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Inversion Group
In this Group: Ruth, Maria, Mauricio, Maria, Maria, Maria, Valeria, Luis, Maria, Sergio, Pedro, Tamara, Emma, Cristian, Maria, Elizabeth, Margarita, Andrea, Claudia, Luciano
This communal bank named “ Inversión ” [Investment] comprises 20 entrepreneurs of various professions including: dressmaking; selling food, eggs, chicken, kites, and bread dough; and other services. All the members live in the city of Valparaíso.

Ruth is the communal bank member in the photo seated in the first seat from left to right of the first row, wearing a red jacket, black pants, and brown boots and wearing her brown hair down. She has been selling clothing for a year. She says she works alone from Monday to Friday on a schedule subject to her availability. She displays her merchandise in a daycare, where her clientele is steady. She usually buys the merchandise in Santiago at a discount so that her business is profitable. She will use the loan to buy winter clothing for women, men, children, and infants. Her goals are to keep growing her business and increasing her earnings so that she can offer her family and herself a better life.

Ruth lives with her husband, who is self-employed, her mother, and her 23-year-old son, who is working. She dreams of having an established store where she can serve her customers and stock other merchandise. She is happy and grateful for the opportunity offered through Fondo Esperanza, as the loan allows her to invest in her business. She is comfortable with her communal bank and, therefore, wants to continue participating in the institution. She says that the group's training and meetings have led her to better investing.

Valparaíso is 120 kilometers northeast of Santiago. It is the regional capital, the seat of the country's legislature, and its main port. There are also numerous beautiful, picturesque places such as the home of Nobel Prize winner Pablo Neruda.
View original language description ↓
Este Banco Comunal se llama “ Inversión ” está conformado por 20 emprendedores quienes se dedican a diferentes rubros, entre los cuales se encuentran; costuras, venta de comida, venta de huevos, venta de pollo, venta de volantines, pan amasado, servicios entre otro. Todos ellos pertenecientes a la ciudad de Valparaíso.
Ruth integrante del grupo del Banco Comunal, quien en la foto se encuentra sentada en primera fila, ocupando el primer lugar de izquierda a derecha, viste una chaqueta de color roja, pantalones de color negro y botas de color café, su cabello lo usa suelto y es de color castaño claro.
Ella se dedica al rubro del comercio específicamente a la venta de ropa, desde hace 1 año. Comenta que trabaja sola de lunes a viernes y su horario lo distribuye de acuerdo a su disponibilidad, ofrece su mercadería en un jardín infantil, donde su clientela es fija.
Su mercadería usualmente la compra en la ciudad de Santiago a bajo costo, por lo tanto conveniente económicamente.
Con el crédito comprará ropa para damas, varón, niños y bebes.
Sus metas son continuar con el negocio, para generar mayores ingresos, así con esto optar a una mejor calidad de vida y brindarle a su familia un buen pasar.
Ruth vive junto a su esposo quien trabaja de forma independiente, su madre y su hijo de 23 años de edad quien se encuentra trabajando. Sus sueños son tener un local establecido donde pueda atender a su clientela y agregar la venta otras provisiones.
Ella está muy contenta y agradecida de la oportunidad brindada por Fondo Esperanza, ya que el crédito le permitirá invertir en su negocio. Además se siente cómoda con el grupo del Banco Comunal del cual forma parte, lo cual la motiva a seguir participando en la institución. Comenta además que las capacitaciones impartidas en las reuniones le han servido para invertir mejor en su negocio.
Valparaíso está situado a 120 kilómetros al noroeste de Santiago. Es la capital regional y además sede del poder legislativo del país. Es el primer puerto de la nación y ofrece gran variedad de lugares hermosos y pintorescos, como por ejemplo la casa del poeta Pablo Neruda, ganador del Premio Nobel.

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
  • 487.0
    Chile Pesos (CLP) = $1 USD

Success!! The loan was 100% repaid

A portion of Inversion Group's $5,075 loan helped a member comprará ropa para damas, varón, niños y bebes.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jul 18, 2012
Listed
Jul 25, 2012
Currency Exchange Loss:
Possible
Ended:
Dec 15, 2012