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Juntos Podemos Confluencia Group
In this Group: Katerine, Isabel, Nancy, Fabiola, Nathaly, Margarita, Graciela, Teresa, Carolina, Amelia, Robinson, Olfa, Roberto, Valeria, Susana, Patricia, Cinthia
This Communal Bank called “Juntos Podemos Confluencia” (We Can Join Together) consists of 17 entrepreneurs who engage in different trades such as selling firewood, weaving, sewing, selling marmalade, preparing fast food, selling provisions, providing services, and other business activities. All of the members are from the city of Chillán.

Katerine, the president of the Communal Bank, is seen in the photo seated in the first row. She is in the second position going from right to left and is wearing blue jeans, a gray jacket, and has chestnut brown hair that she is wearing down. Katerine has a bazaar where she sells household goods and clothing. She established this business three months ago. Katerine says that her business is located in a section of her house where she works four days per week. Her distribution schedule is determined by her availability. The merchandise and supplies that she needs are purchased in the city of Santiago from different distributors. With her loan, she will purchase socks, T-shirts, and undergarments of various sizes, especially extra-large garments and articles targeted at young people. Her goals are to continue her business and relocate it to an area where she can serve her customers more comfortably. This will help her achieve a better quality of life and generate more income for her family.

Katerine lives with her mother, her sister, and her four-year-old daughter. Her dream on a personal level is to study for a degree so that she can become a professional. Katerine is very pleased with and appreciative of the opportunity provided by Fondo Esperanza to invest in her business. In addition, she feels very comfortable with the group in which she participates since the members are unified and demonstrate respect and trust.

Chillán is a community in south-central Chile. Its name means “Seat of the Sun” in Mapudungun, the language of the indigenous Mapuche people. Chillán is also known as “The Cradle of the Nation” and “Land of Artists” because many leading figures in Chilean history were born here, such as the famous pianist Claudio Arrau.

View original language description ↓
Este Banco Comunal se llama “Juntos podemos Confluencia” está conformado por 17 emprendedores quienes se dedican a diferentes rubros, entre los cuales se encuentran; venta de leña, tejidos, costuras, venta de mermeladas, comida rápida, provisiones, servicios entre otros. Todos ellos pertenecientes a la ciudad de Chillan.
Katerine, presidenta del grupo del Banco Comunal, quien en la foto se encuentra sentada en primera fila, ocupando en el segundo lugar de derecha a izquierda, viste blue jeans, chaqueta de color gris, su cabello lo usa suelto y es de color castaño oscuro.
Ella se dedica al rubro de bazar donde vende artículos para el hogar, y ropa, se desempeña en este negocio desde hace 3 meses. Comenta que su bazar lo ubica en un aparte de su casa, trabaja 4 días de la semana y su horario lo distribuye de acuerdo a su disponibilidad.
La mercadería e insumos que va necesitando los compra en la ciudad de Santiago en diferentes distribuidoras.
Con el crédito comprará calcetines, camisetas, pantys, de diferentes tallas, para grandes y chicos.
Las metas es seguir con su negocio e instalar un local establecido donde pueda atender a su clientela de forma más cómoda, así con esto optar a una mejor calidad de vida e ingreso familiar.
Katerine vive junto a su madre, hermana e hija pequeña de 4 años de edad. Su sueño a nivel personal es Estudiar una carrera donde pueda realizarse profesionalmente.
Katerine está muy contenta y agradecida de la oportunidad que le ha brindado Fondo Esperanza para invertir en su negocio. Además se siente muy cómoda con el grupo que participa, ya que son unidos, existe respeto y confianza.
Chillán es una comuna de la zona centro sur de Chile. Su nombre significa “silla del sol” en mapudungun, idioma de nuestros indígenas mapuches. Chillán es conocida como “Cuna de la Patria” o “Tierra de Artistas”, debido a que en la ciudad han nacido destacados personajes de la historia de Chile, como por ejemplo el conocido pianista Claudio Arrau.

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
  • 503.0
    Chile Pesos (CLP) = $1 USD

Success!! The loan was 100% repaid

A portion of Juntos Podemos Confluencia Group's $3,850 loan helped a member to buy socks, T-shirts, and undergarments of various sizes.
100% repaid
Repayment Term
5 months (Additional Information)
Repayment Schedule
Jun 21, 2012
Jun 27, 2012
Currency Exchange Loss:
Oct 15, 2012