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Pemuco Crece Contigo Group
In this Group: Maria, Irma, Ismenia, Ximena, Doris, Johanna, Carolina, Nolia, Julisa, Susana, Rossana, Maria, Myriam, Rebeca, Rosa, Orfelina, Rosa, Marisol, Violeta
This communal bank is called “Pemuco Crece Contigo” (Pemuco Grows with You) and it has 19 members who carry out various lines of work. Among them are: fruit and vegetable sales, assorted salad sales, clothing sales, pastry sales, weaving, barber shop and services, among others. All of them are from the city of Chillán.

María is a communal bank member and in the photo appears standing in the front row, fourth from right to left, wearing a green jacket; her hair is dark brown and she wears it loose.

She has been selling lingerie for the last three years. She comments that she works at home three or four times per week and sets her schedule according to her availability. She buys merchandise as needed in Santiago because of the wider variety available and the low prices which is economically advantageous for her. She will use the loan to buy various styles and sizes of women’s lingerie.

One of María’s goals is to surge forward and to grow with her business and perhaps be able to add a locale at home to set up her store so that she can tend to customers more comfortably. María lives alone at present. Her dream for work is to grow and to sell much more and capture a larger clientele; on the personal level she hopes to complete a weight reduction program and to be able to have a child.

She is very happy and grateful for the opportunity Fondo Esperanza has given her because it’s made it possible for her to invest in her business. She also feels very comfortable in company of the other entrepreneurs in the communal bank because they share different activities and interests which has served as a moment of enjoyment for her. With respect to the training provided, she’s learned how to manage her business better.

Chillán is a commune in south Chile. Its name means “Chair of the Sun” in Mapudungun, the language of the indigenous Mapuche people. Chillán is known as the “Cradle of the Fatherland” or “Land of Artists” because distinguished personages in Chilean history, like the famous pianist Claudio Arrau, were born here.
View original language description ↓
Este Banco Comunal se llama “Pemuco crece contigo” está conformado por 19 emprendedores quienes se dedican a diferentes rubros, entre los cuales se encuentran; venta de frutas y verduras, venta de ensaladas surtidas, venta de ropa, pastelería, tejido, peluquería, servicios entre otros. Todos ellos pertenecientes a la ciudad de Chillan.
Maria integrante del grupo del Banco Comunal, quien en la foto se encuentra de pie en primera fila, ocupando el cuarto lugar de derecha a izquierda, viste una chaqueta de color verde, su cabello es de color castaño oscuro y lo usa suelto.
Ella se dedica al rubro de venta de ropa en lencería, desde hace 3 años. Comenta que trabaja en su casa 3 a 4 veces a la semana, su horario lo distribuye de acuerdo a su disponibilidad.
La mercadería que va necesitando la compra en la ciudad de Santiago por la gran variedad y a bajo costo, por lo tanto conveniente económicamente.
Con el crédito comprará lencería para damas, diferentes tallas y modelos.
Una de las metas de Maria es surgir y crecer con su negocio y tener la posibilidad de agregar un espacio en su casa para colocar su negocio para poder atender a su clientela de manera cómoda.
Maria vive sola por el momento. Sus sueños a nivel laboral son crecer y vender mucho mas y captar más clientela, a nivel personal terminar un tratamiento para adelgazar y poder tener un hijo.
Ella está muy contenta y agradecida de la oportunidad que le ha brindado Fondo Esperanza, ya que le ha permitido invertir en su negocio. Además se siente muy cómoda con la compañía de las demás emprendedoras del grupo del Banco Comunal, ya que comparten diferentes actividades, intereses, lo cual también le ha servido como un momento de distracción. Respecto a las capacitaciones impartidas en las reuniones, ha aprendido administrar su negocio de mejor manera.
Chillán es una comuna de la zona centro sur de Chile. Su nombre significa “silla del sol” en mapudungun, idioma de nuestros indígenas mapuches. Chillán es conocida como “Cuna de la Patria” o “Tierra de Artistas”, debido a que en la ciudad han nacido destacados personajes de la historia de Chile, como por ejemplo el conocido pianista Claudio Arrau.

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
  • 479.7
    Chile Pesos (CLP) = $1 USD

Success!! The loan was 100% repaid

A portion of Pemuco Crece Contigo Group's $7,050 loan helped a member to buy women's lingerie.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Aug 23, 2012
Sep 12, 2012
Currency Exchange Loss:
Jan 15, 2013