sus 3 hijos que estudian. Sus sueños son tener una tienda.
Paula está muy contenta y agradecida del crédito y servicios otorgados por Fondo Esperanza. Además comenta que se siente muy cómoda con las reuniones y grupo del Banco Comunal, ya que existe generosidad y unidad.
Colina es una comuna de la región metropolitana (donde está Santiago, capital de Chile) ubicada al norte de la misma. Actualmente es centro de importantes inversiones, principalmente en el área agro industrial, debido a la instalación de grandes e importantes empresas, que de paso entregan un gran número de empleos a la comunidad. Es también un área de parcelaciones de agrado, lo que ha contribuido a aumentar considerablemente el número de habitantes. También cuenta con espacios adecuados al turismo, tales como termas, deporte en la Laguna Piedra Roja y montañismo.

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
  • 485.6
    Chile Pesos (CLP) = $1 USD

Success!! The loan was 100% repaid

A portion of Vecinas Y Amigas Group's $3,700 loan helped a member to purchase vests of various sizes and designs for resale to customers.
100% repaid
Repayment Term
5 months (Additional Information)
Repayment Schedule
Apr 17, 2012
May 21, 2012
Currency Exchange Loss:
Aug 15, 2012