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Emprendedores De La Juan Antonio Rios Group
In this Group: Nicole, Julia, Bernarda, Susana, Sonia, Marisol, Luis, Monica, Maria, Mary, Elena, Cristina, Jessica, Liza, Francisco, Claudia, Isabel, Ana
The 18 members of the Emprendedores de Juan Antonio Rios community bank operate various businesses that include clothing manufacture and sales, retail sales, hairdressing services, etc. All the members live in the Independencia neighborhood of Santiago.
Nicole, standing on the far left in the photo, is the president of the community bank. She operates a clothing business. Specifically, she has been making and selling women's clothing for 3 years. She says that she works in a space that she set aside at home for the business. She works from Mondays to Saturdays, with no set hours.
She tells us that she normally buys fabric from distributors in her neighborhood because she can get the best price there.
She will use this loan to buy a range of fabrics for making women's clothing.
For the future, she would like to buy specialized sewing machines--overlock, cutting, bordering, etc.--that will allow her to expand her business and, in turn, her income and quality of life.
Nicole lives with her husband and 5-year old daughter. Her work-related goals are to grow her business and sell to large retail buyers. Her family-related goal is to buy a house.
Nicole says that she is grateful for the support she's received from Fondo Esperanza. She adds that she likes her community bank very much because there's an air of generosity and mutual support that she values.
Independencia is one of 34 "comunas" of Santiago (the capital of Chile). It is a north-central neighborhood of the city and dates from the XIX century. Its main street is Av. Independencia, the main road in to Santiago from the north and along which once passed the old Camino del Inca. Because of its large indigenous population, Independencia is home to Chile's Centro Cultural Indigena. Many historic buildings are located in Independencia, as well, including 6 national monuments.
View original language description ↓
Este Banco Comunal se llama “Emprendedores de la Juan Antonio Ríos” está conformado por 18 emprendedores quienes se dedican a diferentes rubros, entre los cuales se encuentran; confección, feriantes, venta de artículos de cumpleaños, peluquería, almacén. Todos ellos pertenecientes a la comuna de Independencia ubicada en la ciudad de Santiago.
Nicole, presidenta del grupo del Banco Comunal, quien en la foto se encuentra de pie en primera fila, ocupando el primer lugar de izquierda a derecha, viste un pantalón de color azul, encima lleva puesto un chaleco de color café, usa un cartera de color café, y su cabello lo usa tomado.
Ella se dedica al rubro de la confección, específicamente a la confección de ropa de mujer, desde hace 3 años. Comenta que trabaja en su taller establecido en su casa, de lunes a sábado y su horario de trabajo lo distribuye de acuerdo a su disponibilidad.
Su mercadería usualmente la compra en diferentes distribuidoras de ventas de telas en su misma comuna, ya que los encuentra a bajo costo, por lo tanto conveniente económicamente.
Con el crédito comprará gran variedad de telas para la confección de ropa de mujer.
Sus metas son tener la posibilidad de comprar más maquinarias para su taller, como maquinas overlock, cortadora, bordadora, para generar mayores ingresos, así con esto optar a una mejor calidad de vida.
Nicole vive junto a su esposo y su hija pequeña de 5 años de edad. Sus sueños a nivel laboral son seguir creciendo y trabajar para grandes tiendas y a nivel personal tener su casa propia.
Nicole está muy agradecida y contenta 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 un cálido ambiente familiar.
Independencia es una de las 34 comunas que componen la ciudad de Santiago (capital de Chile), ubicada en el sector centro-norte. Surgió a fines del siglo XIX como un sector tradicional de la ciudad. Su eje principal es la Av. Independencia, por la cual pasaba el antiguo Camino del Inca, puerta de entrada por el norte, a la ciudad de Santiago. Dada su amplia población indígena, en Independencia se encuentra el Centro Cultural Indígena de Chile. Cuenta también con importantes construcciones históricas, entre ellas 6 monumentos históricos de Chile.

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
  • 501.7
    Chile Pesos (CLP) = $1 USD

Success!! The loan was 100% repaid

A portion of Emprendedores De La Juan Antonio Rios Group's $6,275 loan helped a member to buy different kinds of fabric for making women's clothing.
100% repaid
Repayment Term
5 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jun 13, 2012
Listed
Jun 18, 2012
Currency Exchange Loss:
Possible
Ended:
Oct 15, 2012