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María
María belongs to the “Avanzando Juntas” (Moving Forward Together) community bank in the city of Talca. For the past nine years she has a fast-food stall located out the front of her house. The main products she sells are: hot dogs, barbecued meat, 'sopaipillas' (fried pastries) and empanadas (stuffed pastries). She serves in her business every day of the week from 5.30pm to 1.00am.

She will use this loan to buy tiles for the floor of her business, a mixer and also cooking ingredients such as flour, hot dogs, mayonnaise, bread, etc. Her dream is to extend her business space and include tables so that her customers can eat there.

María provides the only economic support for her household since she lives alone with her 12 year-old daughter. María is very grateful for the financial support that she has received through Fondo Esperanza's loans. She also tells us that participating in her community bank meetings together with her fellow members has helped give her encouragement.

Talca is in Maule region, in the center of the country. Most of its residents live in the rural area and mainly engage in farming activities. Talca is noted for its beautiful handicrafts and colonial architecture. Its main attractions are related to the area's wine production.
View original language description ↓
María pertenece al banco comunal “Avanzando Juntas” de la ciudad de Talca. Ella tiene un puesto de comida rápida, desde hace 9 años, ubicado en el patio delantero de su casa. Sus principales productos de venta son: hot dogs, churrascos, sopaipillas y empanadas. Atiende todos los días de la semana, de 17:30 hrs. a 1:00 hrs.
Con este préstamo comprará cerámica para el suelo de su negocio, una batidora y también ingredientes para cocinar, como por ejemplo: harina, vienesas, mayonesa, pan, etc. Su sueño es ampliar el espacio de su negocio e incluir mesas para que sus clientes puedan comer en el mismo lugar.
María es el único sustento económico de su hogar, ya que vive sola con su única hija de 12 años.
María está muy agradecida del apoyo económico que han sido para ella y su negocio, los préstamos de Fondo Esperanza. Además, participar en las reuniones junto a sus compañeros le ha ayudado anímicamente.
Talca pertenece a la región del Maule, ubicada en la zona centro del país. La mayor parte de la población habita en el sector rural y se dedica principalmente a las actividades económicas propias del campo. Se caracteriza por su hermosa artesanía y arquitectura colonial. Sus principales atracciones dicen relación con la producción vitivinícola.

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
  • 477.5
    Chile Pesos (CLP) = $1 USD