Check out some available loans that are similar to this one!
Tierras Coloradas Group
In this Group: Vanessa, Lilian, Juana, Marlene, Magaly, Maria, Carolina, Jamilet, Lidia, Josefina, Maria, Claudia, Carla, Marisol, Teresita, Ema, Gladys
This communal bank is called “Tierras Coloradas” (Red Lands) and it has 17 members who are in a variety of lines of work among which are cushion and bath curtain making, used shoe sales, clothes sales, street market merchants, store owners, flower shop, restaurant, crafts and services, among others. All are from the city of Temuco.

Vannesa is communal bank treasurer and in the photo appears standing in the third row, first from right to left wearing a gray jacket. Her hair is light brown and she wears it lose.

She’s a merchant, specifically selling used and new clothes. She’s been in business five years. She comments that she works very day in various places like schools, street markets, at home and sometimes goes house to house visiting her customers. She arranges her schedule according to availability. She buys the new clothes in the city of Santiago at low cost which is an economic advantage and the used clothes is given to her by friends and family members. She will use the loan to buy children’s and adults’ clothes as well as accessories like wallets and purses. One of Vannesa’s goals is to open a permanent store in order to work more comfortably avoiding the cold in winter and the heat in summer.

Vannesa lives with her two children who are 13 and 6 years of age. Her dream at a work level is to finish her studies and to continue in business to generate higher income and be able to aspire to a better quality of life this way.

She is very happy and grateful for the opportunity being granted by Fondo Esperanza because it will allow her to invest in her business. She comments that the training has been fundamental for her business and also for her personal development because she’s learned how to organize and manager her investments and income better.

Temuco is the capital of the Araucanía Region. The city is located 670 kilometers south of Santiago (Capital of Chile). There is a series of lakefront resorts around it (Pucón and Villarrica) and very eye-catching native flora and fauna concentrated in nearby nature parks. It’s worth stressing that 50% of the country’s existing Mapuche (native peoples) population live here.
View original language description ↓
Este Banco Comunal se llama “Tierras Coloradas” está conformado por 17 emprendedoras quienes se dedican a diferentes rubros, entre los cuales se encuentran; confección de cojines y cortinas de baño. Venta de zapatos usados, venta de ropa, feriantes, almacén, florería, restaurant, artesanía, servicios entre otros. Todos pertenecientes a la ciudad de Temuco.
Vannesa, tesorera del grupo del Banco Comunal , quien en la foto se encuentra de pie en tercera fila, ocupando el primer lugar de derecha a izquierda, viste una chaqueta de color gris, su cabello es de color castaño claro y lo usa suelto.
Ella se dedica al rubro del comercio específicamente a la venta de ropa usada y nueva, desde hace 5 años. Comenta que trabaja todos los días en diferentes partes como colegios, feria, en su casa y algunas veces se dirige a los domicilios de sus clientelas y su horario lo distribuye de acuerdo a su disponibilidad.
La mercadería en ropa nueva la compra en la ciudad de Santiago a bajo costo por lo tanto conveniente económicamente, y la ropa usada se la regalan amigos y familiares.
Con el crédito comprará ropa de niños, adultos y accesorios como carteras y bolsos.
Una de las metas de Vannesa es instalar un local establecido, ya que de esta manera trabajaría de una forma mas cómoda, evitando el frio durante la temporada de invierno y el calor durante la temporada de verano.
Vannesa vive junto a sus 2 hijos de 13 y 6 años de edad. Sus sueños a nivel laboral sin terminar sus estudios y continuar con el negocio para generar mayores ingresos, así con esto optar a una mejor calidad de vida.
Ella está muy contenta y agradecida de la oportunidad brindada por Fondo Esperanza, ya que le permitirá invertir en su negocio. Comenta que las capacitaciones han sido fundamentales para su negocio y también para su desarrollo personal, ya que ha aprendido a organizar y distribuir de mejor manera sus ingresos e inversiones.
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

  • $14,900
    Average annual income
  • 0
    View loans »
    Chile Loans Fundraising
  • $2,587,775
    Funds lent in using Kiva
  • 477.7
    Chile Pesos (CLP) = $1 USD

Success!! The loan was 100% repaid

A portion of Tierras Coloradas Group's $5,125 loan helped a member comprará ropa de niños, adultos y accesorios como carteras y bolsos.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jul 31, 2012
Listed
Aug 17, 2012
Currency Exchange Loss:
Possible
Ended:
Dec 15, 2012