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María
Maria is a member of the “Pueblo de Indios Emprende” communal bank in the community of San Vicente de Tagua Tagua. She has a small liquor store that she has run from her home for the last 20 years, where she and her daughter both work. Her husband also helps out when he is not working at the vegetable stand he has at a local fair. Maria, her daughter and her husband all work with Fondo Esperanza [the Kiva field partner]. Her daughter, who has a 5-year-old son, also makes fresh bread on the weekends to sell from their home.

With this loan, Maria plans to buy both alcoholic and non-alcoholic drinks. Her dream is to have a well-built house, made of good solid materials, because she lost both her house and all of her merchandise in the earthquake that hit Chile this past February. After the earthquake, Maria, her husband, her daughter and her grandson lived in a tent for one month. Through Fondo Esperanza they were able to get a small temporary dwelling made from wood panels.

Maria is very thankful for the support that Fondo Esperanza has given to her and her family, not only for the loans but also for the concern that they have shown them, particularly after the earthquake.

San Vicente de Tagua Tagua is a community in Chile's central zone, in the region of Libertador General Bernardo O’Higgins, located on the banks of the Estero Zamorano river. The main economic activity in the area is the cultivation of lemons, oranges and avocados.
View original language description ↓
María participa del banco comunal “Pueblo de Indios Emprende” perteneciente a la comuna de San Vicente de Tagua Tagua. Ella tiene una botillería en su casa, hace aproximadamente 20 años, la cual atiende junto a su hija. Su esposo también le ayuda cuando no está en su puesto de verduras en la feria. Tanto María, su hija y su esposo trabajan con Fondo Esperanza. Su hija, quien tiene un hijo de 5 años, además hace pan amasado, los fines de semana, para vender también en la casa.
Con este préstamo María invertirá en bebidas con y sin alcohol. Su sueño es tener una casa firme (de material sólido), ya que producto del terremoto del pasado 27 de febrero perdió por completo la que tenía, al igual que toda su mercadería. Luego del terremoto María, su esposo, su hija y su nieto vivieron 1 mes en una carpa, hasta que por medio de Fondo Esperanza obtuvieron una mediagua (pequeña casa provisoria hecha de paneles de madera).
María está muy agradecida del apoyo que le ha dado FE a ella y su familia, no solo por los préstamos, sino por la preocupación que ha demostrado por ellos, sobre todo después del terremoto.
San Vicente de Tagua Tagua es una comuna de la zona central de Chile, perteneciente a la región del Libertador General Bernardo O’higgins, emplazada a orillas del río Estero Zamorano. Su principal fuente económica se basa en la producción de limones, naranjas y paltas.

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
  • $2,587,775
    Funds lent in using Kiva
  • 484.6
    Chile Pesos (CLP) = $1 USD

Success!! The loan was 100% repaid

A loan of $875 helped María alcoholic and non-alcoholic beverages.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Oct 22, 2010
Listed
Oct 25, 2010
Currency Exchange Loss:
Possible
Ended:
May 15, 2011