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Violeta
Violeta is a member of the Pueblo de Indios Emprende Community Bank in the town of San Vicente de Tagua Tagua. She has run a grocery store out of her house for two years. Also at weekends she takes orders for pies and empanadas. Her husband who works in construction helps her with the business when he doesn’t have work.

With this loan Violeta will buy merchandise such as flour and drinks. She has three children but only the youngest who is 12 years old lives with her. Her dream is to own a breadmaker as she has studied baking, and this is what she most likes to do.

Violeta is very grateful to Kiva partner Fondo Esperanza as she obtained the loan without any problems. Also the interest rate is low, and the money has given her the chance to expand the business. When she first started working with Fondo Esperanza, she only sold baking which had previously been ordered.

San Vicente de Tagua Tagua is a town in the central part of Chile in the region of Libertador General Bernardo O’Higgins, located on the banks of the Estero Zamorano River. Most people in this part of Chile make a living selling lemons, oranges and avocados. .
View original language description ↓
Violeta forma parte del banco comunal “Pueblo de Indios Emprende”, perteneciente a la comuna de San Vicente de Tagua Tagua. Ella tiene una tienda de abarrotes, en su casa hace 2 años. Además los fines de semana hace tortas y empanadas por encargo. Su esposo, quien trabaja en construcción, le ayuda a atender el negocio cuando está sin trabajo.
Con este préstamo comprará mercadería, es decir abarrotes, harina y bebidas. Tiene 3 hijos, pero solo el menor, de 12 años, vive con ella. Su sueño es tener una amasandería, ya que estudió repostería y es lo que más le gusta hacer. Violeta está muy agradecida de Fondo Esperanza, ya que pudo obtener los préstamos sin ninguna complicación, por el bajo interés y porque le dio la oportunidad para crecer en su negocio, ya que cuando comenzó a trabajar con Fondo Esperanza solo vendía productos de repostería por encargos.
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
  • $2,552,775
    Funds lent in using Kiva
  • 491.5
    Chile Pesos (CLP) = $1 USD