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Full Equipo Group
In this Group: Alejandra, Laura, Hilda, Liliana, Yemmi, Karen, Maria, Maria, Veronica, Diana, Gloria, Sandra, Marcela, Margarita, Jessica, Dayan, Rosa
This communal bank is called "Full Equipo." It consists of 17 entrepreneurs who work in different areas, among which are bazaar sales, selling french fries, selling roasted chicken, selling kites, selling empanadas, selling homemade bread, selling underwear, street market vendors, bakery, selling hot dogs, selling salads, and services, among others. All the members are from the community of Puente Alto, located in the city of Santiago

Alejandra is the treasurer of the communal bank group. In the photo she is seated in the first row, in the first seat going from left to right. She is wearing white pants, a black T-shirt, and a white sweater. Her hair is short and is light brown. She has been working in the area of installing, repairing, and accessories for automatic washing machines for 8 months. She comments that she works with the help of her husband at the Feria Libre market and sometimes in customers' homes, other times in her home. They work all week, and they plan their schedule according to their availability.

She buys the merchandise and supplies that she needs to repair washing machines from distributors and importers, where they have spare parts specifically for washing machines. With the loan, she will buy spare parts, filters, and belts to repair washing machines. One of Alejandra's goals is to have an established location where she can have a regular workshop, her customers can come, and she can help them in a peaceful atmosphere. Alejandra lives with her husband and three children, ages 6, 6, and 2. Her dream with regard to her work is to be able to be independent and to have the necessary documents to have a shop to repair automatic washing machines.

She is very happy and thankful for the opportunity offered by Fondo Esperanza, since it will allow her to invest in her business. With regard to the communal bank group of which she is a part, she comments that in it there is very good communication. In addition, the training has helped her to learn new strategies for sales and accounting.

Puente Alto is a community located in the north of Santiago, the capital of Chile. It was founded as a small rural town at the end of the 19th century, but given its demographic growth, it is now one of the communities in Chile with a large population, surpassing 600 thousand inhabitants. It is the port of entry to one of the mountain slope sectors of the metropolitan region, known as the Maipo River Canyon, an area with spaces for walking, horseback riding, and rafting, among other activities, and accommodation and food services.
View original language description ↓
Este Banco Comunal se llama “Full Equipo” está conformado por 17 emprendedores quienes se dedican a diferentes rubros, entre los cuales se encuentran; bazar, venta de papas fritas, venta de pollo asado, venta de volantines, venta de empanadas, venta de pan amasado, ropa interior, feriantes, pastelería, venta de completos, venta de ensaladas, servicios entre otros. Todos ellos pertenecientes a la comuna de Puente Alto, ubicada en la ciudad de Santiago.
Alejandra, tesorera del grupo del Banco Comunal, quien en la foto se encuentra sentada en primera fila, ocupando el primer lugar de izquierda a derecha, viste un pantalón de color blanco. Polera de color negro y un sweater de color blanco, su cabello lo usa corto y es de color castaño claro.
Ella se dedica al rubro de preparación, reparación y accesorios de lavadoras automáticas, desde hace 8 meses. Comenta que trabaja con la ayuda de su marido en feria libres, a veces a domicilio y otras veces en su casa, trabajan toda la semana y su horario lo distribuyen de acuerdo a su disponibilidad.
La mercadería e insumos que necesita para la reparación de lavadoras las compra en distribuidoras e importadoras donde encuentra repuestos específicos para las lavadoras.
Con el crédito comprará repuestos, mallas, fundas, para el arreglo de lavadoras.
Una de las metas de Alejandra es tener un local establecido donde tenga su taller fijo y llegue su clientela y la atienda tranquilamente.
Alejandra vive junto a su esposo y tres hijos de 6, 6 y 2 años de edad. Sus sueños a nivel laboral es poder ser independiente y contar con los documentos necesarios para tener un local para reparar lavadoras automáticas.
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.
Puente Alto es una comuna ubicada al norte de Santiago, capital de Chile. Fue fundada como un pequeño pueblo rural a fines del siglo XIX, pero dado su crecimiento demográfico es actualmente una de las comunas con mayor población de Chile, superando los 600 mil habitantes. Es la puerta de entrada a uno de los sectores precordilleranos de la región Metropolitana, conocido como el Cajón del Maipo, sector con espacios de caminatas, cabalgatas, rafting, entre otras actividades y servicios de alojamiento y alimentación.








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
  • 472.7
    Chile Pesos (CLP) = $1 USD

Success!! The loan was 100% repaid

A portion of Full Equipo Group's $3,400 loan helped a member to buy spare parts, filters, and belts to repair washing machines.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Aug 29, 2012
Listed
Sep 27, 2012
Currency Exchange Loss:
Possible
Ended:
Jan 15, 2013