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Sandra is a member of the “Bannen” communal bank in the city of Lota. She is an alternative perfumes merchant. She’s been in this line of work for 6 years; she runs the business independently. In addition, Sandra has a stable job as a Food Handler in a casino, Monday through Saturday afternoons. Her sales are via catalogue either in her home or at her customers’ offices. With this business and with her job Sandra managed to obtain a house of her own.

Sandra will use this loan to get her catalogue perfume orders filled in the city of Santiago (capital of Chile) which are then sent to her via delivery service.

Her dream is to buy more perfumes aiming at increasing the number of customers and of income because Sandra wants to invest in a new business for winter, specifically the sale of firewood.

For Sandra, Fondo Esperanza loans have meant support that has made it possible for her business to grow and her income to increase. In addition, the training sessions have been very useful, especially on how to organize her capital and invest efficiently.

Lota, in Mapudungun, the language of our Mapuche indigenous peoples, means “small hamlet.” It is a coastal commune located near the city of Concepción in the south of Chile in the Bíobío region. Lota is famous for its coal deposits which are tightly tied to Chile’s economic development history as well as for its underground miners whose difficult living conditions were described by the Chilean author, Baldomero Lillo, in his book “Subterra.”
View original language description ↓
Sandra pertenece al banco comunal “Bannen” perteneciente a la ciudad de Lota. Ella se dedica a la compra y venta de perfumes alternativos, desde hace 6 años, este negocio lo realiza de manera independiente. Además Sandra cuenta con un trabajo estable de manipuladora de alimentos en un casino, de lunes a viernes en las mañanas. Por lo que la disponibilidad en su negocio es por las tardes de lunes a sábado. Sus ventas son a través de catálogos, en su casa u oficinas de sus clientes. Con este negocio más el trabajo dependiente de Sandra, logró obtener su casa propia.
Con este préstamo, Sandra hará sus encargos de perfumes a través de catálogo a la ciudad de Santiago (capital de Chile), los que llegan a través de encomienda.
Su sueño es comprar mas perfumes con la finalidad de aumentar el número de clientes e ingresos, ya que Sandra quiere invertir en un nuevo negocio, para la temporada de invierno, específicamente venta de leña.
Para Sandra los préstamos de Fondo Esperanza han sido un apoyo que le ha permitido crecer en su negocio, y aumentar sus ingresos, sumado a esto le han servido las enseñanzas sobre como organizar el capital e invertir de manera eficiente.
Lota significa en mapudungun, idioma de nuestros indígenas mapuches, "pequeño lugarejo”. Es una comuna costera ubicada cerca de la ciudad de Concepción al sur de Chile, en la región del Bíobío. Lota es célebre por sus grandes yacimientos carboníferos muy ligados a la historia y desarrollo económico de Chile, así como por sus trabajadores de la minería subterránea, cuyas difíciles condiciones de vida fueron descritas por el escritor chileno Baldomero Lillo en su libro "Subterra".

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
  • 479.1
    Chile Pesos (CLP) = $1 USD

Success!! The loan was 100% repaid

A loan of $950 helped Sandra for alternative perfumes.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Feb 1, 2011
Feb 8, 2011
Currency Exchange Loss:
Jul 15, 2011