Check out some available loans that are similar to this one!
Nueva Esperanza Group
In this Group: Camila, Eugenia, Victor, Maria, Lliliana, Gloria, Nency, Eric, Yohana, Monica, Luis, Gisela, Katherine, Victor, Marisol, Brenda, Maria, Miguel
This communal bank, Nueva Esperanza, is made up of 18 entrepreneurs who work in a variety of areas, including clothing sales, land sales, sewing, party favor sales, arts and crafts sales, beauty product sales, services, and others. All of them are from the city of Temuco.

Camila is a member of the communal bank. In the photo she's standing in the first row, the second from the right and wearing gray pants and a black jacket with pink in the clasps. Her hair is light brown and she wears it pulled back.

She has worked selling beauty products for seven months. She says she works alone from her house and has a lot of customers. She also is a saleswoman in a hardware store. She works Monday through Saturday from 9 a.m. until 6 p.m., and in the afternoon and evening she sells beauty products through orders. She requests the merchandise she needs from catalogues that sell beauty products.

With the loan she will buy beauty products such as rouge, lipstick, lotion, make-up, and lipliner and eyeliner.

Camila's business goals are to develop, to have a stable business, to be able to become independent, and to achieve more sales to generate greater income and have a better quality of life.

Camila lives with her mother and her 3-year-old son. Her personal dream is to be able to have her own house for her son's well-being.

She is happy about and grateful for the opportunity given her by Fondo Esperanza because it has allowed her to invest in her small business. Also, she feels very comfortable in the company of the other entrepreneurs in the communal bank group because they share various activities and interests, which also has been entertaining for her. With regard to the trainings offered in the meetings, she has learned to better manage her business.

Temuco is the capital of the Araucanía region. The city is 670 kilometers to the south of Santiago, the capital of Chile. On the outskirts are a series of lake resorts (Pucón, Villarrica) and a very striking native flora and fauna concentrated in nearby nature parks. It's worth pointing out that 50% of Chile's Mapuche Indians live in this region.
View original language description ↓
Este Banco Comunal se llama “Nueva Esperanza” está conformado por 18 emprendedores quienes se dedican a diferentes rubros, entre los cuales se encuentran; venta de ropa, venta de tierra, costuras, venta de encintados, venta de artesanía, venta de productos de belleza, servicios entre otros. Todos ellos pertenecientes a la ciudad de Temuco.
Camila, integrante del grupo del Banco Comunal, quien en la foto se encuentra de pie en primera fila, ocupando el segundo lugar de derecha a izquierda, viste un pantalón de color gris, y lleva puesta una chaqueta de color negra y en los cierres es de color rosado, su cabello es de color castaño claro y lo usa tomado.
Ella se dedica a vender productos de belleza, desde hace 7 meses. Comenta que trabaja sola desde su casa y cuenta con bastante clientela, además se desempeña como vendedora de una ferretería, trabaja de lunes a sábado desde las 9ºº hasta las 18ºº, y en las tardes se dedica a la venta de los productos de belleza, ya que son a pedido.
La mercadería que va necesitando la pide a través de unos catálogos para la venta de sus productos de belleza.
Con el crédito comprará productos de belleza como rubor, lápiz labial, cremas, base de maquillaje, delineadores de labios y ojos.
Las metas de Camila en su negocio son surgir, tener un negocio estable, poder independizarse y lograr más ventas para generar mayores ingresos, así optar a una mejor calidad de vida.
Camila vive junto a madre e hijo de 3 años de edad. Sus sueños a nivel personal es tener la posibilidad de tener una casa propia para darle un buen bienestar a su hijo.
Ella está contenta y agradecida de la oportunidad que le ha brindado Fondo Esperanza, ya que le ha permitido invertir en su pequeño 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.
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
  • $2,637,700
    Funds lent in using Kiva
  • 485.0
    Chile Pesos (CLP) = $1 USD

Success!! The loan was 100% repaid

A portion of Nueva Esperanza Group's $7,300 loan helped a member comprará productos de belleza como rubor, lápiz labial, cremas, base de maquillaje, delineadores de labios y ojos.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Aug 13, 2012
Listed
Aug 28, 2012
Currency Exchange Loss:
Possible
Ended:
Jan 15, 2013