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Lo Mejor Esta Por Venir Group
In this Group: Gisela, Sonia, Alexis, Luis, Claudia, Maria, Gabriel, Maricel, Jessica, Edna, Marlon, Karen, Sandra, Claudia, Luz
This communal bank is called "Lo mejor está por venir" (The Best is Yet to Come) and is made up of 15 entrepreneurs who work in different business sectors. These include sale of beauty products by catalog, printing, sale of dairy products, seasonal items, sale of perfumes, fast food, sale of ice cream, and various services. They are all from the Renca commune, located in the city of Santiago.

Gisela is the chair of the communal bank group. In the photo she is seen standing, sixth from right to left, wearing a a black top and calypso blue pants. Her hair is dark brown and she wears it pulled back.

She has been selling food for five years. She says that she works from home, in street markets and also sells in the schoolyards to neighbors. She sells pastel de choclo (sweet corn casserole), humitas (steamed corn cakes), ice cream, natural juices, pizza, meals and fruit salads.

She buys the merchandise and ingredients she needs in the Vega Central produce market located in the city of Santiago, where she finds fresh, good-quality vegetables that are low cost and therefore affordable. With the loan she will buy two sunshades,a chocolate fountain, tables and chairs.

One of Gisela's goals is to grow day by day and to sell all of her food production to her clientele. She wants to continue working at the street markets, as there she has many more customers. This way she can aspire to a better quality of life.

Gisela lives with her husband and two children, ages 18 and 4. Her dream for her work and at a personal and family level is to look after her business and keep it going as it has up to now, so that she can give her family a prosperous future.

She is very happy and grateful for the support offered by Fondo Esperanza for investing in her business. With respect to the communal bank to which she belongs, she comments that there is good communication and respect. Moreover, the training has helped her learn new sales strategies, as well as accounting.

Renca is a commune located in the northwest sector of the Santiago metropolitan region (Santiago the capital of Chile). It is a commune with a strong emphasis on community action, in which the community television channel, "Renca TV," stands out. This was created with the aim of promoting the commune's cultural and artistic activities.
View original language description ↓
Este Banco Comunal se llama “Lo mejor está por venir” está conformado por 15 emprendedores quienes se dedican a diferentes rubros, entre los cuales se encuentran; venta de productos de belleza por catalogo, imprenta, venta de productos lácteos, articulos de temporada, venta de perfumes, comida rápida, venta de helados, servicios varios. Todos ellos pertenecientes a la comuna de Renca, ubicada en la ciudad de Santiago.
Gisela, presidenta del grupo del Banco Comunal, quien en la foto se encuentra de pie, ocupando el sexto lugar de derecha a izquierda, viste polera de color negro y pantalones color Calipso, su cabello es de color castaño oscuro y lo usa tomado.
Ella se dedica a la venta de comida, desde hace 5 años. Comenta que trabaja en su casa, en ferias libres, ofrece también en los jardines de colegios a vecinos, vendiendo pastel de choclo, humitas, helados, jugos naturales, pizza, completos, ensaladas de frutas.
La mercadería e insumos que va necesitando los compra en la vega central que se ubica en la ciudad de Santiago, donde encuentra la verdura fresca y de buena calidad a bajo costo, por lo tanto conveniente económicamente.
Con el crédito comprará dos toldos, fuente para el chocolate, mesas y sillas.
Una de las metas de Gisela es crecer dia a dia, y vender toda su producción de comida a su clientela, y continuar trabajando en las ferias libres ya que en ellas tiene mucha más clientela, así con esto optar por una mejor calidad de vida.
Gisela vive junto a su esposo y dos hijos de 18 y 4 años de edad. Sus sueños a nivel laboral, personal y familiar es cuidar y mantener su negocio como hasta el dia de hoy para darle un buen pasar económico a su familia.
Ella está muy contenta y agradecida por el apoyo brindado por Fondo Esperanza para invertir en su negocio. Respecto al grupo del Banco Comunal del cual forma parte, comenta que en éste existe una muy buena comunicación y respeto. Por otro lado las capacitaciones, le han servido para aprender nuevas estrategias de venta y contabilidad.
Renca es una comuna ubicada en el sector norponiente del Santiago (capital de Chile), región metropolitana. Es una comuna con un fuerte trabajo comunitario, entre lo que se destaca el canal de televisión comunitario “Renca TV”, creado con el fin de promover las actividades culturales y artísticas de la comuna.

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
  • 479.6
    Chile Pesos (CLP) = $1 USD

Success!! The loan was 100% repaid

A portion of Lo Mejor Esta Por Venir Group's $3,375 loan helped a member to buy two sunshades, a chocolate fountain, tables and chairs.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Dec 28, 2012
Dec 27, 2012
Currency Exchange Loss:
May 17, 2013