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Judith
Judith is part of the communal bank “Esperanza y Fé” (Hope and Faith) in the community of Independencia. Her business consists of the sale, rental, and production of costumes and typical dress. She has worked out of her house for three years.
With this loan she will buy materials to make costumes, hangers, and bags to cover the costumes. Her dream is to have an event-planning business, like birthdays and weddings offering full service (drinks, decorations, and activities) and in this way maintain the economic well-being of her family. She has two daughters who are seven and two-years-old.
For Judith, “Fondo Esperanza” (Hope Fund) has made an important contribution to her business that has enabled her to grow and improve her quality of life.
Independencia is one of the 34 communities that make up the city of Santiago (the capital of Chile). It is located in the central-north sector. It is characterized by the presence of buildings of medium height. Here you can find the Centro Cultural Indígena de Chile (Indigenous Culture Center of Chile), among six other historic monuments of Chile.
View original language description ↓
Judith forma parte del banco comunal “Esperanza y Fe” de la comuna de Independencia. Su negocio consiste en la venta, arriendo y confección de disfraces y trajes típicos, en su casa, desde hace 3 años.
Con este préstamo comprará materiales para confeccionar trajes, colgadores y bolsas para cubrir los disfraces. Su sueño es tener una empresa de eventos, como cumpleaños y matrimonios con servicio integral (coctel, decoración y animación) y de esta manera mantener un bienestar económico para su familia. Tiene 2 hijas de 7 y 2 años.
Para Judith, Fondo Esperanza ha sido un importante aporte en su negocio, que le ha permitido crecer y mejorar sus condiciones de vida.
Independencia es una de las 34 comunas que componen la ciudad de Santiago (capital de Chile), ubicada en el sector centro-norte. Se caracteriza por la presencia de edificios de mediana altura. Aquí se encuentra el Centro Cultural Indígena de Chile, entre otros 6 monumentos históricos de Chile.

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
  • 479.3
    Chile Pesos (CLP) = $1 USD

Success!! The loan was 100% repaid

A loan of $625 helped Judith fabrics, hangers, and bags.
100% repaid
Repayment Term
7 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Oct 29, 2010
Listed
Dec 1, 2010
Currency Exchange Loss:
Possible
Ended:
Apr 15, 2011