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María
Maria is a member of the communal bank "Cascada de Oro", meaning Golden Waterfall, in the city of Osorno. She has had a stand in a market near her house for the past 5 years and she sells various articles, such as: tablecloths, sweaters, socks, used clothing, and other items. She operates her stand only on weekends. She has a daughter who also works with Fondo Esperanza (Kiva Field Partner) and she also has a stand in the same market. Maria used to sell vegetables. With this loan she will purchase sweaters, ladies' handbags, beach towels, and used clothing. Maria's dream is to have her business relocated to her house, for which she has been saving money. Maria is very thankful not only for the loans granted by Fondo Esperanza (which helped her increase the quantity of her merchandise) but also for the workshops on how to manage a business and for the recordkeeping facilities detailing their expenses and earnings. Through this support she is able to forecast her expenses and investments. Osorno is a city that is located in the southern regions of Chile, a region called Los Lagos. It is a very important agricultural region commonly known as the basket of milk and meat of Chile. The agricultural activities include the harvest of wheat and oats, as well as cattle farming, producing meats and milk. The region is also known for the production of agricultural equipment. Osorno has the only covered soccer stadium, and it is called the Ruben Marcos Municipal Stadium.
View original language description ↓
María pertenece al banco comunal “Cascada de Oro” de la ciudad de Osorno. Ella tiene un puesto en una feria cercana a su casa en donde vende variados artículos como por ejemplo: manteles de losa, poleras, calcetines y ropa usada, entre otras cosas, desde hace 5 años. Ella atiende este puesto solo los fines de semana. Tiene una hija que también trabaja con Fondo Esperanza y tiene un puesto en la misma feria, donde vende juguetes.
Antes de tener este rubro, María vendía verduras.
Con este préstamo comprará poleras, bolsos de mujer, toallas de playa y ropa usada.
El sueño de María es tener un negocio establecido en su propia casa, para lo cual está ahorrando.
María está muy agradecida no solo de los préstamos de Fondo Esperanza, los que le han permitido aumentar la cantidad de su mercadería, sino también de los talleres sobre cómo administrar su negocio y llevar registros de sus gastos y ganancias, con lo cual ha podido proyectar sus gastos e inversiones.
Osorno es una ciudad que se ubica en la zona sur de Chile, región de Los Lagos. Es un importante centro agropecuario que se identifica como "La Patria de la Leche y Tierra de la Carne" de Chile. Dentro de su actividad agropecuaria se destaca el cultivo de trigo y avena, la crianza de ganado, para el procesamiento de carnes y lácteos además de la fabricación de equipos agrarios.
Destaca en Osorno el único estadio de fútbol techado de Chile, el Estadio Municipal "Rubén Marcos”.

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
  • 480.9
    Chile Pesos (CLP) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,075 helped María poleras, bolsos y toallas nuevas y ropa usada.
100% repaid
Repayment Term
7 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jan 31, 2011
Listed
Feb 4, 2011
Currency Exchange Loss:
Possible
Ended:
Jul 15, 2011