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María
María is a part of the “Con Fuerza y Unión” [“With Strength and Unity”] communal bank in the city of Curicó. She has worked as a baker from her home for the past 7 years. Her main products are lemon pie, apple and banana cake, kneaded bread and Spanish tortillas, among others. She sells them by order. María also works as an educational assistant in a school.
She will buy ingredients with this loan. Her dream is to leave her job as an assistant to devote 100% of her time to baking, but she is holding off on this dream until her children, ages 24 and 17, finish college. The oldest studies architecture at the university. The youngest will also begin college once he finishes high school at 18.
María thanks Fondo Esperanza for trusting her by giving her loans. She is also very encouraged by the unity of her group.
Curicó is located in the Maule region, the central area of the country. The climate in Curicó is Mediterranean-like and is considered one of the most pleasant in Chile. Curicó is also characterized by its wine culture and the magical natural beauty of the surrounding area.
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María forma parte del banco comunal “Con Fuerza y Unión” perteneciente a la ciudad de Curicó. Ella se dedica a la pastelería, en su casa desde hace 7 años. Sus principales productos son pie de limón, queque de manzana y plátano, pan amasado y tortillas entre otros, los cuales vende por pedidos. Además María trabaja como asistente de educación en un colegio.
Con este préstamo comprará ingredientes. Su sueño es dejar su trabajo dependiente para dedicarse 100% a la pastelería, sin embargo este sueño lo está postergando hasta que sus hijos de 24 y 17 años terminen sus estudios superiores. El mayor estudia arquitectura en la universidad y el menor, cuando salga del colegio, a los 18, iniciará también sus estudios universitarios.
María agradece a Fondo Esperanza por confiar en ella al entregarle los préstamos y también le motiva mucho la unidad de su grupo.
Curicó se ubica en la región del Maule, zona centro del país. El clima de Curicó es de tipo mediterráneo y es considerado como uno de los más agradables del país. Se caracteriza además por su cultura en torno al vino y sus alrededores de una belleza mágicamente natural

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
  • $2,637,700
    Funds lent in using Kiva
  • 480.6
    Chile Pesos (CLP) = $1 USD