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Juntos Crecemos Group
In this Group: Julia, Marisol, Marcela, Marisol, Sandra, Katty, Jessica, Cynthia, Leslie, Ema, Lorena, Johanna, Angelina, Ingrid, Ester, Paulina, Ximena
This communal bank is called "Juntos Crecemos.” It is made up of 17 members who work in different sectors, including sale of fast food, hot dogs, sopaipillas (Chilean fried pastry), personal hygiene items, clothing, salads, services and other activities. All of them are from the San Bernardo commune, located in the city of Santiago.

Julia is a member of the communal bank. She is in the photo, standing in the first row, occupying the second place from left to right, wearing a black jacket with grey-colored zippers that stand out. She has light brown hair and wears it plulled back.

She has been selling at street markets for seven years, offering clothing and hygiene items. She says that she works Tuesdays, Thursdays, Fridays, and Saturdays, and that she arranges her hours of work according to her availability.

She buys the merchandise and supplies she needs in the city of Santiago, at distributors that are low-cost, and therefore advantageous financially.

With the loan, she will buy ponchos, straw hats, handkerchiefs, and all kinds of accessories for the national holiday.

One of Julia's goals is to contrinue with her business, and to be able to expand even more, in order to generate greater income, and this way aim for a better quality of life.

Julia lives with her husband and 14-year-old son who is in school. Her dream at the family level is to always keep her sales business going; as this hard work has enabled her to pay for her son's schooling and save for tomorrow, so that he can attend university.

She is very pleased and grateful for the opportunity offered by Fondo Esperanza, as it will allow her to invest in her business. She says that the training has been key for her business and also for her personal development, as she has learned to better organize and allocate her revenues and expenditures. With respect to the group she belongs to, she feels at ease, as there is trust and respect.

San Bernardo is a city located 18 km south in a straight line from the central square of Santiago (Chile's capital). It is known as the "Capital of Folklore," due to the fact that each year, in January, the International Folklore Festival takes place. This is an event in which the country's roots come together and musical groups from all over South America gather.

The Traditional Crafts Fair is also held, in which both Chilean craftspeople and those of other nearby countries participate. Then in April, the April of a Thousand Cuecas is held, which involves having the entire commune dance the cueca (a traditional Chilean dance).
View original language description ↓
Este Banco Comunal se llama “Juntos Crecemos” está conformado por 17 emprendedores quienes se dedican a diferentes rubros, entre los cuales se encuentran; feriantes, venta de comida rápida, venta de completos, venta de sopaipillas, venta de articulos de aseo, venta de ropa, venta de ensaladas, servicios entre otros. Todos ellos pertenecientes a la comuna de San Bernardo, ubicada en la ciudad de Santiago.
Julia integrante del grupo del Banco Comunal, quien en la foto se encuentra de pie en primera fila, ocupando el segundo lugar de izquierda a derecha, viste una chaqueta de color negro que sobresalen los cierres de color gris, su cabello es de color castaño claro y lo usa tomado.
Ella se dedica al rubro de ventas de ferias libres donde ofrece ropa, articulos de aseo, ropa interior, desde hace 7 años. Comenta que trabaja los martes, jueves, viernes y sábados y su horario lo distribuye de acuerdo a su disponibilidad.
La mercadería e insumos que va necesitando los compra en la ciudad de Santiago en distribuidoras a bajo costo, por lo tanto conveniente económicamente.
Con el crédito comprará ponchos, chupallas, pañuelos, todo tipo de accesorio para las Fiestas Patrias.
Una de las metas de Julia son seguir con el negocio, poder ampliarse aun mas para generar mayores ingresos, así con esto optar a una mejor calidad de vida.
Julia vive junto a su esposo y su hijo de 14 años de edad quien se encuentra estudiando. Sus sueños a nivel familiar es estar siempre vigente en las ventas, ya que con este trabajo de esfuerzo le ha podido pagar a su hijo los estudios, y guardar para el dia de mañana para que tenga estudios universitarios.
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. Respecto al grupo del cual forma parte se siente cómoda ya que existe respeto y confianza.
San Bernardo es una ciudad, ubicada a 18 km. en línea recta hacia el sur desde la plaza de armas de Santiago (capital de Chile). Es conocida como la capital del folklore, debido a que cada año, en enero, se realiza el "Festival Internacional del Folklore", un evento en el que las raíces del país se dan cita y se reúnen agrupaciones musicales de toda Sudamérica. También se desarrolla la "Feria de Artesanía Tradicional", en la que participan tanto artesanos chilenos como de otros países cercanos. Luego en abril se realiza el evento “Abril cuecas Mil” que consiste en hacer bailar cueca (baile tradicional chileno) a toda la comuna.






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
  • 480.5
    Chile Pesos (CLP) = $1 USD

Success!! The loan was 100% repaid

A portion of Juntos Crecemos Group's $3,575 loan helped a member to buy ponchos, straw hats, handkerchiefs, and all kinds of accessories for the national holiday.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Aug 30, 2012
Listed
Sep 14, 2012
Currency Exchange Loss:
Possible
Ended:
Jan 15, 2013