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Nueva Oportunidad Group
In this Group: Elsa, Lorena, Maria, Ximena, Maria Del Carmen, Alamias, Jacqueline, Cecilia, Maria, Victoria, Maria, Paola, Jorge, Jeannette, Claudia
This Communal Bank is named “Nueva Oportunidad” (New Opportunity) and consists of 15 entrepreneurs who engage in various trades such as selling clothing, managing a vending stall, selling tools, operating a bakery, weaving, providing services, and other activities. All of the members are from the city of Talca.


Elsa is a member of this Communal Bank group. In the photo, she is standing in the back row in the third position from right to left. She is wearing a coffee-colored blouse and has dark brown hair that is pulled back. Elsa has been selling clothes and managing a bakery for five years. She says that she works Monday through Saturday and her distribution schedule is determined by what she has available. Elsa offers her products from her house and she has many customers. The merchandise and supplies that she needs are purchased from supermarkets and shops that sell at low cost, which is financially convenient for her. She will use her loan to buy butter, flour, eggs, oil, and clothing.


One of Elsa’s goals is to continue her businesses and buy an industrial electric oven so that she can generate more income. This will help her achieve a better quality of life. Elsa lives with her two children, a 14-year-old and a 10-month-old. Her dreams for her family and for herself include owning a house so that she can provide for children’s welfare.


Elsa is very pleased and appreciative of the opportunity that Fondo Esperanza has given her. She says that there is good communication within the organization. With regard to the training, Elsa has learned new sales strategies and accounting techniques.


Talca is in the region of Maule and is located in the central part of the country. It is the administrative, economic, and cultural center of the region and is one of the most important cities in the Chilean Central Valley. One curious reference to Talca that is used in Chile is the phrase, “Talca, Paris, and London”. Some say that the phrase was originally attributed to an Englishman who said, “Talca feels like London” because of the abundant fog that frequently covers the city during winter, just like in the United Kingdom.

View original language description ↓
Historia del BC
Este Banco Comunal se llama “Nueva Oportunidad” está conformado por 15 emprendedores quienes se dedican a diferentes rubros, entre los cuales se encuentran; venta de ropa, barraca, venta de herramientas, amasandería, tejidos, servicios entre otros. Todos ellos pertenecientes a la ciudad de Talca.
Elsa, integrante del grupo del Banco Comunal, quien en la foto se encuentra de pie en primera fila, ocupando el tercer lugar de derecha a izquierda, viste una polera de color café, su cabello es de color castaño oscuro y lo usa tomado.
Ella se dedica al rubro de venta de ropa y amasandería, desde hace 5 años. Comenta que trabaja de lunes a sábado y su horario lo distribuye de acuerdo a su disponibilidad, ofrece sus productos en su casa, donde cuenta con mucha clientela.
La mercadería e insumos que va necesitando los compra en supermercados y locales donde encuentra la harina a bajo costo, por lo tanto conveniente económicamente.
Con el crédito comprará mantequilla, harina, huevos, aceite, ropa en general.
Una de las metas de Elsa es seguir en el rubro y poder comprar un horno eléctrico industrial, para generar mayores ingresos, así con esto optar a una mejor calidad de vida.
Elsa vive junto a sus dos hijos de 14 años de edad y 10 meses de vida. Sus sueños a nivel personal y familiar es tener su casa propia, para darles un buen bienestar a sus hijos.
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.
Talca pertenece a la región del Maule, ubicada en la zona centro del país. Constituye el centro administrativo, económico y cultural de la región, siendo la ciudad más importante del Valle Central chileno. Sobre Talca existe una curiosa referencia en Chile, la frase "Talca, París, y Londres". Entre los mitos al respecto, algunos dicen que es una derivación de la originalmente dicha por un inglés "Talca parece Londres", por la abundante neblina que cubre frecuentemente la ciudad en la temporada invernal, a semejanza de la capital del Reino Unido.



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
  • $2,637,700
    Funds lent in using Kiva
  • 480.8
    Chile Pesos (CLP) = $1 USD

Success!! The loan was 100% repaid

A portion of Nueva Oportunidad Group's $4,325 loan helped a member to buy butter, flour, eggs, and oil as well as clothing to sell.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Oct 29, 2012
Listed
Oct 30, 2012
Currency Exchange Loss:
Possible
Ended:
Mar 15, 2013