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Forjadores De La Vida Group
In this Group: Monica, Georgina, Roxana, Elena, Maria, Monica, Elena, Yaskara, Norma, Alejandro, Nancy, Norma , Lisett, Marisol, Marta, Maria, Ana
The "Forjardores de La Vida" community bank consists of 17 enterprising women who make a living in different trades, among which: selling at flea markets, selling vegetables, selling fruits, selling plants, sewing, selling table clothes, and other services. All of the members are from the city of Concepción, Chile. Mónica, a group member who is seated in the photo fourth from the right in the front row with a lilac jumpsuit, has made a living selling assorted salads for the past 12 years. She says she works Wednesdays and Saturdays, selling in the streets and other times at flea markets, her schedule depending on availability. She buys her merchandise and supplies at the commercial center where farmers bring in their products, where she finds fresh vegetables at low costs, which is financially beneficial. With the loan, she plans to purchase olives, cabbage, lettuce and carrots to stock her business. One of Mónica's goals is for her business to grow and to have a store where she can offer her products so she can generate more income and thus improve her quality of life. Mónica lives with her husband and their three children, two of whom are in school and the oldest of whom is working. Her dream for work is having her own store, and her familial dream is to have her own home since they live on her mother's land. She is very content and grateful for the opportunity provided by Kiva partner Fondo Esperanza, which has allowed her to invest in her business. Furthermore, she feels comfortable with the fellow members of her community bank, because the different activities and interests serve as a welcomed distraction. In respect to the training she has received at the group meetings, she has learned to better administer her business. Concepción is seated at the mouth of the Biobío River, one of the largest in the country, in southern Chile in the region of Biobío. It has played an important role in the nation's history, being sight of important battles and treaties, especially during the Arauco War (a long-running conflict between colonial Spaniards and the Mapuche people). Currently the city is undergoing an important economic and demographic development to come to be considered one of the most relevant urban, demographic, administrative, financial and commercial centers in Chile, after Santiago and Valparaíso.
View original language description ↓
Este Banco Comunal se llama “ Forjadores de la Vida” está conformado por 17 emprendedores quienes se dedican a diferentes rubros, entre los cuales se encuentran; feriantes, venta de verduras, venta de frutas, venta de plantas, costuras, venta de manteles, servicios entre otros. Todos ellos pertenecientes a la ciudad de Concepción.
Mónica integrante del grupo del Banco Comunal, quien en la foto se encuentra sentada en primera fila, ocupando el cuarto lugar de derecha a izquierda, viste un chaleco y pantalón de color lila, su cabello lo usa suelto y es de color castaño., en sus piernas lleva su cartera de color negro.
Ella se dedica a la venta de ensaladas surtidas, desde hace 12 años. Comenta que trabaja los miércoles y sábado, en las calles y otras veces en las ferias, su horario de trabajo lo distribuye de acuerdo a su disponibilidad.
La mercadería e insumos que va necesitando los compra en la vega (abundante comercio de productos del campo) donde encuentra sus verduras frescas a bajo costo, por lo tanto conveniente económicamente.
Con el crédito comprará aceitunas, repollo, lechugas, zanahorias para abastecer su negocio.
Una de las metas de Monica es crecer y llegar a tener un local para ofrecer su mercadería, para generar mayores ingresos, así con esto optar a una mejor calidad de vida.
Monica vive junto a su esposo y 3 hijos quienes dos de ellos se encuentran estudiando y el mayor trabajando. Sus sueños a nivel laboral es tener su local, y a nivel familiar tener su casa propia ya que vive de allegada en el terreno de madre.
Ella esta 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 e intereses, lo cual le ha servido como un momento de distracción.
Respecto a la s capacitaciones impartidas en las reuniones, ha aprendido administrar su negocio de mejor manera.
Concepción, está asentada en la desembocadura del río Biobío, uno de los más grandes del país, al sur de Chile, en la región del Bíobío. Ha tenido una importante función en nuestra historia, siendo sede de importantes batallas y asentamiento relevante, especialmente durante la Guerra de Arauco, por estar en la frontera con territorio mapuche. Actualmente la ciudad posee un importante desarrollo económico y demográfico, llegando a ser considerada como uno de los núcleos urbanos, demográfico, administrativo, financiero y comercial más relevantes de Chile, después de Santiago y Valparaíso.



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
  • 1
    View loans »
    Chile Loans Fundraising
  • $2,587,775
    Funds lent in using Kiva
  • 476.1
    Chile Pesos (CLP) = $1 USD

Success!! The loan was 100% repaid

A portion of Forjadores De La Vida Group's $4,400 loan helped a member to purchase olives, cabbage, lettuce and carrots to stock her business.
100% repaid
Repayment Term
5 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Sep 4, 2012
Listed
Sep 26, 2012
Currency Exchange Loss:
Possible
Ended:
Jan 15, 2013