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La Gavilla Group
In this Group: Nataly, Maria Elena, Luz, Margot, Nancy, Elizabeth, Teresa, Cristian, Sandra, Ana, Carolina, Felipe, Barbara, America, Fabiola, Berta, Andrea
This communal bank called "La Gavilla" is made up of 17 enterprisers who make a living in different fields among which one can find market-place vendors, bakeries, dressmaking, sales of plastic accessories and various items for the home, fast food sales, and services, among others. All of the members belong to the town of San Bernardo, located in the city of Santiago.

Nataly, a member of the communal bank, can be found sitting in the first row of the photo in the first place from right to left wearing blue pants and a pink jacket. Her hair is long, worn down, and dark brown. She has made a living by selling clothing, sunglasses, and sandals (according to the season) for a year. She says that she works in the free fairs from Tuesday to Sunday and she arranges her schedule according to her availability. The merchandise that she needs to sell in the free fairs she buys from distributors and importers where she finds the items at low cost, thus financially agreeable.

She will buy sunglasses and Halloween items with the loan.

Her business goals are to have a shop in order to be more contented with her merchandise and to tend to her customers more comfortably, and to stock up on more items that the same customers have requested. Nataly lives together with her mother and her small 6-year-old daughter who is in school. Her work-related dream is to have her own shop, and her personal dream is to have more resources in the home since her daughter is growing up and the need to give her a good life increases. She is very happy and grateful for the opportunity offered to her by Fondo Esperanza since it will allow her to invest in her business. In respect to the communal bank group that she is a part of, she says that there is very good communication. On the other hand, the training has helped her to learn new sales and accounting strategies.

San Bernardo is a city located 19 km in a straight line south of La Plaza de Armas in Santiago (the capital of Chile). It is known as the capital of folklore due to the fact that each year in January it puts on the International Festival of Folklore, an event in which the roots of the country meet and musical groups from all of South America get together. There is also the Traditional Crafts Fair in which as many Chilean artists participate as those from other nearby countries. Then in April there is the event "Abril cuecas Mil" which consists of dancing the "cueca" (a traditional Chilean dance) throughout the entire town.
View original language description ↓
Este Banco Comunal se llama “La Gavilla” está conformado por 17 emprendedores quienes se dedican a diferentes rubros, entre los cuales s e encuentran; feriantes, amasandería, costuras, venta de accesorios plásticos, accesorios varios para el hogar, venta de comida rápida, servicios entre otros. Todos ellos pertenecientes a la comuna de San Bernardo, ubicada en la ciudad de Santiago.
Nataly, 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 pantalón de color azul, un chaleco de color rosado, su cabello es largo y lo usa tomado y es de color castaño oscuro.
Ella se dedica a la venta de ropa, lentes de sol y chalas (según la temporada), desde hace 1 año. Comenta que trabaja en las ferias libres de martes a domingo y su horario lo distribuye de acuerdo a su disponibilidad.
La mercadería que va necesitando para vender en las feria libres, las compra en distribuidoras e importadoras donde encuentra los articulos a bajo costo, por lo tanto conveniente económicamente.
Con el crédito comprará lentes de sol y articulos para la noche de halloween.
Las metas en su negocio son tener un local, para estar más tranquila con su mercadería y atender a su clientela más cómodamente y abastecerlo de mas articulos que la misma clientela le ha solicitado.
Nataly vive junto a su madre y su hija pequeña de 6 años de edad quien se encuentra estudiando. Sus sueños a nivel laboral son tener su local propio, y a nivel familiar contar con mas recurso en el hogar, ya que su hija va creciendo y al mismo tiempo crece la necesidad de darles un buen pasar.
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.
San Bernardo es una ciudad, ubicada a 18 km. en línea recta hacia el sur desde la plaza de armas de Santiago (capital de Chile). Es conocida como la capital del folklore, debido a que cada año, en enero, se realiza el "Festival Internacional del Folklore", un evento en el que las raíces del país se dan cita y se reúnen agrupaciones musicales de toda Sudamérica. También se desarrolla la "Feria de Artesanía Tradicional", en la que participan tanto artesanos chilenos como de otros países cercanos. Luego en abril se realiza el evento “Abril cuecas Mil” que consiste en hacer bailar cueca (baile tradicional chileno) a toda la comuna.


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 La Gavilla Group's $3,825 loan helped a member to buy sunglasses and Halloween items.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Sep 26, 2012
Listed
Sep 28, 2012
Currency Exchange Loss:
Possible
Ended:
Feb 15, 2013