Check out some available loans that are similar to this one!
Las Joyitas Group
In this Group: Sylvia, Karen, Sonia, Nayadette, Carina, Pamela, Rosita, Maria, Carlos, Patricia, Hilda, Maivett, Teresa, Miriam, Carmen
This communal bank is called Las Joyitas and is made up of 15 entrepreneurs who work as merchants, specifically selling clothes, jewelry, apples, cakes, wool, traveling sales, firewood, and other services. All of them live in Temuco.

Sylvia is a member of the communal bank and can be found in the photograph standing in the front row, 4th person from right to left, wearing a brown jacket, with a brown purse, with a white scarf around her neck, holding a folder in her hands, and her dark brown hair pulled back.

She has been working in the field of commerce, specifically in food service, for 15 years. She works Monday through Friday from 8:00AM until 3:00PM. She usually buys her food at supermarkets and distributors at a low cost, which is financially desirable. With the loan she will buy a sign for her facility.

One of Sylvia’s goals is to sell 3 times the usual amount of her sales. She has enough customers, but she wants to continue attracting more in order to grow and in order to generate more profits as these resources support the household and the welfare of her daughter.

Silvia lives with her husband and her daughter who is 11 years old. One of her dreams for the family is to have the possibility to travel with her daughter outside the country. She is very happy and grateful for the opportunity given by Fondo Esperanza since it permits her to invest in her business. In regards to the communal bank of which she is a member, she says that it is very close-knit and generous.

Temuco is the capital of the Araucanía region. The city is located 670 kilometers south of Santiago (capital of Chile). The surrounding area contains a number of lakeside resorts (Pucón, Villarrica) and native flora and fauna which is very stunning, concentrated in nearby nature parks. It should be pointed out that 50% of the Mapuche indigenous people of our country live in this region.
View original language description ↓
Este Banco Comunal se llama “Las Joyitas” está conformado por 15 emprendedores que se dedican al rubro del comercio, específicamente venta de ropa, venta de joyas, venta de manzanas, pasteles, venta de lanas, feriantes, venta de leña, servicios entre otro. Todos ellos pertenecientes a la ciudad de Temuco.
Sylvia, integrante del grupo del Banco Comunal, quien en la foto se encuentra de pie en primera fila, ocupando el cuarto lugar de derecha a izquierda, viste una chaqueta de color café, lleva una cartera de color café, alrededor de su cuello usa una bufanda de color blanco, en sus manos sostiene una carpeta y su cabello lo usa tomado y es de color castaño oscuro.
Ella se dedica al rubro del comercio específicamente en cafetería, desde hace 15 años. Se desempeña en sus labores de lunes a viernes desde las 08ºº hasta las 15ºº horas.
Su mercadería usualmente la compra en supermercados y distribuidoras a bajo costo, por lo tanto conveniente económicamente.
Con el crédito comprará un letrero para su local.
Una de las metas de Sylvia es vender 3 veces más la cantidad habitual de sus cafés, tiene bastante clientela, pero quiere seguir captando para crecer aún más, para generar mayores ingresos, ya que con estos recursos apoya al hogar y el bienestar de su hija.
Sylvia vive junto a su marido y su hija de 11 años de edad. Uno de sus sueños a nivel familiar es tener la posibilidad de viajar con su hija fuera del país.
Ella se encuentra muy contenta y agradecida de la oportunidad brindada por Fondo Esperanza, ya que le permitirá invertir en su negocio.
Respecto al grupo del Banco Comunal del cual forma parte, comenta que es muy unido y existe generosidad.
Temuco es la capital de la región de la Araucanía. La ciudad se ubica a 670 kilómetros al sur de Santiago (capital de Chile). En sus alrededores se ubican una serie de balnearios lacustres (Pucón, Villarrica) y una flora y fauna nativa muy llamativas, concentrada en parques naturales cercanos. Cabe destacar que en esta región habita el 50% de los mapuches, pueblo indígena, existente en nuestro país.

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
  • 483.0
    Chile Pesos (CLP) = $1 USD

Success!! The loan was 100% repaid

A portion of Las Joyitas Group's $3,125 loan helped a member to buy a sign for her facility.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jul 31, 2012
Listed
Aug 12, 2012
Currency Exchange Loss:
Possible
Ended:
Dec 15, 2012