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Semillero Group
In this Group: Julie, Haydee, Luisa, Paulina, Karina, Patricio, Cristopher, Yessenia, Loida, Elizabeth, Cesar, Anita, Catherine, Olga, Miriam, Yeyssy
This "Semillero" communal bank is composed of 16 entrepreneurs who are dedicated to different trades, among which are selling firewood, selling new clothes, selling food, sportswear, selling mayonnaise, and making dough, among other services. All come from Padre Las Casas, near the city of Temuco.

Julie, president of the communal bank, is sitting in the front row of the photo in third place from left to right, wearing a purple jacket and with her long dark brown hair worn loose. She has her daughter in her arms. Julie dedicates her time to decorating and engraving glass, which she has done for 9 months. She says she works from home Monday to Friday, arranging her work schedule according to her availability. She buys the items for engraving from wholesale distributors, and decorates, polishes and draws figures on them. She buys at low cost so it makes good economic sense. With the loan she intends to buy glasses and wooden boxes for engraving. Her short term goals are to get people aware of her workshop and her glass engraving. In the medium and long term her goals are to expand her workshop, to generate more income, and with this to obtain a better quality of life. Julie lives with her 2 children: her 18 year old son who is studying and her little girl who is 11 months old. Her dream is to increase her skills in her field and get her work known in the local area and beyond, while creating jobs for others in need. Julie is very happy and grateful for the loan and the service provided by Fondo Esperanza. She also says that she feels very comfortable in meetings of the communal bank, as there is an atmosphere of generosity and unity.

Padre Las Casas is a community in southern Chile, near the city of Temuco, Araucania region. The town was named in honor of the Spanish priest Bartolomé de Las Casas, who was a defender of the indigenous people during the conquest of America. The town boasts a large indigenous (Mapuche) population. Its economy is based on agribusiness and commercial services.
View original language description ↓
Este Banco Comunal se llama “Semillero” está conformado por 16 emprendedores quienes se dedican a diferentes rubros, entre los cuales se encuentran; venta de leña, venta de ropa nueva, venta de comida, confección de ropa deportiva, venta de mayonesa de leche, masas, servicios entre otros. Todos ellos pertenecientes a la comuna de Padre las Casas, ubicada en la ciudad de Temuco.
Julie, presidenta del grupo del Banco Comunal, quien en la foto se encuentra sentada en primera fila ocupando el tercer lugar de izquierda a derecha, viste una chaqueta de color violeta, su cabello es largo de color castaño oscuro y lo usa suelto, en sus brazos carga a su hija.
Ella se dedica al rubro de decorar y tallar en vidrio, desde hace 9 meses. Comenta que trabaja desde su casa de lunes a viernes y su horario de trabajo lo distribuye de acuerdo a su disponibilidad.
Su mercadería para el tallado en vidrio lo compra en distribuidoras en ventas de vidrios, ya que el tallado lo realiza específicamente en vasos, decora, pule y le dibuja alguna figura, compra a bajo costo, por lo tanto conveniente económicamente.
Con el crédito comprará vasos y cajas de madera para tallar figuras.
Sus metas a corto plazo son darse a conocer con su taller y su arte de tallar en vidrio, y a mediano y largo plazo ampliar su taller, para generar mayores ingresos, así con esto optar a una mejor calidad de vida.
Julie vive junto a sus 2 hijos de 18 años de edad quien se encuentra estudiando y una hija pequeña de 11 meses de edad. Sus sueños son capacitarse en su rubro y que se conozca el producto de la zona y fuera de la zona, y la vez generar empleo para otras personas que lo necesiten.
Julie 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.
Padre Las Casas es una comuna del sur de Chile, cercana a la ciudad de Temuco, región de la Araucanía. Su nombre le fue dado en honor al sacerdote español Bartolomé de Las Casas, quien fue un defensor de los indígenas durante la conquista de América. Destaca una numerosa población mapuche en esta comuna. Basa su economía en la agroindustria y servicios comerciales.


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
  • 507.0
    Chile Pesos (CLP) = $1 USD

Success!! The loan was 100% repaid

A portion of Semillero Group's $3,025 loan helped a member to buy glasses and wooden boxes to engrave.
100% repaid
Repayment Term
5 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jun 20, 2012
Listed
Jun 26, 2012
Currency Exchange Loss:
Possible
Ended:
Oct 15, 2012