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Forjando Futuro Group
In this Group: Carolina , Bernardita, Jacqueline, Claudina, Margarita, Jenny, Valeria, Estanislao, Walter, Rene, Carlos, Raul, Carolina, Madeleine, Mirella, Carolina, Yessenia, Fabiola
This Communal Bank is called "Forjando Futuro" ("Shaping the Future"). It is maD. up of 18 entrepreneurs who work in different fields. Among them are handicrafts, clothing sales, jewelry sales, and grocery sales in a store. All the entrepreneurs live in the city of Temuco.

Carolina is a member of the Communal Bank, who is seated in the front row of the photo, first person to the right. She is wearing dark clothes, and her dark brown hair is down.

She has been working selling new clothes for the last year. She makes her sales by going door to door, and also out of her home. Generally, her schedule is to work Mondays to Fridays in the afternoons. Carolina offers payment facilities to her customers, which has maD. her sales easier and gained her a number of customers. She usually buys her merchandise in the city of Santiago.

Her goals for her business are to have established premises selling clothing, where she can also incluD. toys for sale. With the loan she will buy vests, sweatshirts, and shirts, according to the season.

Carolina lives with her husband and her two-year-old daughter. Her dreams are to continue working to be able to proviD. her family with a better quality of live and improved well-being.

She is very happy and grateful for the loans and for the services offered by Fondo Esperanza. She also feels very comfortable participating in the Communal Bank group, as they are very committed, responsible and nice people. In regard to the trainings, these have helped her to manager her business in a better way.

Temuco is the capital of the Araucanía region. The city is located 670 km south of Santiago (the capital of Chile). There is a string of lake resorts (Pucón, Villarrica) in the surrounding area, and striking native flora and fauna are concentrated in the national parks nearby. It is worth nothing that 50% of the Mapuches, the indigenous people from our country, live in this region.
View original language description ↓
Este Banco comunal se llama “Forjando Futuro” está conformado por 18 emprendedores que se dedican a diferentes rubros, entre los cuales se encuentran L. artesanía, L. venta D. ropa, venta D. joyas y venta D. abarrotes en un alM.én. Todos ellos pertenecientes a L. ciudad D. Temuco.
Carolina integrante del Banco comunal quien en L. foto se encuentra sentada en primera fiL., ocupando el primer puesto D. derecha a izquierda, viste con ropa oscura y su cabello está suelto y es D. color castaño oscuro.
ElL. se dedica a L. venta D. ropa nueva desD. hace un año, sus ventas las realiza puerta a puerta y también desD. su casa. Generalmente su horario es D. lunes a viernes durante las tardes. Carolina brinda facilidades D. pago a sus clientes, lo que ha facilitado sus ventas y acrecentar el número D. clienteL.. Su mercadería L. compra usualmente en L. ciudad D. Santiago.
Sus metas en su negocio son tener un local establecido D. venta D. ropa, en el cual también pueda incorporar L. venta D. juguetes.
Con el crédito comprará chalecos, polerones, poleras, todo D. acuerdo a L. temporada.
Carolina vive junto a su marido y su hija D. dos años D. edad. Sus sueños son seguir trabajando para brindarle a su familia una mejor calidad D. vida y un mejor bienestar.
ElL. está muy contenta y agradecida D. los créditos y servicios otorgados por Fondo Esperanza, además se siente muy cómoda compartiendo con el grupo del Banco comunal, ya que son muy comprometidos, responsables y agradables. Respecto a las capacitaciones, estas L. han ayudado a administrar D. mejor manera su negocio.
Temuco es L. capital D. L. región D. L. Araucanía. L. ciudad se ubica a 670 kilómetros al sur D. Santiago (capital D. Chile). En sus alrededores se ubican una serie D. balnearios lacustres (Pucón, Villarrica) y una flora y fauna nativa muy llamativas, concentrada en parques naturales cercanos. Cabe destacar que en esta región habita el 50% D. 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
  • 467.0
    Chile Pesos (CLP) = $1 USD

Success!! The loan was 100% repaid

A portion of Forjando Futuro Group's $3,500 loan helped a member to buy vests, sweatshirts, and shirts, according to the season.
100% repaid
Repayment Term
5 months (Additional Information)
Repayment Schedule
Aug 18, 2011
Aug 30, 2011
Currency Exchange Loss:
Dec 15, 2011