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Pan De Vida Group
In this Group: Jessica, Nayareth, Rosa, Jessica, Ester, Valeria, Vivian, Oscar, Gloria, Luz, Miguel Angel, Maria, Ricardo, Hugo, Victoria, Claudia, Marisol, Fernando
This communal bank is called Pan de Vida and it is made up of 18 entrepreneurs who work in different fields, such as clothing sales, manicure, stallholders, fast food sales, fried pastry sales, plastic sales, table cloth sales, home decor, and services, among others. They all come from the area of Pintana located in the city of Santiago.

Communal bank member Jessica is pictured sitting in the first row, second from the right, wearing a black sweater with a blue cardigan over it, glasses, a small chain, and dark brown hair pulled back.

She has been making digital prints for two months (digital printing is a process that consists of printing a digital archive directly to paper with toner). She tells us that she works in a rented space and that she sets her schedule according to its availability.

She buys the merchandise she needs directly from distributors who specialize in low-cost printing, which makes it a better deal.

With this loan she will buy coffee mugs, ink, piggy banks, and t-shirts for prints.

One of Jessica's goals is to help out other businesses and give work to other people, thereby generating more income and achieving a better quality of life.

Jessica lives with her husband and their three children, who are 18, 17, and 10 years old and who are all in school. Her dreams for her family are to give her children the best and a bright future for their education.

She is very happy and thankful for the opportunity Fondo Esperanza has offered her, as it will allow her to invest in her business. As regards the communal bank she belongs to, she tells us that it has very good communication. As far as the trainings go, they have helped her learn new sales and accounting strategies.

La Pintana is a neighborhood located in the southern part of Santiago (Chile's capital), in the metropolitan region. It is known for being a neighborhood with high instances of poverty, where over 10 percent of its inhabitants live in impoverished conditions. Because of that, the local authority (municipality) has taken the trouble to develop several social programs focused on contributing to the improvement of the quality of life of its residents.
View original language description ↓
Este Banco Comunal se llama “Pan de Vida” está conformado por 18 emprendedores quienes se dedican a diferentes rubros, entre los cuales se encuentran; venta de ropa, manicure, feriantes, venta de comida rápida, venta de sopaipillas, venta de articulos plásticos, venta d manteles, articulos para el hogar, servicios entre otros. Todos ellos pertenecientes a la comuna de la Pintana, ubicada en la ciudad de Santiago.
Jessica, 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 una polera de color negro y encima usa un chaleco de color Calipso, lleva puesto anteojos, de adorno una cadenita, su cabello es de color castaño oscuro y lo usa tomado.
Ella se dedica al rubro de impresiones digitales (La impresión digital es un proceso que consiste en la impresión directa de un archivo digital a papel, por medio de tóner), desde hace 2 meses. Comenta que trabaja en un local el cual arrienda y su horario lo distribuye de acuerdo a su disponibilidad.
La mercadería que va necesitando la compra directamente a proveedores que se especializan en impresiones a bajo costo, por lo tanto conveniente económicamente.
Con el crédito comprará tazones,tintas, alcancías, poleras para las impresiones.
Una de las metas de Jessica es habilitar otros locales y dar trabajo a otras personas, así con esto generar mayores ingresos y optar a una mejor calidad de vida.
Jessica vive junto a su esposo y sus tres hijos de 18, 17 y 10 años de edad, quienes se encuentran estudiando. Sus sueños a nivel familiar es darle lo mejor a sus hijos y un buen futuro para los estudios.
Ella se encuentra muy contenta y agradecida de la oportunidad brindada por Fondo Esperanza, ya que le permitirá invertir en su negocio. Respecto al Banco Comunal del cual forma parte, comenta que en éste existe muy buena comunicación. Respecto a las capacitaciones, le han servido para aprender nuevas estrategias de venta y contabilidad.
La Pintana es una comuna ubicada al sur de Santiago (capital de Chile), en la región Metropolitana. Se caracteriza por ser una comuna con altos índices de pobreza, donde más de un 10 por ciento de los habitantes vive en situación de indigencia. Por lo anterior, la autoridad local (municipalidad) se ha preocupado de desarrollar variados programas sociales enfocados a aportar al mejoramiento de la calidad de vida de sus habitantes


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
  • 475.6
    Chile Pesos (CLP) = $1 USD

Success!! The loan was 100% repaid

A portion of Pan De Vida Group's $3,725 loan helped a member to buy coffee mugs, ink, piggy banks, and t-shirts for prints.
100% repaid
Repayment Term
5 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Sep 14, 2012
Listed
Oct 14, 2012
Currency Exchange Loss:
Possible
Ended:
Jan 15, 2013