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Emprendiendo Con Esperanza Group
In this Group: Margarita, Maria, Isabel, Yessica, Aladino, Graciela, Marisa, Maria, Patricia, Carolina, Olivia, Barbara, Bernardo, Juan, Paulina, Ines, Jacob
This communal bank, called Emprendedores con Esperanza, is made up of 17 entrepreneurs who make their livings in different areas, including cake sales, charcoal sales, department store, clothing sales, mixed salad sales, beauty products, services, and others. All of them are in the city of Linares.

In the photo, Margarita, the president of the communal bank, is standing in the first row, second from the right, wearing a black jacket. She's wearing her dark-brown hair loose.

She has worked in the area of charcoal sales for five years. She comments that for the summer season she'll begin working with fruits, with blueberries. She works from Monday through Sunday from her house, and she arranges her schedule according to her availability. She buys her merchandise in shops and the city market in the city of Linares at low prices, which is economically advantageous.

With the loan she'll buy charcoal and bags to supply her business. One of Margarita's goals is to grow with the business to generate more income to have a better quality of life.

Margarita lives with her two children, ages 11 and 6, who are students. Her dreams for work are to have more charcoal and to add firewood to her business for more income. Her dreams for her family are for her children to finish their studies and in the future get professional degrees, and so see her work completed.

She's very happy about and grateful for the opportunity from Fondo Esperanza because it will allow her to invest in her business. She comments that the trainings have been fundamental for her business as well as for her personal development because she has learned to organize and better distribute her income and investments. With regard to her group, she feels very comfortable because there's communication and solidarity.

Linares is an important urban center in the Maule region, located in the central part of the country. In this area agriculture and wine production are important and stand out in the area of exports. The production of grains (rice, wheat, corn, and oats), vegetables (beets, cabbage, lettuce, chard, and legumes), and fruit stands out. Linares is the main rice-producing province in Chile; in fact, 78% of the country's production of this grain comes from this province, especially in the town of Parral.
View original language description ↓
Este Banco Comunal se llama “Emprendedores con Esperanza” está conformado por 17 emprendedores quienes se dedican a diferentes rubros, entre los cuales se encuentran; venta de pasteles, venta de carbón, almacén, venta de ropa, venta de ensaladas surtidas, productos de belleza, servicios entre otros. Todos ellos pertenecientes a la ciudad de Linares.
Margarita presidenta 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 una chaqueta de color negra, su cabello lo usa suelto y es de color castaño oscuro.
Ella se dedica al rubro de venta de carbón, desde hace 5 años. Comenta que para la temporada de verano comenzara a trabajar con frutas con arándano, trabaja de lunes a domingos desde su casa y su horario de trabajo lo distribuye de acuerdo a su disponibilidad.
La mercadería la compra en la ciudad de Linares en bodegas y mercado de la ciudad a bajo costo, por lo tanto conveniente económicamente.
Con el crédito comprará carbón y bolsas para abastecer su negocio.
Una de las metas de Margarita es crecer con su negocio para generar mayores ingresos, así con esto optar a una mejor calidad de vida.
Margarita vive junto a sus dos hijos de 11 y 6 años de edad, quienes se encuentran estudiando. Sus sueños a nivel laboral es tener más carbón y agregar leña a su negocio para mayores ingresos, y a nivel familiar son esperar a que sus hijos terminen de estudiar y a futuro obtengan un titulo profesional, y así ver su tarea cumplida.
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 muy cómoda ya que existe comunicación y solidaridad.
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
  • $2,552,775
    Funds lent in using Kiva
  • 470.3
    Chile Pesos (CLP) = $1 USD

Success!! The loan was 100% repaid

A portion of Emprendiendo Con Esperanza Group's $4,275 loan helped a member to buy charcoal and bags to supply her business.
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