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Las Brujitas Group
In this Group: Teresa, Silvana, Jorge, Elizabeth, Orieta, Patricia, Susana, Jenny, Sandra, Paula, Ximena, Marisol, Ana, Nohra, Veronica
The communal bank "Las Brujitas" consists of 15 entrepreneurs who are engaged to different lines of work, among which are selling used clothes, sewing workshops, boutiques, selling fabrics, selling cakes, bazaar, selling perfumes, selling cuchuflis [a snack made with caramel], maintaining candy machines in schools, selling surgical steel jewelry, varied kiosks, and other services. All the members live in the city of Osorno.

Teresa is the President of the Communal Bank's group. In the picture, she is standing in the front row, being the fifth person from right to left. She is wearing a red blouse with rouses, and on top of it she is wearing a black jacket and pants of the same color. Her hair is dark brown and wears it loose.

She is engaged in selling used clothes. She has been in the business for three years. She says that works Monday to Sunday with a friend. Teresa occupies part of the premises for her sales, and she distributes her schedule depending on her availability. She buys the merchandise she needs in Santiago and in Osorno in distribution centers and low cost warehouses, thus it's convenient economically.

With the loan she will buy clothes of all models and sizes. Teresa's goals are to become independent with her business so she can work more calm and generate more income to achieve a higher quality of life. Teresa lives with her son, who is 14 years old and who is studying. Her dreams at a family, personal and professional level are to have the basic things of life such as health and work. Also, she wants to have enough for the studies of her son and that her son feels good.

She is very happy and grateful for the opportunity that Fondo Esperanza gave her to invest in her business. Also, she feels very comfortable with the other entrepreneurs of the Communal Bank group, because they share varied activities and interests, time that is also used for a moment of entertainment. Regarding the training given at group meetings, she learned how to manage her business better.

Osorno is a city located in the southern region of Chile, in Los Lagos region. It is an important agricultural center that is called as "La Patria de la Leche y Tierra de la Carne" [The Homeland of Milk and Meat]. Among its agricultural activities, the most important are wheat and oats, cattle breeding for the meat and milk, in addition to manufacturing of agricultural equipment. Osorno is known for the only football stadium in Chile covered with a roof, the Municipal Stadium "Rubén Marcos".
View original language description ↓
Este banco comunal “Las Brujitas” está conformado por 15 emprendedores quienes se dedican a diferentes rubros, entre los cuales se encuentran; venta de ropa usada, taller de costuras, boutique, venta de telas, venta de tortas, bazar, venta de perfumes, venta de cuchuflis, mantención de maquinas de dulces de colegios, venta de joyas de acero quirúrgico, kiosko surtido, servicios entre otros. Todos ellos pertenecientes a la ciudad de Osorno.
Teresa, presidenta del grupo del Banco Comunal, quien en la foto se encuentra de pie en primera fila, ocupando el quinto lugar de derecha a izquierda, viste una blusa con rosas de color roja y encima lleva puesto una chaqueta de color negro y pantalones del mismo color, su cabello es de color castaño oscuro y lo usa suelto.
Ella se dedica al rubro de venta de ropa usada, se desempeña en este rubro desde hace 3 años. Comenta que trabaja de lunes a domingo en conjunto con una amiga donde Teresa ocupa una parte del local para sus ventas, su horario de trabajo lo distribuye de acuerdo a su disponibilidad.
La mercadería que va necesitando la compra en la ciudad de Santiago y en la ciudad de Osorno en distribuidoras y bodegas a bajo costo, por lo tanto conveniente económicamente.
Con el crédito comprará ropa de todos los modelos y tallas.
Las metas de Teresa son poder independizarse con su negocio para trabajar más tranquila y generar mayores ingresos y optar a una mejor calidad de vida.
Teresa vive junto a su hijo de 14 años quien se encuentra estudiando. Sus sueños a nivel familiar, personal y laboral son tener las cosas básicas de la vida, salud, trabajo y que no le falte para los estudios de su hijo y que a la vez su hijo se sienta bien.
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 también le ha servido como un momento de distracción. Respecto a las capacitaciones impartidas en las reuniones, ha aprendido administrar su negocio de mejor manera.
Osorno es una ciudad que se ubica en la zona sur de Chile, región de Los Lagos. Es un importante centro agropecuario que se identifica como "La Patria de la Leche y Tierra de la Carne" de Chile. Dentro de su actividad agropecuaria se destaca el cultivo de trigo y avena, la crianza de ganado, para el procesamiento de carnes y lácteos además de la fabricación de equipos agrarios.
Destaca en Osorno el único estadio de fútbol techado de Chile, el Estadio Municipal "Rubén Marcos”.

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
  • 476.8
    Chile Pesos (CLP) = $1 USD

Success!! The loan was 100% repaid

A portion of Las Brujitas Group's $3,175 loan helped a member to buy clothes of all styles and sizes.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jul 31, 2012
Listed
Aug 20, 2012
Currency Exchange Loss:
Possible
Ended:
Dec 15, 2012