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Futuro Y Esperanza Group
In this Group: Romina, Claudia, Emelina, Yolanda, Orietta, Luisa, Ximena, Oscar, Rosalia, Marisel, Luisa, Carolina, Patricia, Katherine, Francisco, Ernestina, Carla
This communal bank is called 'Futuro y Esfuerzo' ('Future and Effort') and is made up of 17 entrepreneurs who have various types of businesses, among which: bazaar, toy shop, bakery, bookshop, vegetable shop, clothes shop, sewing, dried fruit shop, services. All of them live in the town of Osorno. Romina is one of the members: in the picture, she is the second standing person from the left (she is the one wearing a brown top with a black cardigan, with black, untied hair). She has been selling used clothing and various accessories such as pins or stuffed animals for seven years. She says that she does that on Saturdays at a market stall from 10 to 14, and that on the other days of the week she sells beauty products from a catalogue. She receives the merchandise she needs for her business in packages from the city of Santiago, since if she buys wholesale from there, she can benefit from lower prices, which is an advantage. With the loan, Romina will buy house linens such as bedclothes and sheets, as well as seasonal articles that sell well in September, such as kites. One of her goals is to keep growing and have a shop, which would be more welcoming for customers, and hopefully provide her with a better quality of life. Romina lives with her mother and her son, who is four years old. Her dream to have a shop is to prepare for her son growing up and her needing more income to help him have a good life and a good future. She is very grateful for the opportunity afforded to her by field partner Fondo Esperanza, because it will help her invest in her business. Concerning her communal bank, she says that there is very good communication within it. Furthermore, the training courses it gives have enabled her to learn new sales strategies and accounting practices. Osorno is a city located in the south of Chile, in the region of Los Lagos ('the lakes'). It is an important agricultural centre, boasting to be 'the home of the milk, the land of the meat' of Chile. Its principal agricultural activities are growing sweetcorn and oats, rearing cattle (for milk and meat), and manufacturing agricultural equipment. The main landmark of the town is the only covered football stadium in the country, the municipal stadium 'Rubén Marcos'.
View original language description ↓
Este Banco Comunal se llama “Futuro y Esfuerzo” está conformado por 17 emprendedores quienes se dedican a diferentes rubros, entre los cuales se encuentran; bazar, venta de juguetes, repostería, librería, venta de verduras, venta de ropa, costuras, venta de fruta seca, servicios entre otros. Todos ellos pertenecientes a la ciudad de Osorno.
Romina delegada del grupo del Banco Comunal, quien en la foto se encuentra de pies, ocupando el segundo lugar de izquierda a derecha, viste una polera de color café y encima lleva puesto un chaleco de color negro, su cabello es de color oscuro y lo usa suelto.
Ella se dedica al rubro de venta de ropa usada y venta de accesorios varios como pinches, peluches, desde hace 7 años. Comenta que trabaja los días sábados en una feria de 10ºº a 14ºº horas, los demás días se dedica a vender productos de belleza por catalogo.
La mercadería que va necesitando para la venta de su negocio se la envían por encomienda desde la ciudad de Santiago, ya que en Santiago tiene la posibilidad de comprar en gran cantidad a bajo costo, por lo tanto conveniente económicamente.
Con el crédito comprará ropa de casa como cubrecamas y sabanas y artículos para la temporada del mes de septiembre como volantines.
Una de las metas de Romina es seguir creciendo y tener un local, donde atienda de manera más cálida a su clientela, así con esto optar a una mejor calidad de vida.
Romina vive junto a su madre y su hijo de 4 años de edad. Sus sueños son agrandar su negocio ya que tiene la necesidad de contar con más recursos en el hogar, porque los hijos van creciendo y al mismo tiempo crece la necesidad de darles un buen pasar y un buen futuro.
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 en éste existe muy buena comunicación. Por otro lado las capacitaciones, le han servido para aprender nuevas estrategias de venta y contabilidad.
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
  • 484.9
    Chile Pesos (CLP) = $1 USD

Success!! The loan was 100% repaid

A portion of Futuro Y Esperanza Group's $3,200 loan helped a member to buy more house linens as well as seasonal items for September (kites).
100% repaid
Repayment Term
5 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Aug 10, 2012
Listed
Aug 26, 2012
Currency Exchange Loss:
Possible
Ended:
Dec 15, 2012