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Navegantes De Dalcas Group
In this Group: Elisabeth De Lourdes, Carlos Rene, Orfelina Andrea, Betty Del Carmen, Marlene Del Carmen, Maryorie Nazaret, Ekaterina Anais, Angelica Audolina, Liliana Paulina, Eudalia Marina, Lidia Lucy, Saira Eufemia, Maria Rebeca, Doris Pamela, Eralia Patricia, Carla Johana, Margarita Alejandra, Yudyt Mariana, Gladys Del Carmen, Rosanna Del Carmen, Mirella De Lourdes
Marlene, who in the picture appears in the front, in green pants, animal print shirt and a green dress with pink top, belongs to the communal bank Navegantes de Dalcas [Navigators of Dalcas], located in Dalcahue, Castro. In this communal bank, the partners are mostly craftsmen; there are some that sell jewelry, some are electricians and some sell clothing catalogs.

Marlene is an artisan of chilota wool, and also teaches loom classes. She began working in this business three years ago. Before that, she was employed at a supermarket and worked Monday through Sunday, which was very distressing because she could not share time with her family. That is why she decided to leave her job and enter in the business of woolen crafts, which she learned to make when she was very young. This way she is able to be closer to her family. One of her biggest goals is to bring loom classes to all of Chile.

The loan that she requests will help her to buy a more modern loom than the one she has, and also to buy more wool since she has many orders for wool garments. She is very happy and excited because she knows that she will do very well.

She enjoys working together with Fondo Esperanza [Hope Fund], because it gives the opportunity to receive money and to be able to share with different people. One of the things that she likes the most is that they always make time to share with the other partners of the bank.
View original language description ↓
Marlene, quien en la fotografía aparece delante de pantalones verdes, camiseta animal print y un vestido verde con rosado encima, pertenece al Banco Comunal Navegantes de Dalcas ubicado en Dalcahue, Castro. En este Banco Comunal los socios son en su mayoría artesanos, hay algunos que venden joyas, son electricistas y venden ropa por catálogos. Marlene es artesana en lana chilota, además de impartir clases de telar, comenzó hace tres años en este negocio ya que antes trabajaba en un supermercado y estaba de lunes de domingo, lo cual la tenía muy angustiada ya que no podía compartir con su familia. Es por eso que decidió dejar su trabajo y emprender en el negocio de la artesanía de lana, que lo aprendió muy pequeña y así poder estar más cerca de su familia. Uno de sus desafíos más grandes es el poder impartir clases de telar en todo Chile. El préstamo que solicita lo ocupara para comprarse un telar más moderno que el que tiene y además comprar más lana ya que tiene muchos pedidos de vestidos en lana, y está muy contenta y entusiasmada porque sabe que le irá muy bien. Le gusta trabajar junto a Fondo Esperanza, ya que se da la oportunidad de recibir dinero y poder compartir con distintas personas es una de las cosas que más le agradan siempre se hace el tiempo para poder compartir con los demás socios del Banco al que pertenece.

Additional Information

More information about this loan

This loan targets populations in financially underserved regions of Chile. Thanks to its numerous branches, Fondo Esperanza is present nationwide and offers loans to micro-entrepreneurs in a country known for its limited microfinance industry. This Kiva loan enables entrepreneurs to maintain their current businesses in areas where Fondo Esperanza is the only available and accessible financial institution.

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
  • 521.5
    Chile Pesos (CLP) = $1 USD

Success!! The loan was 100% repaid

A portion of Navegantes De Dalcas Group's $8,000 loan helped a member to buy wool and a loom.
100% repaid
Repayment Term
5 months (Additional Information)
Repayment Schedule
Nov 15, 2013
Nov 25, 2013
Currency Exchange Loss:
Mar 18, 2014