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El Amanecer Group
In this Group: Elizabeth, Victoria, Ana, Maria, Sara, Jose, Alberto, Nelsin, Veronica, Elizbeth, Juana, Vania, Tiare, Maria, Luis , Cristina, Margarita, Maria, Jose, Beatriz
This communal bank is called “El Amanecer” (The Dawn) and is made up of twenty entrepreneurs who make a living in different areas, among them are dressmakers, podiatrists, a seller of beauty products, electricians, an ice cream seller, an onion seller, waiters, a fast food seller and service providers, among others, all of them belonging to the city of Chillán.

Elizabeth is a member of the group of the communal bank, who in the photo is seated in the front row, occupying the second place from left to right, dressed in a black hoodie, gray pants and her hair is dark chestnut brown that she wears loose and long.

She has made a living in the field of tailoring for four years. She comments that she took a course which enabled her to improve and start her business, taking the name “Confección y Vestuario” (Tailoring and Clothing). She works from Monday to Saturday and depending on the work demand she also even works Sunday, doing mending in general and sewing sweatshirts, curtains and tablecloths. Her small workshop is located in her house and her schedule is spread out according to her availability.

The merchandise that she needs for the tailoring and mending in her line of work she buys in the city of Santiago, in different wholesalers and places where she finds low-cost fabrics, therefore economically suitable. With this loan she will buy fabric, tablecloths and curtains for decoration.

One of Elizabeth’s goals is to be a small businesswoman and have a larger workshop with people that work with her and produce a lot more. In addition, she wants to set up her overlock and multi-stitch sewing machines in order to work more comfortably.

Elizabeth lives with her two children, ages 12 and 9, who are in school. Her dreams at the family level are to give a good life to her children and that they be the great professionals of tomorrow.

She is very happy and grateful for the opportunity offered by Fondo Esperanza (Hope Fund), since it will permit her to invest in her business. She says that the training has been fundamental for her business and also for her personal development, since she has learned to organize and distribute her income in a better way. With regard to the group of the communal bank that she is a part of, she comments that in this group there exists very good communication.

Chillán is a town in the south-central area of Chile. Its name means “silla del sol” (Chair of the Sun) in Mapudungun, the language of the indigenous Mapuches. Chillán is known as “Cuna de la Patria” (Cradle of the Homeland) or “Tierra de Artistas” (Land of Artists), due to the fact that in the city distinguished persons from the history of Chile have been born, like, for example, the well-known pianist Claudio Arrau.
View original language description ↓
Este Banco Comunal se llama “El Amanecer” está conformado por 20 emprendedores quienes se dedican a diferentes rubros, entre los cuales se encuentran: modistas, podólogos, venta de productos de belleza, electricistas, venta de helados, venta de cebollas, garzones, venta de comida rápida, servicios entre otros. Todos ellos pertenecientes a la ciudad de Chillan.
Elizabeth integrante del grupo del Banco Comunal, quien en la foto se encuentra sentada en primera fila, ocupando el segundo lugar de izquierda a derecha, viste un poleron de color negro, pantalones de color gris y su cabello es de color castaño oscuro lo usa suelto y largo.
Ella se dedica al rubro de modista, desde hace 4 años. Comenta que realizó un curso, lo que le permitió perfeccionarse y emprender en su negocio, sacando el titulo de Confección y Vestuario, trabaja de lunes a sábados y dependiendo de la demanda de trabajo también hasta el domingo, realiza arreglos en general y confección de buzos, cortinas y manteles. Ubica un pequeño taller en su casa y su horario lo distribuye de acuerdo a su disponibilidad.
La mercadería que va necesitando para la confección y arreglos de su rubro los compra en la ciudad de Santiago, en diferentes distribuidoras y locales donde encuentra telas a bajo costo, por lo tanto conveniente económicamente.
Con el crédito comprará telas, manteles y cortinas para decoración.
Una de las metas de Elizabeth son ser microempresaria y tener un taller mas grandes con gente que trabaje junto a ella y producir mucho mas, además quiere instalar sus maquinas overlock y multipunto para trabajar más cómodamente.
Elizabeth vive junto a sus 2 hijos de 12 y 9 años de edad, quienes se encuentran estudiando. Sus sueños a nivel familiar es darle un buen pasar a sus hijos y que sean grandes profesionales el dia de mañana.
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. Respecto al grupo del Banco Comunal del cual forma parte comenta que en éste existe muy buena comunicación.
Chillán es una comuna de la zona centro sur de Chile. Su nombre significa “silla del sol” en mapudungun, idioma de nuestros indígenas mapuches. Chillán es conocida como “Cuna de la Patria” o “Tierra de Artistas”, debido a que en la ciudad han nacido destacados personajes de la historia de Chile, como por ejemplo el conocido pianista Claudio Arrau.




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
  • 480.5
    Chile Pesos (CLP) = $1 USD

Success!! The loan was 100% repaid

A portion of El Amanecer Group's $7,725 loan helped a member to buy fabrics, tablecloths and curtains for decoration.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Aug 23, 2012
Listed
Sep 14, 2012
Currency Exchange Loss:
Possible
Ended:
Jan 15, 2013