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Marta
Marta is a member of the communal bank "A Challenge for All" in the town of Puente Alto. She has run a bazaar and a parcel service out of her home for the last 7 years. She also sells pet food. With this loan, she will buy an ice cream machine and other merchandise. Her goal is to have a wider variety of products for her business. Her dream is to buy a car in order to purchase the merchandise for her business more easily.

Marta appreciates the support that Fondo Esperanza has given her through their loans and educational classes, especially their business administration class. She also values the friendships she has made through the group.

Puente Alto is a town located to the north of Santiago, the capital of Chile. It was founded as a small rural town at the end of the nineteenth century but due to its large demographic growth, today it is one of the most populous towns in Chile with more than 600,000 inhabitants. It is the port of entry to the metropolitan section of the Andean foothills, known as the Cajón de Maipo. This sector is known for its hiking trails, horseback riding and rafting as well as its hospitality industry.
View original language description ↓
Marta forma parte del banco comunal “Un Desafío para Todos” de la comuna de Puente Alto. Ella tiene un bazar y paquetería en su casa, desde hace 7 años, en donde también vende alimentos para mascotas.
Con este préstamo comprará una máquina congeladora de helados y mercadería. Su meta es tener más variedad de productos en su negocio. Su sueño es comprar un auto, para facilitar el proceso de las compras de la mercadería.
Marta agradece el apoyo de Fondo Esperanza, a través de los préstamos y la educación, destacando entre los temas, cómo administrar su negocio. También valora las amistades que ha ganado dentro de su grupo.
Puente Alto es una comuna ubicada al norte de Santiago, capital de Chile. Fue fundada como un pequeño pueblo rural a fines del siglo XIX, pero dado su crecimiento demográfico es actualmente una de las comunas con mayor población de Chile, superando los 600 mil habitantes. Es la puerta de entrada a uno de los sectores precordilleranos de la región Metropolitana, conocido como el Cajón del Maipo, sector con espacios de caminatas, cabalgatas, rafting, entre otras actividades y servicios de alojamiento y alimentación.

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

  • $19,100
    Average annual income
  • 0
    View loans »
    Chile Loans Fundraising
  • $2,637,700
    Funds lent in using Kiva
  • 479.3
    Chile Pesos (CLP) = $1 USD

Success!! The loan was 100% repaid

A loan of $900 helped Marta ice cream machine and merchandise.
100% repaid
Repayment Term
7 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Oct 27, 2010
Listed
Dec 1, 2010
Currency Exchange Loss:
Possible
Ended:
Apr 15, 2011