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Pedro
Pedro is a member of the “Pueblo de Indios Emprende” community bank which is located in the district of San Vicente de Tagua Tagua. He has had a vegetable stall in the same market near his home for 30 years. He suffers from deafness because he was assaulted several years ago and suffered blows to the head.

He works 2 days a week and sometimes his wife or one of his daughters will accompany him and help him with his sales. He will use this loan to buy vegetables.

Pedro's dream is to have his own home since the one which he was renting completely collapsed as a result of the earthquake which occurred on the 27th of February this year. Following the earthquake, he lived for two months in the open air together with his family, that is to say his wife, his daughter, his son-in-law and his 2 granddaughters aged 15 and 5, until he obtained a 'mediagua' (a temporary dwelling made from wood boards) through Fondo Esperanza.

Pedro is very grateful to Fondo Esperanza not only for the great help which they have been to him with their loans and their low interest rates but also for the support they gave him after the earthquake.

San Vicente de Tagua Tagua is a district in the central area of Chile in the Libertador General Bernardo O'Higgins region on the banks of the river Estero Zamorano. The area's main source of income is the production of lemons, oranges and avocados.
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Pedro forma parte del banco comunal “Pueblo de Indios Emprende”, perteneciente a la comuna de San Vicente de Tagua Tagua. Él tiene un puesto de verduras hace 30 años en la misma feria, cercana a su hogar. Padece de sordera debido a un asalto, hace varios años atrás, en el que sufrió golpes en su cabeza.
Trabaja 2 días a la semana y lo acompañan a vender, a veces, su esposa o una de sus hijas. Con este préstamo comprará verduras.
Su sueño es tener una casa propia, ya que la que arrendaba, se derrumbó por completo debido al terremoto del pasado 27 de febrero, Vivió entonces por casi dos meses a la intemperie junto a su familia, es decir su esposa, su hija, su yerno y sus 2 nietas de 15 y 5 años, hasta que por medio de Fondo Esperanza obtuvo una mediagua (vivienda temporal hecha de paneles de madera).
Está muy agradecido de Fondo Esperanza, no solo por la gran ayuda que le han sido los préstamos, por sus bajos intereses, sino que también por el apoyo 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
  • $2,552,775
    Funds lent in using Kiva
  • 489.4
    Chile Pesos (CLP) = $1 USD