Check out some available loans that are similar to this one!
Mujeres De Familia Group
In this Group: Angelina, Nadia, Yeanitza, Fabiola, Judith, Victoria, Carla, Cynthia, Maria Teresa, Irma, Lorena, Yessica, Claudia, Flor , Sandra, Karin, Pamela, Nathalie
This communal bank is named "Family Women" (Mujeres de Familia), and it is made up of 18 entrepreneurs who are engaged in different economic activities, among which are: cosmetology, sewing, selling carpets, clothes, variety shops, fast food, crafts, services, and others. All the members are from the city of Coronel.

Angelina is a member of the communal bank. She is sitting in the front row and is the first one on the right in the picture, wearing a pink jacket, pants and boots in black, her hair is light brown, and she wears it loose. She has been in the business of sewing clothing for the past four years. She says that she also engages in other work, such as handicrafts, embroidery, selling clothing and accessories for women, and that she works at home sometimes, and sometimes goes door to door offering her merchandise. Her work schedule is varied according to her availability.

The goods and supplies that she needs, she buys in the city of Concepción in Cordonerías, where there are local distributors of handicrafts and accessories at low cost, which makes this economically smart. With her loan, she will buy women's clothing, accessories like handbags, and bracelets, to restock her business. One of Angela's goals is to find a boutique where she could show all her goods neatly arranged for her customers to look at, and to generate more income for a better quality of life.

Angelina lives with her husband and their four children, ages 19, 16, 12 and 4 years old. Their dreams as a family are to grow their business to give a good future to her children and the education they need to become white-collar workers. She is very happy and grateful for the opportunity provided by Fondo Esperanza, which allows her to invest in her business. About the community bank where is a member, says that they have very good communication in their group. Furthermore, she says that their trainings have helped her learn new sales strategies and accounting.

Coronel is a community located in the south of Chile, near the city of Concepción, Biobío Region. It has an economy based on services, forest harvesting, and agriculture. It also has a strong history in coal mining, an activity that is not currently performed, but which was exemplified by the coal mine "Chiflón Puchoco," which is now a mining museum.
View original language description ↓
Este Banco Comunal se llama “Mujeres de Familia” está conformado por 18 emprendedores quienes se dedican a diferentes rubros, entre los cuales se encuentran; cosmetología, costuras, venta de alfombras, ropa, bazar, comida rápida, artesanía, servicios entre otros. Todos ellos pertenecientes a la ciudad de Coronel.
Angelina, 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 una chaqueta de color rosado, pantalón y botines de color negro, su cabello es de color castaño claro y lo usa suelto.
Ella se dedica al rubro de confección, desde hace 4 años. Comenta que además se dedica a otros rubros como artesanía, bordados, venta de ropa y accesorios para damas, trabaja algunas veces en su casa y otras veces va de puerta en puerta ofreciendo su mercadería, su horario de trabajo lo distribuye de acuerdo a su disponibilidad.
La mercadería e insumos que va necesitando los compra en la ciudad de Concepción en cordonerías, locales y distribuidoras donde encuentra articulos de artesanía y accesorios a bajo costo, por lo tanto conveniente económicamente.
Con el crédito comprará ropa para dama, accesorios como carteras, pulseras, para abastecer su negocio.
Una de las metas de Angelina es colocar una boutique donde pueda mostrar toda su mercadería ordenadamente a su clientela, y para generar mayores ingresos, así con esto optar a una mejor calidad de vida.
Angelina vive junto a su marido y sus cuatros hijos de 19, 16, 12 y 4 años de edad. Sus sueños a nivel familiar que crezca su negocio para darles un buen pasar a sus hijos y un buen futuro en los estudios, para que sean grandes profesionales.
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.
Coronel es una comuna ubicada al sur de Chile, cerca de la ciudad de Concepción, región del Bíobío. Posee una economía basada en servicios, explotación forestal, agricultura. Cuenta también con una importante tradición minera en carbón, actividad que ya no se realiza, pero de la cual quedó la mina de carbón “Chiflón Puchoco”, convertida ahora en museo minero.







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 Mujeres De Familia Group's $3,100 loan helped a member to buy women's clothing, accessories like purses and bracelets, and to stock her store.
100% repaid
Repayment Term
5 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Oct 17, 2012
Listed
Oct 23, 2012
Currency Exchange Loss:
Possible
Ended:
Feb 15, 2013