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Retiro Emprende Con Esperanza Group
In this Group: Cecilia, Ruth, Evelyn, Moises, Fidelina, Carmen, Elizabeth, Ruben, Alicia, Sandra, Eliana, Ana, Monica, Marcelo, Carolina, Teresa, Victor, Eloisa, Felix
The name of this communal bank is “Retiro Emprende con Esperanza”. It is comprised of 19 entrepreneurs who devote themselves to different fields. Among their businesses are a warehouse, bookstore, selling crockery, vegetables, selling clothes, cake shop, selling pet food, bakery, beauty products, and services, among others. All of them are from the city of Linares.

Cecilia, a member of the communal bank, is seated in the first row, fourth person going from right to left in the photo. She is wearing a brown t-shirt with a black vest. She has short, dark brown hair. Her little granddaughter, Alison, is on her lap.

Cecilia has been selling clothes and household items for two years. She says that she works at home Mondays through Sundays. Her delivery schedule is according to her availability.

She buys the merchandise she needs to stock her business in the city of Santiago. She works by customer order, and she gets the clothes and accessories that have been ordered. She finds them at a low cost, which is consequently cost effective.

She will use the loan to buy children’s and adult’s clothes and household items like lamps and curtains.

One of Cecilia’s goals is to set up a bazaar type store in her house. She also wants to expand it in order to increase her income and provide her family with good stability.

Cecilia lives with her husband and their three children, ages 27, 20, and 8. Her dreams on a work level are to stabilize with her bazaar type business. On a family level her dream is for her children to lack nothing and for all of them to have a good quality of life.

She is very happy and grateful for the opportunity given to her by Fondo Esperanza. It will allow her to invest in her business. Regarding her communal bank, she says that they have very good communication. The trainings have served for her to learn new strategies about sales and accounting.

Linares is an important urban center in the Maule region, located in the country's central zone. In this area agricultural production stands out significantly, as well as the wine industry in the ambit of exports. In particular, cereal crops (rice, wheat, corn and oats), vegetables (beets, cabbage, lettuce, chard and legumes) and fruits are grown. Linares is Chile's main rice-producing province; in fact, 78% of the nation's production of this grain takes place in this province, especially in the municipality of Parral.
View original language description ↓
Este Banco Comunal se llama “Retiro Emprende con Esperanza” está conformado por 19 emprendedores quienes se dedican a diferentes rubros, entre los cuales se encuentran; almacén, librería, venta de loza, verduras, venta de ropa, pastelería, venta de comida de mascotas, amasandería, productos de belleza, servicios entre otros. Todos ellos pertenecientes a la ciudad de Linares.
Cecilia, 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 una polera de color café, encima lleva puesto un chaleco de color negro, su cabello lo usa corto y es de color castaño oscuro y en sus piernas se encuentra su pequeña nieta Alison.
Ella se dedica al rubro de venta de ropa y articulos para el hogar, desde hace 2 años. Comenta que trabaja en su casa de lunes a domingo y su horario lo distribuye de acuerdo a su disponibilidad.
La mercadería que va necesitando para abastecer su negocio la compra en la ciudad de Santiago, ya que trabaja a pedido de su clientela y trae la ropa y accesorios ya solicitados, los encuentra a bajo costo por lo tanto conveniente económicamente.
Con el crédito comprará ropa para niños y adultos, articulos para el hogar como lámparas, cortinas.
Una de las metas de Cecilia es instalar un bazar en su casa y agrandarlo, para generar mayores ingresos y una buena estabilidad a su familia.
Cecilia vive junto a su esposo y tres hijos de 27, 20 y 8 años de edad. Sus sueños a nivel laboral es estabilizarse con su bazar, y a nivel familiar que no falte nada para sus hijos y una buena calidad de vida para todos.
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.
Linares es un importante centro urbano de la región del Maule, ubicado en la zona centro del país. En esta zona se desarrolla de manera importante la producción agrícola y también vitivinícola sobresaliendo en el ámbito de las exportaciones. Destacan los cultivos de cereales (arroz, trigo, maíz y avena), hortalizas (remolacha, repollo, lechuga y acelga y legumbres) y frutas. Linares es la principal provincia productora de arroz, en Chile; de hecho, el 78% de la producción nacional de este cereal se da en esta provincia, especialmente en la comuna de Parral.



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
  • 470.3
    Chile Pesos (CLP) = $1 USD

Success!! The loan was 100% repaid

A portion of Retiro Emprende Con Esperanza Group's $5,175 loan helped a member to buy children’s and adult’s clothes and household items like lamps and curtains.
100% repaid
Repayment Term
5 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Sep 12, 2012
Listed
Sep 27, 2012
Currency Exchange Loss:
Possible
Ended:
Jan 15, 2013