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José
José is a member of the “Fénix” (Phoenix) communal bank in the city of La Cisterna. He is a fruit, vegetable and groceries merchant. He has a store in his front yard. He’s been in this line of work for 7 years. He buys his merchandise at the Lo Valledor market, a market for merchants, because prices are low so it’s more convenient economically. He works from 8am until 11pm every day of the week.

He will use the loan to stock his store, specifically with groceries, vegetables and fruit. In addition, he will buy a metal grille to protect his locale and improve its infrastructure. His dream is to enlarge his business and to stock it. He also wants to buy a vehicle that he can use to transport his merchandise because at present he pays shipping costs to transport it.

José lives with his wife who helps him tend to the store when he’s absent and she also makes salads.

José is very grateful for the loan he got from Fondo Esperanza. He’s also very happy with the organization the institution has to help enterprising people like him. With respect to the training, José has learned how to manage his business’ accounting. As for the meetings with his fellow members, they are quite pleasant and José is very committed to his group; he is his bank’s Delegate.

La Cisterna is a commune located in the south central sector of the metropolitan area. It is essentially a residential and commercial commune. At its beginning it was rural with large tracts. However, due to its increase in population and the arrival of basic services it became 100% urban.
View original language description ↓
José forma parte del banco comunal “Fénix”, perteneciente a la ciudad de La Cisterna.
El se dedica a vender frutas, verduras y abarrotes en un local que tiene ubicado en el ante jardín de su casa. José trabaja desde hace 7 años en el rubro. Su mercadería la compra en la feria de Lo Valledor, ésta es una feria para comerciantes, ya que los precios son a bajo costo, por lo tanto más conveniente económicamente. Su horario laboral es de 8ºº de la mañana hasta las 23ºº horas, todos los días de la semana.
Con éste préstamo comprará mercadería para abastecer su negocio, específicamente; abarrotes, verduras y frutas. Además comprará una reja para proteger su local y mejorar su infraestructura.
Su sueño es poder ampliar su negocio y abastecerlo, además quiere comprar un vehículo que le sirva para trasladar su mercadería, ya que por ahora paga fletes para trasladarla.
José vive con su esposa quien además le ayuda a atender el negocio cuando el no se encuentra y también prepara ensaladas.
José está muy agradecido del crédito obtenido a través de Fondo esperanza, además se siente muy contento de la organización que tiene la institución, para ayudar a personas emprendoras como él. Respecto a las capacitaciones José ha aprendido a llevar la contabilidad de su negocio. En cuanto a las reuniones con los demás socios, estas son muy amenas y José está muy comprometido con su grupo, puesto que además es delegado del banco comunal.
La Cisterna es una comuna ubicada en el sector centro-sur de la región Metropolitana. Es una comuna esencialmente residencial y comercial. En sus inicios era un sector rural, de grandes parcelas, sin embargo debido al crecimiento de su población y la llegada de servicios pasó a ser un sector 100% urbano.

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
  • 474.8
    Chile Pesos (CLP) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,100 helped José to buy groceries, fruit and vegetables and also to buy a metal grille to protect his store and improve its infrastructure.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Mar 25, 2011
Listed
Apr 7, 2011
Currency Exchange Loss:
Possible
Ended:
Aug 15, 2011