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Judith
Judith is part of the “Prieto Cruz” communal bank, in the city of Concepción. She sells flowers and fast food such as sopaipillas (deepfried pumpkin pastries), hot dogs, sandwiches and empanadas, from a stall in front of the cemetery. She has developed these activities over 23 years, although she has been in this location for 10 years.

Her family - which is to say her three daughters and their children, also sell products in the same sector. Her daughters also work with [the field partner] Fondo Esperanza, and their businesses consist of selling sweets, icecreams, and mote con huesillo (a sweet drink / dessert made with peaches). With this loan, Judith wants to buy a freezer, to store her perishable foods. Her goal is to support and motivate her daughters in their businesses, so that they can grow and improve their quality of life.

In the terrible earthquake that happened on 27th February, Judith lost all her stock, though fortunately her house was not damaged. She is very grateful for the support Fondo Esperanza has given them, being there with communal cooking pots (sharing food among businesspeople affected), and putting in place emergency measures in respect of loan repayments. Judith has also had great support from Fondo Esperanza in relation to her business and those of her daughters, as it is thanks to their loans and training that their businesses have been able to grow.

Concepción sits at the mouth of the Río Biobío, one of the largest rivers in the country, in the south of Chile. It has played an important part in our history, being the site of important battles and settlements, especially duiring the Arauco War, thanks to its location on the edge of mapuche territory. Today the city is economically and demographically important. It is starting to be considered as one of the most important urban centres in Chile - in administrative, financial, and comercial terms - after Santiago and Valparaíso.
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Judith forma parte del banco comunal “Prieto Cruz” perteneciente a la ciudad de Concepción. Ella vende flores y comida rápida, como sopaipillas, hot dogs, sándwiches y empanadas, en un carrito frente al cementerio. Estas actividades las desarrolla hace 23 años, pero en esa ubicación trabaja hace 10 años.
Su familia, es decir sus 3 hijas y sus yernos, también venden sus productos en ese mismo sector. Sus hijas también trabajan con Fondo Esperanza y sus negocios consisten en la venta de confites, helados y mote con huesillo.
Con este préstamo Judith quiere comprar una máquina congeladora, para guardar sus productos comestibles. Su meta es apoyar y motivar a sus hijas para que crezcan en sus negocios y así puedan tener una mejor calidad de vida.
Durante la tragedia del terremoto del pasado 27 de febrero, Judith perdió toda su mercadería, y afortunadamente su casa no tuvo daños. Ella está muy agradecida del apoyo que les dio Fondo Esperanza, haciéndose presente con ollas comunes (repartiendo comida a los emprendedores afectados) y tomando medidas de emergencia con respecto a los pagos de los préstamos. Judith ha sentido también un gran apoyo de parte de Fondo Esperanza, en relación a su negocio y a los de sus hijas, ya que gracias a los créditos y la educación, sus negocios han podido crecer.
Concepción, está asentada en la desembocadura del río Biobío, uno de los más grandes del país, al sur de Chile, en la región del Bíobío. Ha tenido una importante función en nuestra historia, siendo sede de importantes batallas y asentamiento relevante, especialmente durante la Guerra de Arauco, por estar en la frontera con territorio mapuche. Actualmente la ciudad posee un importante desarrollo económico y demográfico, llegando a ser considerada como uno de los núcleos urbanos, demográfico, administrativo, financiero y comercial más relevantes de Chile, después de Santiago y Valparaíso.

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.

About Chile

  • $14,900
    Average annual income
  • 0
    View loans »
    Chile Loans Fundraising
  • $2,637,700
    Funds lent in using Kiva
  • 484.6
    Chile Pesos (CLP) = $1 USD