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El Esfuerzo De Santa Juana Group
In this Group: Nubia, Veronica, Ines, Anaisa, Maria, Marta, Javier, Irma, Dina, Juana, Carmen, Maria, Claudia, Beatriz, Camila, Sandra, Rosa
This communal bank is called “El Esfuerzo de Santa Juana” and it has 17 enterprising members who are in a variety of lines of work among which are fabric sales, barber shop, warehouse, candy sales, perfume sales, fast-food sales, cosmetics sales and services, among others. All of them are from the city of Concepción.

Nubia’s a member of the communal bank. In the photo she’s standing third from right to left, wearing blue jeans and a lilac shirt. She’s got a black purse and is carrying a piece of paper in her hand. Her hair is dark brown and she wears it long and loose.

Her line of work for the last year has been leasing out children’s pedal cars. She comments that she works in squares during the afternoon and sometimes her husband and her son help her. During the summer her clientele increases and she doesn’t have enough cars to rent so the children can have fun. She rents them for ten minutes at a time at prices that are adequate for her clientele.

Merchandise she needs she buys in the city of Santiago from suppliers and low-cost vendors which is advantageous economically. She will use the loan to buy a little pedal car for the children’s amusement. One of Nubia’s goals is to acquire more little cars to lease in order to have a better quality of life and provide wellbeing for her family.

Nubia lives with her husband and two children who are 15 and 7 years of age and are attending school. Her dream on a work level is to have a well-established business and to open a few branches to generate higher income. She’s very happy and grateful for the support provided by Fondo Esperanza because she’ll be able to invest in her business. She comments that the training has been fundamental for her business and also for her personal development since she’s learned how to organize and manager her income and investments better.

Concepción is located at the mouth of the Biobío River, one of the country’s largest, in southern Chile’s Biobío region. It’s played an important historical role as a site of important battles and a relevant settlement, especially during the Arauco War, because it borders Mapuche territory. The city currently has important economic and population development and is considered to be one of the most relevant Chilean urban, demographic, administrative, financial and commercial nucleuses after Santiago and Valparaíso.
View original language description ↓
Este Banco Comunal se llama “El esfuerzo de Santa Juana” está conformado por 17 emprendedores quienes se dedican a diferentes rubros entre los cuales se encuentran; venta de telas, peluquería, almacén, venta de dulces, venta de perfumes, venta de comida rápida, venta de cosméticos, servicios entre otros. Todos ellos pertenecientes a la ciudad de Concepción.
Nubia, integrante del grupo del Banco Comunal, quien en la foto se encuentra de pie, ocupando el tercer lugar de derecha a izquierda, viste blue jeans, polera de color lila, usa cartera de color negra y en sus manos sostiene un papel, su cabello es de color castaño oscuro, lo usa suelto y largo.
Ella se dedica al rubro de arriendo de autos a pedales para niños, desde hace 1 año. Comenta que trabaja en las plazas durante las tardes, algunas veces le ayuda su esposo e hijo, en temporadas de verano su clientela aumenta, haciendo que falten autos para arrendar y se diviertan los niños, los arrienda por 10 minutos a un valor adecuado.
La mercadería que va necesitando para su negocio la compra en la ciudad de Santiago, en distribuidoras y comercializadoras a bajo costo, por lo tanto conveniente económicamente.
Con el crédito comprará un auto a pedales.
Una de las metas de Nubia es adquirir más autos para arrendar, así con esto optar a una mejor calidad de vida y brindarle un buen pasar a su familia.
Nubia vive junto a su esposo, y sus dos hijos de 15 y 7 años de edad, quienes se encuentran estudiando. Sus sueños a nivel laboral es tener un negocio establecido, y colocar algunas sucursales para generar mayores ingresos.
Ella está muy contenta y agradecida por la ayuda brindada por Fondo Esperanza, ya que le permitirá invertir en su negocio. Comenta que las capacitaciones han sido fundamentales para su negocio y también para su desarrollo personal, ya que ha aprendido a organizar y distribuir de mejor manera sus ingresos e inversiones.
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. 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
  • $2,637,700
    Funds lent in using Kiva
  • 482.7
    Chile Pesos (CLP) = $1 USD

Success!! The loan was 100% repaid

A portion of El Esfuerzo De Santa Juana Group's $3,575 loan helped a member to purchase a pedal car.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Nov 19, 2012
Listed
Nov 21, 2012
Currency Exchange Loss:
Possible
Ended:
Apr 17, 2013