Check out some available loans that are similar to this one!
Pablina
Pablina is part of the community bank called "With Effort We Can" which is in the city of Concepción." She has an established fast food and arcade game business and has been running this for 4 years. Her work hours are from 11 in the morning until 1am. In the fast food business, she sells hot dogs, french fries, and baked goods. She also has a catering business and she has to recruit young people to be waiters when she caters big events. The business is doing very well and she has many clients.
She buys her supplies from a distributor in the city of Concepción.
She will use the loan to buy a printer to decorate cakes with pictures and people's photos. She will also buy molds or towers for wedding cakes, a chocolate fountain, and electric oven, cookie cutters, and ingredients for her products.
Her dream is to have a full catering business.
Pablina lives with her two daughters, who are 21 and 4 years old. Her oldest daughter studies kinesiology at the university, and the younger girl is in pre-school. She is motivated by the desire to offer her daughters a better standard of living.
Pablina is very grateful for the loan granted to her by Fondo Esperanza as she has been able to invest in her business. She is very comfortable and happy with her community bank group because the meetings are very enjoyable.
Concepción sits at the mouth of the river Bíobío, one of the biggest rivers in the country, at the south of Chile in the Bíobío region. The city has played an important role in our history, being the location of important battles and settlement, especially during the War of Arauco as it is on the frontier of the Mapuche territory. The city currently plays an important role in economic and demographic development and is coming to be considered one of the most important demographic, administrative, financial, and commercial of Chile, after Santiago and Valparaíso.
View original language description ↓
Pablina forma parte del banco comunal “Con Esfuerzo se puede”, perteneciente a la ciudad de Concepción. Ella tiene un local establecido de comida rápida y máquinas de juego desde hace 4 años. Su horario laboral es de 11ºº de la mañana hasta la 01ºº de la madrugada. En el negocio de comida rápida se dedica a vender completos, papas fritas y productos de repostería. Además Pablina cuenta con el servicio de banquetería, ahí tiene la necesidad de contratar a jóvenes para el cargo de garzones, cuando los eventos son masivos. A ella le va muy bien en su negocio y tiene muchos clientes.
Ella compra su mercadería en una distribuidora en la ciudad de Concepción.
Con éste préstamo comprará una impresora, para decorar las tortas con imágenes y fotos de personas. Además comprará moldes o torres para tortas de novios, una cascada de chocolate, un horno eléctrico, moldes de galletas e ingredientes para sus productos.
Su sueño es tener una empresa de banquetería.
Pablina vive junto a sus dos hijas de 21 y 4 años de edad. Su hija mayor estudia kinesiología en la Universidad y la más pequeña está en la etapa pre- escolar. Sus motivaciones son poder brindarles a sus hijas un mejor bienestar económico.
Pablina está muy agradecida del crédito otorgado por Fondo esperanza, ya que con éste ha podido invertir en su negocio. Respecto a su grupo del banco comunal, ella se siente muy cómoda y contenta, ya que las reuniones son muy amenas.
Concepción, está asentada en la desembocadura del río Bíobío, uno de los más grandes del país, al sur de Chile, en la región del Bíobío. Ha tenido una importante función en nuestra historia, siendo sede de importantes batallas y asentamiento relevante, especialmente durante la Guerra de Arauco, por estar en la frontera con territorio mapuche. Actualmente la ciudad posee un importante desarrollo económico y demográfico, llegando a ser considerada como uno de los núcleos urbanos, demográfico, administrativo, financiero y comercial más relevantes de Chile, después de Santiago y Valparaíso.

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
  • 479.9
    Chile Pesos (CLP) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,100 helped Pablina to buy a printer for decorating cakes; molds, for wedding cakes; a chocolate fountain; an electric oven; cookie cutters, and ingredients.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Feb 25, 2011
Listed
Mar 26, 2011
Currency Exchange Loss:
Possible
Ended:
Sep 15, 2011