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Sonia
Sonia is a member of the “Amigo” communal bank in Recoleta. She has been manufacturing and selling school uniforms for the past 17 years. For the past three years she’s had a workshop installed in her patio. Her family helps her cut and assemble the school uniforms; her daughter embroiders and her husband helps her cut after he gets home from work.

Two schools are her frequent buyers. She delivers school uniforms to them (skirts, pants and sweatshirts) from November through April. Sonia also has individual customers for whom she makes sweatshirts and parkas for winter. With this loan Sonia will buy fabric and collars for t-shirts.

Her dream is to increase her number of customers; in other words, include an additional school as a regular customer as well as increase her individual customers so that production will increase and thus her profits as well. And in addition to this, she wants to be well known.

For Sonia, loans from Fondo Esperanza have been fundamental for her business because they have made it possible to finance and increase production. Thanks to income from her business Sonia has been able to pay for her daughter’s higher education.

Recoleta is one of the 34 communes in Santiago (capital of Chile) and is located in the north-central part of Santiago’s metropolitan area. It has active commerce, a notable neighborhood being Patronato which has welcomed principally Arab merchants (at the beginning) and Koreans (now).
View original language description ↓
Sonia pertenece al Banco comunal “Amigo”, perteneciente a la comuna de Recoleta. Ella se dedica a la confección y venta de uniformes escolares hace 17 años y desde hace 3 años tiene un taller que acomodó en el patio de su casa. Su familia le ayuda en el corte y confección de los uniformes escolares; su hija borda y su marido después de su trabajo le ayuda a cortar las telas.
Tiene como clientes frecuentes a 2 colegios, a los cuales entrega uniformes escolares (faldas, pantalones, buzos), durante el periodo de noviembre a abril. Además Sonia tiene clientes particulares, a los que les confecciona buzos y parkas en temporada de invierno.
Con este préstamo, Sonia comprará telas y cuellos para poleras.
Su sueño es aumentar el número de clientes; es decir incluir como un cliente frecuente a un colegio más y también aumentar sus clientes particulares, de esta manera aumentar su producción y por ende sus ingresos. Sumado a esto ser reconocida.
Para Sonia los préstamos de Fondo Esperanza han sido fundamentales en su negocio, ya que le han permitido financiar y aumentar su producción. Gracias a los ingresos de su negocio Sonia ha podido financiar los estudios superiores de su hija.
Recoleta es una de las 34 comunas de Santiago (capital de Chile) y se encuentra ubicada en el sector centro-norte del Santiago, región metropolitana. Cuenta con un activo comercio, destacando el barrio comercial de Patronato que ha acogido principalmente a comerciantes árabes (en un principio) y coreanos (en la actualidad).

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
  • $2,552,775
    Funds lent in using Kiva
  • 479.5
    Chile Pesos (CLP) = $1 USD

Success!! The loan was 100% repaid

A loan of $725 helped Sonia for fabric and shirt collars.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Feb 4, 2011
Listed
Feb 7, 2011
Currency Exchange Loss:
Possible
Ended:
Jul 15, 2011