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Los Amigos Emprendedores Group
In this Group: Juana, Iris, Rosa, Patricia, Denise, Magdalena, Sofia, Jessica, Cecilia, Ana, Nancy, Pedro, Sergio, Fanny, Irlanda, Noldo, Elba, Aida, Antonio, Jacqueline, Ernestina, Estelvina, Jacqueline, Maritza, Patricia, Ana
The Community Bank, “Los Amigos Emprendedores” (The Entrepreneurial Friends), is made up of 25 members who work in various trades and professions, including: fruit sales, flower sales, vegetable sales, home accessories, fairs and markets, and other services. All the group members are from the city of Valparaíso.

In the group photo above, Juana is seated on the far right in the first row. She has long brown hair, and is wearing a brown striped sweater with an orange scarf, black pants and brown boots.

Juana makes a living selling toys and a variety of products at regional markets and bazaars. She works at a certain fair on Monday, Thursday, Saturday and Sunday of each week selling products to her customers. She purchases her merchandise from various importers and retailers in the city of Santiago at a relatively low cost, which is crucial to her successful resale of the merchandise.

With the support from this loan, Juana plans to purchase additional merchandise to stock her business, including: bubbles, baby clothing, remote control cars, and other children’s games and products.

One of Juana’s future goals is to grow and strengthen her business and to continue increasing the variety of products she offers to her customers. Since summer is approaching, Juana hopes this investment will help her to prepare for that busier season and will increase her profits and quality of life.

Juana lives with her son, who is 17 years old and is in school. Another of Juana’s dreams is to acquire her own vehicle for transporting merchandise to and from the markets and fairs where she works. With regard to her family, Juana’s goals include supporting her son through all his schooling, and giving him a future full of professional opportunities.

Juana is grateful for this opportunity from Fondo Esperanza which will allow her to invest in her business. She enjoys being a member of the Community Bank, as she has learned important communication skills, marketing strategies and accounting principles through her involvement in the group.

Valparaíso is located 120 kilometers to the northeast of Santiago, and is the regional capital as well as the legislative seat for the country. Chile’s largest port, Valparaíso offers a wide range of beautiful buildings, landscapes and attractions, as well as urban art and elaborate murals throughout the city streets. The house of Pablo Neruda, Nobel Prize winner and famous writer, is also located in Valparaíso.
View original language description ↓
Este Banco Comunal se llama “ Los Amigos Emprendedores” está conformado por 25 emprendedores, quienes se dedican a diferentes rubros, entre los cuales se encuentran; venta de fruta, venta de flores, feriantes, venta de verduras, accesorios para el hogar, servicios entre otros. Todos ellos pertenecientes a la ciudad de Valparaíso.
Juana, integrante del grupo del Banco Comunal, quien en la foto se encuentra sentada en primera fila, ocupando el primer lugar de derecha a izquierda, viste un chaleco con rayas de color café, usa una bufanda de color naranjo con flores, pantalón de color negro y botas de color café, su cabello es largo y lo usa suelto es de color castaño oscuro.
Ella se dedica al rubro de bazar, desde hace 6 años. Comenta que trabaja en una feria los días martes, jueves, sábado y domingo, donde ofrece sus accesorios a su clientela, específicamente vende juguetes.
La mercadería que va necesitando la compra en importadoras en la ciudad de Santiago a bajo costo, por lo tanto conveniente económicamente.
Con el crédito comprará remolinos, burbujas, ropa de bebe, autos a control remoto, juegos para abastecer su negocio.
Una de las metas de Juana es tener la posibilidad de crecer y continuar con su negocio, y agregar más accesorios ya que se acerca la temporada de verano, así con esto optar a una mejor calidad de vida.
Juana vive junto a su hijo de 17 años de edad, quien se encuentra estudiando. Sus sueños a nivel laboral es tener un medio de trasporte, un auto para poder movilizarse con su mercadería a diferentes partes y ferias para ofrecer su mercadería, y a nivel familiar ayudar a su hijo para que termine sus estudios y tener un buen futuro profesional.
Ella está 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.
Valparaíso está situado a 120 kilómetros al noroeste de Santiago. Es la capital regional y además sede del poder legislativo del país. Es el primer puerto de la nación y ofrece gran variedad de lugares hermosos y pintorescos, como por ejemplo la casa del poeta Pablo Neruda, ganador del Premio Nobel.

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

  • $19,100
    Average annual income
  • 0
    View loans »
    Chile Loans Fundraising
  • $2,637,700
    Funds lent in using Kiva
  • 470.3
    Chile Pesos (CLP) = $1 USD

Success!! The loan was 100% repaid

A portion of Los Amigos Emprendedores Group's $4,025 loan helped a member comprará remolinos, burbujas, ropa de bebe, autos a control remoto, juegos para abastecer su negocio.
100% repaid
Repayment Term
5 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Sep 14, 2012
Listed
Sep 28, 2012
Currency Exchange Loss:
Possible
Ended:
Jan 15, 2013