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Willi Mapu Runca Group
In this Group: Margarita Eugenia, Ana Maria, Marisel Beatriz, Pablo Andres, Andrea Daniela, Marianella Nicol, Irene Nancy, Mirta Nolvia, Tamara Lorena, Diana Yocelin, Elsa Miriam, Flor Del Pilar, Margarita Aurora, Monica Cecilia, Marcia Elena
Ana Maria, who is seated in the center of the above photograph and wearing a black hat and orange scarf, belongs to the communal bank "Willi Mapu Ruca" in Valdivia. The members of this communal bank have a variety of businesses, such as buying, selling and repairing vehicles, selling clothing, running a small grocery and selling "empanadas" (a stuffed bread or pastry that is baked or fried). Ana Maria has a business selling "empanadas." Right now she sells baked "empanadas," but she started out approximately five years ago selling fried "empanadas." She sold them from house to house until one day some people asked her for baked "empanadas." Since the dough is different, she asked a friend, who has a bakery, to teach her to make the dough for baked "empanadas." A year ago, Ana Maria changed direction, and now she only makes baked "empanadas" for sale. She has had a lot of ups and downs, and one of her gravest problems is not having enough money to work. With the money she is requesting, Ana Maria needs to buy flour, meat and onions, which are the basics for her " empanadas." She is very happy and hopeful that all will go well with her sales. What Ana Maria likes most about working with Fondo Esperanza is the fact that they don't ask her for so many documents to get a loan; they just believe in her business.
View original language description ↓
Ana Maria, quien en la fotografía aparece en medio de la fotografía sentada, lleva puesto un gorro negro y una bufanda naranja, pertenece al Banco Comunal Willi Mapu Ruca, de Valdivia, En este Banco Comunal los socios tiene diversos negocios tales como compra y venta y arreglo de vehículos. Venta de ropa, negocio de abarrotes, y venta de empanadas. Ana Maria tiene un negocio de venta de empanadas, ahora vende empanadas de horno pero comenzó hace aproximadamente unos 5 años vendiendo empanadas fritas. Ella vendió casa por casa sus productos hasta que un día algunas personas le solicitaron empanadas de horno y como la masa es distinta le pidió a un amigo que tiene una panadería que le enseñara a hacer la masa de las empanadas de horno. Hace ya un año que cambio su rubro y solo prepara para la venta empanadas de horno. Ha tenido muchos altos y bajos y uno de sus problemas más graves ha sido la falta de dinero para poder trabajar. Con el dinero que está solicitando necesita comprar harina, carne y cebollas que es lo básico que necesita para sus empandas. Ella está muy contenta y esperanzada en que le irá muy bien con la venta. Lo que más e ha gustado de poder trabajar junto a Fondo Esperanza es el hecho de que no le solicitan tantos documentos para poder solicitar un préstamo, que solo creen en su negocio.

Additional Information

More information about this loan

This loan targets populations in financially underserved regions of Chile. Thanks to its numerous branches, Fondo Esperanza is present nationwide and offers loans to micro-entrepreneurs in a country known for its limited microfinance industry. This Kiva loan enables entrepreneurs to maintain their current businesses in areas where Fondo Esperanza is the only available and accessible financial institution.

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
  • 498.8
    Chile Pesos (CLP) = $1 USD

Success!! The loan was 100% repaid

A portion of Willi Mapu Runca Group's $2,700 loan helped a member to purchase flour, meat and onions.
100% repaid
Repayment Term
5 months (Additional Information)
Repayment Schedule
Sep 11, 2013
Sep 25, 2013
Currency Exchange Loss:
Jan 17, 2014