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Querer Es Poder Group
In this Group: Ruth , Magnolia, Jeannett, Erika, Magdalena, Alicia, José, Carmen, Ana, Juana, Ana, Ana, Patricia , María Regina, Claudia
This communal bank is called “Querer es Poder” (To Care is To Be Able) and is made up of 16 members, all belonging to the Lautaro community, 30km north of the city of Temuco.

The members have a variety of occupations such as hairdressing, working in a telephone call center, selling used clothing and plastic items and the production and sales of jams and desserts.

The member that was interviewed was Erika, the treasurer of the group. In the photo, she is in the back row, in the center and she has her arm raised. She sells used clothing in the market and out of her home.

Her dream is to own an established business in her own home. She has two small children, ages 11 and 7, and by working from home she would have more time to raise them. Erika will use this loan to buy more used clothing in order to continue her business.

Erika really enjoys the selling strategies workshops put on by Fondo Esperanza.

Temuco is the capital of the Araucanía region and is located 670 kilometers south of Santiago (the capital of Chile). The area has several lake-side spa resorts and striking native flora and fauna. The region is also noteworthy for being home to 50% of the existing indigenous Mapuche community.
View original language description ↓
Este banco comunal es llamado “Querer es Poder” y está conformado por 16 socias, pertenecientes a la comuna de Lautaro, a 30 km al norte de la ciudad de Temuco.
Ellos se dedican principalmente a peluquería, centro de llamados, venta de ropa usada, plásticos y a la producción y venta de mermeladas y postres.
La socia entrevistada fue Erika, quien es la tesorera de este grupo. En la foto se encuentra en la última fila, al centro y tiene su brazo levantado. Ella se dedica a la venta de ropa usada en la feria y en su casa.
Su sueño es tener un negocio establecido en su propia casa, ya que ella es quien mantiene su hogar y a sus dos pequeños hijos de 11 y 7 años, de esta manera tendría más tiempo para cuidar de ellos. Erika invertirá este préstamo en ropa usada para continuar con su negocio.
A Erika le gustan mucho los talleres de estrategias de venta que le proporciona Fondo Esperanza.
Temuco es la capital de la región de la Araucanía. La ciudad se ubica a 670 kilómetros al sur de Santiago (capital de Chile) y posee una serie de balnearios lacustres y una flora y fauna nativa muy llamativas. Cabe destacar que en esta región habita el 50% de los mapuches, pueblo indígena, existente en nuestro país.

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
  • 530.3
    Chile Pesos (CLP) = $1 USD

Success!! The loan was 100% repaid

A portion of Querer Es Poder Group's $3,950 loan helped a member to buy used clothing.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Apr 21, 2010
Apr 25, 2010
Currency Exchange Loss:
Sep 15, 2010