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Esperanza Y Fe De Lampa Group
In this Group: Clara, David, Lucia, Patricia, Carolina, Isabel, Zoila, Luis, Damaris, Patricia, Maria, Erica, Cesar, Olivia, Veronica, Jose
This communal bank is called “Esperanza y Fe de Lampa” (Lampa Hope and Faith) and it has 16 members in a variety of lines of work like fast-food sales, donut sales, cake sales, bicycle repair shop, mechanic, cushion sales, knitting and services, among others. All are from Colina commune in the city of Santiago.

Clara is a communal bank member and in the photo is standing in the second row, second from right to left, wearing a green jacket, gray earrings and her hair is dark brown and gathered up.

She’s been in the fast-food business for six years. She comments that she works every day in the evening outside her house selling sopaipillas, hot-dogs, and fried potatoes. She also comments that she has two carts she uses to offer her food to her clientele. She buys supplies and merchandise as needed from various suppliers where she finds quality products at low prices which is economically advantageous. She will use the loan to buy an electric scale, ingredients like oil, napkins, potatoes and cement to finish her locale.

One of Clara’s goals is to finish building her locale, install her equipment and tend to customers and also to work alongside her husband and her son in order to earn higher income to provide better well-being for the family.

Clara lives with her husband and 24-year-old son. Her dream on a work level is to have her locale ready as soon as possible and to work together with her family. She’s very happy with and grateful for the opportunity provided by Fondo Esperanza to invest in her business and she also feels very comfortable in her group.

Colina is a commune in the metropolitan region of Santiago (Capital of Chile) located in the northern sector. It’s currently seat of important investments, especially in the industrial sector because large, important firms have settled here which provide a large number of employment opportunities for the community. It’s also an area that’s been subdivided for housing which has contributed significantly to the increase in the number of residents. It also has places that are attractive to tourism like thermal spas, sports in Piedra Roja Lagoon and mountaineering.
View original language description ↓
Este Banco Comunal se llama “Esperanza y Fe de Lampa” está conformado por 16 emprendedores quienes se dedican a diferentes rubros entre los cuales se encuentran; venta de comida rápida, venta de berlines, venta a pan, venta de pasteles, taller de bicicletas, mecánico, venta de cojines, tejidos, servicios entre otros. Todos ellos pertenecientes a la comuna de Colina, ubicada en la ciudad de Santiago.
Clara, integrante del grupo del Banco Comunal, quien en la foto se encuentra de pie en segunda fila, ocupando el segundo lugar de derecha a izquierda, viste chaqueta de color verde, usa aros de color gris, su cabello es de color castaño oscuro y lo usa tomado.
Ella se dedica al rubro de comida rápida, desde hace 6 años. Comenta que trabaja todos los días en las tardes, en la salida de su casa, ofreciendo sopaipillas, completos, papas fritas, además comenta que tiene 2 carritos para ofrecer su comida a su clientela.
La mercadería e insumos que va necesitando la compra en diferentes distribuidoras donde encuentra los productos de buena calidad a bajo costo por lo tanto conveniente económicamente.
Con el crédito comprará una pesa eléctrica, insumos como aceites, servilletas, papas, y cemento para terminar su local.
Una de las metas de Clara es terminar su local y poner sus maquinas y atender a su clientela, y además trabajar junto con su esposo e hijo, asi con esto generar mayores ingresos y darle un buen pasar a su familia.
Clara vive junto a su esposo y su hijo de 24 años de edad. Sus sueños a nivel laboral son tener su local lo más pronto posible y trabajar junto son su familia.
Ella está muy contenta y agradecida de la oportunidad brindada por Fondo Esperanza para invertir en su negocio. Además se siente muy cómoda con el grupo que participa.
Colina es una comuna de la región metropolitana (donde está Santiago, capital de Chile) ubicada al norte de la misma. Actualmente es centro de importantes inversiones, principalmente en el área agro industrial, debido a la instalación de grandes e importantes empresas, que de paso entregan un gran número de empleos a la comunidad. Es también un área de parcelaciones de agrado, lo que ha contribuido a aumentar considerablemente el número de habitantes. También cuenta con espacios adecuados al turismo, tales como termas, deporte en la Laguna Piedra Roja y montañismo.

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
  • 475.1
    Chile Pesos (CLP) = $1 USD

Success!! The loan was 100% repaid

A portion of Esperanza Y Fe De Lampa Group's $7,475 loan helped a member to buy an electric scale, ingredients, napkins, potatoes and cement.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Dec 20, 2012
Listed
Dec 20, 2012
Currency Exchange Loss:
Possible
Ended:
May 17, 2013