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Norma
Norma is a member of the “Camino Esperanza” (Hope Road) communal bank in the city of Viña del Mar. She has sold underwear (lingerie) for adults and children via catalogue for the last 8 years. She is also a barber and works half days (in the afternoon) from Monday through Saturday in a barber shop. In addition, she provides private in-home barber services.

She will use this loan to buy a current fall-winter lingerie catalogue and her customer’s pending orders. To do so, she will travel to Santiago like she does monthly, every two weeks.

Norma lives with her husband who receives a small pension and her adult daughter who works independently half days.Norma’s dream is to own a barber shop.

For Norma, Fondo Esperanza has been a great help in that it has made it possible for her business to grow because thanks to the loans she has been able to buy barber supplies to work privately and has been able to stay in the lingerie business. In addition the business training workshops, especially those on how to save by organizing costs and profits, have been very useful. These were taught by her Fondo Esperanza advisor during a group meeting.

Viña del Mar is a city and commune along the Chilean coast. It is known as the Garden City because of the gardens and patios some of the old homes in the city have. It is also known as Chile’s tourism capital.
View original language description ↓
Norma pertenece al banco comunal “Camino Esperanza” perteneciente a la ciudad de Viña del Mar. Ella vende ropa interior (lencería) de adultos y niños por catálogo, desde hace 8 años. También Norma es peluquera y trabaja medio día (durante la tarde), de lunes a sábado en una peluquería. Además realiza trabajos particulares como peluquera, pero a domicilio.
Con este préstamo comprará un catálogo de ropa interior actualizado de otoño - invierno y los encargos de sus clientes. Para lo que viajará a Santiago, como todos los meses, cada 15 días.
Norma vive con su esposo, quien recibe una pequeña pensión y su hija quien es mayor de edad y trabaja de forma dependiente medio día.
El sueño de Norma es tener una peluquería.
Para Norma Fondo Esperanza ha sido un gran apoyo que le ha permitido crecer en su negocio, ya que gracias a los préstamos puede comprar los materiales de peluquería para trabajar de manera particular y ha mantenido su negocio de ropa interior.
Además le han servido mucho el talleres de educación emprendedora, especialmente uno referente a cómo ahorrar organizando sus gastos y ganancias, el cual se les enseño a su grupo durante una reunión de Fondo Esperanza, de parte de su asesor.
Viña del Mar es una ciudad y comuna ubicada en el litoral central de Chile, conocida como la Ciudad Jardín debido a los jardines y patios que poseen algunas viviendas antiguas de la ciudad. También es considerada la capital turística 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
  • $2,552,775
    Funds lent in using Kiva
  • 479.5
    Chile Pesos (CLP) = $1 USD

Success!! The loan was 100% repaid

A loan of $875 helped Norma for the fall-winter catalogue and for lingerie orders.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Feb 2, 2011
Listed
Feb 7, 2011
Currency Exchange Loss:
Possible
Ended:
Jul 15, 2011