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Semilla De Esperanza Group
In this Group: Maria Angelica, Valentina, Carmen, Luis, Paola, Rosa, Elsa, Claudia, Geraldine, Solange, Sandra, Veronica, Elba, Carola, Roxana, Elsa, Isabel, Patricia
This communal bank is called “Semilla de Esperanza” and is made up of 18 enterprising men and women who work in different areas. These include boutiques, metal structure sales, clothing sales, and desserts, sale of household goods, among other things. All of them live in the city of Concepción.

Maria is a member of the communal bank, who is shown in the photograph, seated in the first row, second from the left, wearing blue jeans, an orange top, and a scarf. She has short hair and wears it loosely.

She has had a general store for the past six months and she says that she has a stall within an inside marketplace, where she sells her accessories. She works Monday through Saturday from 10:00am to 8:00pm.

She buys her merchandise in different supermarkets, distributors, and shops in Santiago, where she can get it at lower prices and therefore more economically. She will use the money from this loan to buy t-shirts, scarves, detergents, and various household items.

One of Maria’s goals is to continue in this business and grow it daily and be able to move it to the city center so that she can increase her sales and income.

Maria lives with her two children, ages 19 and 17, who attend school. Her dreams are to have a vehicle so that she can transport her merchandise and grow her business. She also wants to have a home of her own.

She is very happy and grateful for the opportunity provided by Fondo Ezperanza because it helps her to grow her business. She says that there is good communication among the members of her communal bank and that the training has helped her learn new sales and accounting strategies.

Concepción is located at the mouth of the Biobío river, one of the largest in the country, in the south of Chile, in the Biobío region. It has an important historical significance, having been the center of important battles and settlements, especially during the Arauco War, being located on the border of the mapuche territory. Currently the city has an important economic and demographic development, being considered to be one of Chile’s most relevant urban demographic, administrative, financial, and business nuclei, after Santiago y Valparaíso.
View original language description ↓
Este Banco Comunal se llama “Semilla de Esperanza” está conformado por 18 emprendedores quienes se dedican a diferentes rubros, entre los cuales se encuentran; boutique, venta de estructuras metálicas, venta de ropa, repostería, venta de articulos para el hogar, servicios entre otros. Todos ellos pertenecientes a la ciudad de Concepción.
Maria, integrante del grupo del Banco Comunal, quien en la foto se encuentra sentada en primera fila, ocupando el segundo lugar de derecha a izquierda, viste blue jeans, polera de color naranjo un pañuelo alrededor de su cuello, su cabello es corto, lo usa suelto y es de color castaño claro.
Ella se dedica al rubro de bazar, desde hace 6 meses. Comenta que se ubica en un local dentro de una galería comercial donde ofrece sus accesorios, trabaja de lunes a sábado y su horario es de 10ºº a 20ºº horas.
La mercadería e insumos que va necesitando los compra en la ciudad de Santiago, en diferentes supermercados, distribuidoras y locales donde encuentra su mercadería a bajo costo, por lo tanto conveniente económicamente.
Con el crédito comprará poleras, pañuelos, detergentes, articulos varios para el hogar.
Una de las metas de Maria es continuar en su rubro y crecer diariamente y poder trasladarse al centro de su ciudad para mejorar sus ventas e ingresos.
Maria vive junto a sus dos hijos de 19 y 17 años de edad, quienes se encuentran estudiando. Su sueño a nivel laboral es tener un vehículo para llevar su mercadería y agrandar su negocio, y a nivel familiar tener su casa propia.
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.
Concepción, está asentada en la desembocadura del río Biobío, uno de los más grandes del país, al sur de Chile, en la región del Bíobío. Ha tenido una importante función en nuestra historia, siendo sede de importantes batallas y asentamiento relevante, especialmente durante la Guerra de Arauco, por estar en la frontera con territorio mapuche. Actualmente la ciudad posee un importante desarrollo económico y demográfico, llegando a ser considerada como uno de los núcleos urbanos, demográfico, administrativo, financiero y comercial más relevantes de Chile, después de Santiago y Valparaíso.




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
  • 472.7
    Chile Pesos (CLP) = $1 USD

Success!! The loan was 100% repaid

A portion of Semilla De Esperanza Group's $3,525 loan helped a member to buy t-shirts, scarves, detergents, and household goods.
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