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Villa Huequen Group
In this Group: Rosa, Carmen, Christian, Barbara, Lidia, Glenda, Leoncio, Katherine, Luis, Alberto, Edith, Ruben, Dagoberto, Ema, Elizabeth, Juan, Elias
The Villa Huequen communal bank has 17 entrepreneurs who are in business, specifically selling clothes, firewood, groceries, fast food, fruit, pastries, bread, offering services, etc, All of the members are from Angol. Rosa, a member in the communal bank, is shown seated in the first row, the first place going from left to right in the photo. She is dressed in a burgundy colored jacket, wearing rings, and she has brown hair pulled back.
She has sold fast food for the past 5 years. She says that she works with a cart outside her house and her brother helps her with the sales. She works every afternoon.

She buys her supplies from the supermarkets and distributors at a low cost which helps her expenses.
She will use the loan to buy potatoes, ketchup, mustard, mayonnaise, oil and gas.
One of Rosa's goals is to keep growing her business to be able to buy a fryer that she doesn't have in her cart.
Rosa lives with her two daughters, 4 and 14. Her dreams are to have the possibility of installing a stand in her own house so that she can have a better quality of life.

She is very happy and thankful for the opportunity offered her by Fondo Esperanza since they have allowed her to invest in the business. Besides, she feels very comfortable in the company of the other members of the communal bank since they share different activities, and interests that have served her as distractions. The trainings given in the meetings have taught her to better manage her business.

Angol is located 128 kilometers northwest of Temuco (the capital of the ninth region) and 608 kilometers to the south of Santiago (the capital of Chile). Its name means climbing on all fours in Mapadungum (the language of the Mapuche). Its residents work mainly in farming and fish production, an area that has currently become more relevant, particulary connected to fruit and plant growing.
View original language description ↓
Este Banco Comunal se llama “Villa Huequen” está conformado por 17 emprendedores que se dedican al rubro del comercio, específicamente venta de ropa, venta de leña, abarrotes, comida rápida, venta de frutas, pastelería, panadería, servicios entre otros. Todos ellos pertenecientes a la ciudad de Angol.
Rosa, 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 burdeo, usa aros, su cabello es de color castaño claro y lo usa tomado.
Ella se dedica al rubro de venta de comida rápida, desde hace 5 años. Comenta que trabaja en un carrito que lo ubica fuera de su casa, le ayuda su hermano en las ventas y su horario de trabajo es durante las tardes todos los días.
Su mercadería que va necesitando la compra en supermercados y distribuidoras a bajo costo, por lo tanto conveniente económicamente.
Con el crédito comprará papas, kétchup, mostaza, mayonesa, aceite y gas.
Una de las metas de Rosa en su negocio es seguir creciendo para poder comprar una freidora que hasta el momento le hace falta en si carrito.
Rosa vive junto a sus 2 hijas de 4 y 14 años de edad. Sus sueños son tener la posibilidad de instalar un local en su propia casa, así con esto optar a una mejor calidad de vida.
Ella está muy contenta y agradecida de la oportunidad que le ha brindado Fondo Esperanza, ya que le ha permitido invertir en su negocio. Además se siente muy cómoda con la compañía de las demás emprendedoras del grupo del Banco Comunal, ya que comparten diferentes actividades, intereses, lo cual le ha servido como un momento de distracción. Respecto a las capacitaciones impartidas en las reuniones, ha aprendido administrar su negocio de mejor manera.
Angol se ubica a 128 km. al noroeste de Temuco (capital de la novena región) y a 608 km. al sur de Santiago (capital de Chile). Su nombre significa en mapudungun (lengua del pueblo mapuche) “subida a gatas”. Sus habitantes se dedican fuertemente a labores agrícolas y silvo agropecuarias, áreas en las que actualmente han adquirido relevancia, particularmente, aquellas vinculadas a la producción frutícola y hortícola.

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
  • 487.0
    Chile Pesos (CLP) = $1 USD

Success!! The loan was 100% repaid

A portion of Villa Huequen Group's $3,500 loan helped a member to buy potatoes, ketchup, mustard, mayonnaise, oil and gas.
100% repaid
Repayment Term
5 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jul 11, 2012
Listed
Jul 25, 2012
Currency Exchange Loss:
Possible
Ended:
Nov 15, 2012