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Macroferia Group
In this Group: Maria Isabel, Margarita De Las Mercedes, Eliacer Antonio, Juan Agustin, Viviana Andrea, Luis Alejandro, Rosalba Del Carmen, Rodrigo Andres, Luis Alberto, Gilberto Antonio, Jose Segundo, Isabel Maria, Victor Manuel, Patricia De Jesus, Johanna Elizabeth, Laura Del Carmen, Juan Claudio, Carlos Alberto
Patricia is 39 years old and sells packed fruit in the park. She has been in this business for 10 years, but before she worked with someone else and now she works alone. She wants to use this loan to buy goods and merchandize. In the future, she wants to continue working in her business so that she can have a store in her home.

She is a single mother, has three children, two elder ones aged 20 and 22, and a younger one aged 4. The eldest works, and her 20-year-old daughter works with her. Patricia has cancer, but she still works to support her family.

She likes working with Fondo Esperanza because she explains that she has met other people, and she enjoys the meetings because the members provide company and it is possible to make connections with peoples from other places. Patricia is the one crouching down at the front with a blue top and long hair with a fringe.
View original language description ↓
Patricia tiene 39 años y maneja una venta de fruta embalada que se vende en el parque. Hace 10 años que trabaja en su negocio, pero antes dependía de otra persona y ahora trabaja sola. Quiere usar su préstamo para comprar bienes y mercadería. En el futuro Patricia quiere seguir trabajando en su negocio pero poner la en su casa. Es mama soltera, tiene tres hijos mayores de 20, 22 y un chiquito de 4 años. El mayor trabaja y la niña de 20 trabaja con ella. Patricia está enferma tiene cáncer, pero sigue trabajando para apoyar a su familia. Le gusta trabajar con Fondo Esperanza porque dice que ha conocido más gente, se lo pasa bien en las reuniones porque los miembros se acompañan y se crean lazos con la gente de otros lugares. Patricia es la que esta agachada adelante, con polera azul y tiene el pelo largo con chasquilla.

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
  • $2,552,775
    Funds lent in using Kiva
  • 472.2
    Chile Pesos (CLP) = $1 USD

Success!! The loan was 100% repaid

A portion of Macroferia Group's $5,825 loan helped a member to buy goods and merchandize.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jan 21, 2013
Listed
Feb 14, 2013
Currency Exchange Loss:
Possible
Ended:
Jun 17, 2013