The members of San Jose Obrero live in the community of Castro and sell new clothing for men, women, and children. Glady is 50 years old and runs a dressmaking business from her home. The business is called ’Sewing by Gladys'. She started it twelve years ago having learned how to sew through magazines and workshops. Before that she used to be a teacher, but in addition to her work in school, she always gave sewing lessons to her friends and neighbours.
This became a lot of work, so when she retired as a teacher, Glady decided to concentrate on sewing. Nowadays she teaches sewing and knitting in her home to the women of her community. With this loan she will buy fabric, thread, and llama wool.
In the photo Glady is in the front with a yellow balloon and wearing a purple and black blouse.
Los socios de San Jose Obrero vivan en le comuna Castro y venden ropa nueva para ambos sexos y para todos los edades. Glady tiene 50 años y tiene un negocio de taller de confección en su casa, que se llama confección Gladys. Glady empezó su negocio hace 12 años. Ella aprendió como hacer la confección a través de las revistas y los talleres. Antes trabajaba como profesora de la educación básica, pero a partir de su trabajo en la escuela siempre daba talleres de confección a sus amigas y vecinas. Así le llegó mucho trabajo y cuando se jubilo de ser profesora, decidió dedicarse a su negocio. Ahora ella ensaña clases de confección y el tejido en su casa para las mujeres de su comunidad. Con su préstamo ella va a comprar telas, hilos e hilos de llama. Glady está parada en frente con un globo amarrillo y una blusa morada y negra
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.