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Agua De Coihue Group
In this Group: Lidia, Ninoska, Katherine, Daisy, Ruth, Blanca, Rosa, Nilza, Monica, Jeannette, Magdalena, Maria, Bernardita, Jermman, Mireya, Dorca, Karina, Miriam, Maria, Graciela
The group called “Agua de Coihue” is made up of 20 entrepreneurers that are dedicated to different areas, among which are textiles, crafts, a bazaar, selling food, hairdressing, and others. All of them live in the city of Chillan.

Lidia, president of the group, is standing fourth from the left in the photo and is wearing a black t-shirt. Her hair is dark brown and she is wearing it loose. She has been dedicated to the sale of clothing, cosmetics and accessories for the past year. She says that she works at home and offers her merchandise to her neighbors. She offers a wide variety of products such as bracelets, rings, makeup, perfumes, sweaters, shirts, anything her clients request.

She needs to buy merchandise in the city of Concepción, as it is more economical because she will find a variety of clothing and accessories at a low cost. With this loan she will buy t-shirts, shorts, leggings, makeup, rings, belts, and bracelets.

One of Lidia's goals is to have a boutique to serve her clientele in an orderly fashion and be able to show all of her merchandise to her clients. This will generate more income. She wants to enlarge her house for her disabled mother.

Lidia lives with her parents. Her personal dream is to pay for her studies and to have a career. For her parents, she wants them to lack nothing. She is very grateful and glad for the help provided by Fondo Esperanza (Hope Fund) to invest in her business. She also feels very comfortable with the group since they have good communication.

Chillán is a commune in the south central zone of Chile. Its name means "chair of the sun" in mapudungun, the language of the Mapuche Indians. Chillán is known as “Cuna de la Patria” (Cradle of the Homeland) or “Tierra de Artistas” (Land of the Artists), since the city is the birthplace of prominent figures in Chilean history, for example the pianist Claudio Arrau.
View original language description ↓
Este Banco Comunal se llama “Agua de Coihue” está conformado por 20 emprendedores quienes se dedican a diferentes rubros, entre los cuales se encuentran; tejidos, artesanía, bazar, venta de comida, peluquería, servicios entre otros. Todos ellos pertenecientes a la ciudad de Chillan.
Lidia, presidenta del grupo del Banco Comunal, quien en la foto se encuentra de pie, ocupando el cuarto lugar de izquierda a derecha, viste polera de color negra, su cabello es de color castaño oscuro y lo usa suelto.
Ella se dedica al rubro de venta de ropa, cosméticos y accesorios, desde hace 1 año. Comenta que trabaja en su casa y ofrece su mercadería a sus vecinos a domicilio, ofrece gran variedad de productos como pulseras, aros, maquillaje, perfumes, poleras, lo que su clientela le solicita ella lo tiene.
La mercadería que va necesitando la compra en la ciudad de Concepción, encuentra variedad en ropa y accesorios a bajo costo, por lo tanto conveniente económicamente-
Con el crédito comprará poleras, short, calzas, perfumes, maquillaje, aros, cinturones, pulseras.
Una de las metas de Lidia es tener una boutique para atender a su clientela de manera ordenada y poder mostrar toda su mercadería para que su clientela encuentre lo que busca, así con esto generar mayores ingresos ya que desea agrandar la casa para su madre que es discapacitada.
Lidia vive junto a sus padres. Sus sueños a nivel personal es poder pagar sus estudios y tener una carrera, y a nivel familiar estar bien con sus padres y que no les falte nada.
Ella está muy agradecida y contenta de la ayuda brindada por Fondo Esperanza para invertir en su negocio. Además se siente muy cómoda con el grupo que participa, ya que tienen buena comunicación.
Chillán es una comuna de la zona centro sur de Chile. Su nombre significa “silla del sol” en mapudungun, idioma de nuestros indígenas mapuches. Chillán es conocida como “Cuna de la Patria” o “Tierra de Artistas”, debido a que en la ciudad han nacido destacados personajes de la historia de Chile, como por ejemplo el conocido pianista Claudio Arrau.

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 Agua De Coihue Group's $5,450 loan helped a member to buy t-shirts, shorts, leggings, perfumes, makeup, rings, belts, and bracelets.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Dec 7, 2012
Dec 21, 2012
Currency Exchange Loss:
May 17, 2013