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Oportunidad Para Todos Group
In this Group: Eglae, Carmen, Stefany, Jessica, Monica, Pamela, Denis, Karen, Myriam, Digna, Pamela, Luis, Sandy, Luis, Irene
This Communal Bank is called "Oportunidad para Todos" (Opportunity for All) and consists of 15 entrepreneurs who engage in various trades including street vendors, shoe merchants, clothing merchants, bakers, store owners, service providers, and other occupations. All of them are from the community of Macul, which is located in the city of Santiago.


Eglae, the president of this Communal Bank, appears in the photo seated in the front row. She is wearing blue jeans and a black pullover shirt with a red heart in the middle. She is also wearing a coffee-colored jacket and holding a purse. Eglae is wearing earrings and has dark brown hair that she wears hanging down. She is a used clothing merchant and has been in this business for two years. Her vending post is located at the open fairs that are held Tuesday through Sunday. Her inventory of merchandise contains a diverse array of clothing, mostly garments for people of all ages. Eglae usually acquires her merchandise in the city of Santiago, where the goods are cheaper and offered in wider varieties. She will use her loan to buy jackets, shoes, and hoodies since these types of articles are lacking in her business. Her goals are to acquire a shop or a fixed post at the fair, to be able to attend to her customers in a more calmer setting, and to choose a better quality of life.


Eglae lives with her husband, who works as an assistant mechanic, and their three children (ages, 19, 17, and 9) who are studying. Her dreams are to acquire a shop with good conditions for selling clothes and to provide her family a better quality of life. She is very pleased and appreciative of the loans provided by Fondo Esperanza. In addition, she feels very comfortable at the meetings with her Communal Bank group, which has exhibited generosity and unity.


Macul is a community that is located in the central-western section of Santiago. It is primarily a residential and industrial area. Within the same community, there is a wide range of socioeconomic levels. To the south, there are very modest neighborhoods, while in the north there are sections with higher incomes, especially the neighborhoods bordering the community of Ñuñoa.

View original language description ↓
Este Banco Comunal se llama “Oportunidad para todos” está conformado por 15 emprendedores quienes se dedican a diferentes rubros, entre los cuales se encuentran; feriantes, venta de calzado, venta de ropa, venta de pan amasado y empanadas, almacén, servicios entre otros. Todos ellos pertenecientes a la comuna de Macul ubicada en la ciudad de Santiago.
Eglae, presidenta del grupo del Banco Comunal, quien en la foto se encuentra en el centro sentada en primera fila, viste pantalón azul, polera negra que en el centro lleva un corazón de color rojo y encima lleva puesto una chaqueta de color café y una cartera, usa aros y su cabello es de color castaño oscuro y lo usa suelto.
Ella se dedica al rubro de venta de ropa usada, se ocupa de este negocio desde hace 2 años. Su puesto lo ubica en ferias libres, los días martes a domingo. Su mercadería en ropa es diversa, ya que generalmente sus productos son para todas las edades y personas.
Su mercadería usualmente la compra en la ciudad de Santiago por ser mas económica y de gran variedad.
Con el crédito comprará chaquetas, zapatos, polerones, ya que este tipo de ropa le faltaba agregar a su negocio.
Sus metas son tener la posibilidad de adquirir en local o un puesto fijo en la feria, para atender a su clientela de forma más tranquila, y así con esto optar a una mejor calidad de vida.
Eglae vive junto a su marido quien se encuentra trabajando de ayudante mecánico, y 3 hijos de 19, 17 y 9 quienes se encuentran estudiando. Sus sueños son obtener un local en buenas condiciones para la venta de ropa, y así darle a su familia una mejor calidad de vida.
Eglae 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.
Es una comuna de Santiago que se encuentra ubicada en el sector centro-oriente, Es una zona eminentemente residencial e industrial, Dentro de la misma comuna, hay una gran variedad de estratos socioeconómicos. Hacia el sur, se encuentran los barrios más humildes, mientras que al norte, especialmente en los barrios limítrofes a la comuna de Ñuñoa, están los sectores con mejores ingresos.

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
  • $2,552,775
    Funds lent in using Kiva
  • 520.1
    Chile Pesos (CLP) = $1 USD

Success!! The loan was 100% repaid

A portion of Oportunidad Para Todos Group's $2,925 loan helped a member to buy jackets, shoes, and hoodies.
100% repaid
Repayment Term
5 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
May 14, 2012
Listed
Jun 5, 2012
Currency Exchange Loss:
Possible
Ended:
Sep 18, 2012