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Jireh Group
In this Group: Domenica*, David*, Lorena, Karla, Miguel, Gabriel, Natali, Marisol, Maribel, Valeska, Angelica, Gabriel, Johanna, William, Aldo, Luz, Claudina, Gladys, Victoria, Nadia
* not pictured
This communal bank is called "Jireh", and is made up of 20 entrepreneurs, who work in different trades, among which are found: clothing sales, lease of inflatable toys for children, construction teachers, center of depilation, artesans, lease of banquet articles, and service of floral arrangements, among others. All of them belong to the city of Talca.

Domenica is the member of the communal Bank who in the photo is found in the first row, occupying the fourth place from right to left, shown in a purple sweater, gray pants and glasses. She works in commerce, specifically selling used children's clothing. Her sales are made from home during the week at any time of day, and on the weekends, she sets up a stall in an open market with her wares. She purchases her merchandise from distributors located in the city of Santiago. She purchases the clothes by the bale which contain around 250 articles of clothing. With the loan, she will buy bales of clothes and bags of used toys, since the Christmas season is approaching and it is a good season to sell these types of products. Her goals are to expand her business and to include a greater variety of products. Moreover, she would like to have a place established in some open market, that would offer her flexibility with her schedule and a certain amount of independence.

Domenica lives with her husband and their two children, ages 6 and 4. She receives the support of her husband when he works, since he is primarily responsible for caring for the children. Her husband is also a merchant and one of their dreams as a family is to become independent, to obtain better profits with their respective business. Domenica is very happy for the loan and the services offered by Fondo Esperanza (Hope Fund), since the loan has allowed her to invest in her business and the trainings have served to help her learn about accounting, administration and strategies for how to manage her business.

With respect to the group of the communal bank, she comments that they have had some differences to face; nevertheless, they have solved all without any problem, and that is what has brought the group together.

Talca belongs to the region of Maule, located in the central part of the country. It constitutes the cultural, economic, and administrative center of the region, being the most important city of the Chilean Central Valley. In Chile, a curious reference about Talca exists; the phrase "Talca, Paris, and London". Among the myths on the matter, some they say that this is a derivation of the originally saying by an Englishman "Talca seems like London", due to the abundant fog that covers often the city in the winter season, resembling the capital of the United Kingdom.
View original language description ↓
Éste banco comunal se llama “Jireh”, lo conforman 20 emprendedores, quienes se dedican a diferentes rubros entre los cuales se encuentran venta de ropa, arriendo de juegos inflables para niños, maestros de construcción, centro de depilación, artesanía, arriendo de artículos de banquetería, y servicio de arreglos florales, entre otros. Todos ellos pertenecientes a la ciudad de Talca.
Domenica integrante del Banco comunal quien en la foto se encuentra en primera fila, ocupando el cuarto lugar de derecha a izquierda, viste un sweater color morado, pantalón de buzo y usa anteojos. Ella se dedica al rubro del comercio, específicamente a vender ropa usada para niños.
Sus ventas las realiza desde su casa los días de semana en cualquier horario y los fines de semana se instala en una feria libre con sus prendas.
Su mercadería la compra en distribuidoras ubicadas en la ciudad de Santiago. La ropa la compra por fardo y ahí contiene alrededor de 250 prendas.
Con el crédito comprará fardos de ropa y sacos de juguetes usados, ya que se acerca la temporada de navidad y es una buena temporada para vender este tipo de productos.
Sus metas son expandir su negocio y contar con una mayor variedad de productos, además le gustaría tener un local establecido en alguna feria libre, que le brinde flexibilidad con sus horarios y cierta independencia.
Domenica vive junto a su esposo y sus dos hijos de 6 y 4 años de edad. Ella recibe el apoyo de su marido cuando trabaja, ya que él se encarga del cuidado de sus hijos. Su marido también es comerciante y uno de sus sueños a nivel familiar son independizarse, para obtener mejores ganancias con sus respectivos negocios.
Domenica está muy contenta del crédito y los servicios brindados por Fondo esperanza, ya que el préstamo le ha permitido invertir en su negocio y las capacitaciones le han servido para aprender sobre contabilidad, administración y estrategias de cómo manejar su negocio. Respecto al grupo del Banco comunal comenta que han tenido algunas diferencias que enfrentar, sin embargo han solucionado todo sin ningún problema, lo que ha afiatado el grupo.
Talca pertenece a la región del Maule, ubicada en la zona centro del país. Constituye el centro administrativo, económico y cultural de la región, siendo la ciudad más importante del Valle Central chileno. Sobre Talca existe una curiosa referencia en Chile, la frase "Talca, París, y Londres". Entre los mitos al respecto, algunos dicen que es una derivación de la originalmente dicha por un inglés "Talca parece Londres", por la abundante neblina que cubre frecuentemente la ciudad en la temporada invernal, a semejanza de la capital del Reino Unido.

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
  • 509.9
    Chile Pesos (CLP) = $1 USD

Success!! The loan was 100% repaid

A portion of Jireh Group's $4,125 loan helped a member to purchase bales of clothes and sacks of used toys, since the Christmas season is approaching and it is a good time of year to sell these types of products.
100% repaid
Repayment Term
5 months (Additional Information)
Repayment Schedule
Oct 19, 2011
Oct 19, 2011
Currency Exchange Loss:
Feb 15, 2012