Funded

Total loan: $3,400
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Aires Cordilleranos Group

Chile
Temuco, Chile / Services

A loan of $3,400 helped a member to buy galvanizing materials.


Aires Cordilleranos Group's story

This communal bank is called "Aires Cordilleranos" and comprised of 19 entrepreneurs who are active in different businesses, including furniture making, tinsmith, jewelry, chicken farming and marmalade production. They all live in the city of Temuco.

Rigoberto is a member of the communal bank and he is pictured standing, fourth from the left. He has grey hair and wears glasses. He is a tinsmith, welder and plumber who offers his services every day of the week and has 30 years' experience. He owns manufactured as well as artisan tools which he has made. Rigoberto is involved mainly in installing and repairing cooking stoves.

He buys his materials and/or tools at construction materials dealers. He plans to use the loan to buy galvanizing materials.

His goal for the business is to set up a workshop where he would not only provide services but also sell material and tools. He also must obtain a permit to work without restrictions.

Rigoberto lives with his wife and a two-year-old granddaugther. His goal on a family level is to realize his work goals so he can provide a better quality of life to his family.

He is very grateful for the loan and services received from Fondo Esperanza. He enjoys the communal bank's group meetings because of the cooperation and sociability. Regarding training, he is excited about learning new strategies to put into practice at his businesss.

Temuco is the capital of the Araucaní region. The city is about 670 kilometers south of Santiago (capital of Chile). In the area there are several lake resorts (Pucón, Villarrica) and bright flora and fauna, concentrated in nearby natural parks. It is worth pointing out that in this region around 50% of the country's Mapuche indians live.

In this group: Rigoberto, Marianela, María Teresa, Artemia, Jaqueline, Catherine, Gloria, Margarita, Sara, Blanca, Enedina, Mario, Elvidia, Daniel , Saul, Verónica, Rubén , Ramón , María
*not pictured

Translator profile picture

Translated from Spanish by Kiva volunteer Sherry Bess



Loan details

Loan length:

5 months
Disbursed date: October 20, 2011
Facilitated by Field Partner: Fondo Esperanza

Lenders and lending teams



Loan details

Loan length:

5 months
Disbursed date: October 20, 2011
Facilitated by Field Partner: Fondo Esperanza