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María Inés
Maria Ines is a member of the “Lontue 1” communal bank, located in the city of Molina. She has sold confectionery products for 4 years. All her work is done from her house and she sells her products, specifically, cakes and swiss rolls, to commercial establishments. During the summer, Maria Ines sells artisan ice creams, and during the autumn and winter, she sells fast food from a cart. Her merchandise is usually bought by distributors and wholesale supermarkets.

With this loan Maria Ines will buy supplies to make confectionery products and for her fast food cart. Her motivations are to get ahead, and to do so, her goal is to have an established store. Her personal dream is to have this store in her own house, due to her health problems. Maria Ines can't work in any other place.

Maria Ines is very content and grateful for the help offered through Fondo Esperanza. It has motivated her to forge ahead with her business and is a great motivation for her. With respect to the group meetings, they are very useful and serve as a distraction during her free time. The loans have been a fundamental help for her business, enabling her to invest in her enterprise. The training sessions have been essential in organizing the accounting for her business.

Molina is town in the central zone of Chile, located in the Maule region. It is characterized, principally, as being one of the grand poles of Chile's grape-growing industry. In addition to the vineyards, there is the fruit growing industry, especially the production of apples, pears, and kiwis.
View original language description ↓
María Inés forma parte del banco comunal “Lontué I”, perteneciente a la ciudad de Molina.
Ella se dedica a realizar y vender productos de repostería desde hace 4 años. Todo su quehacer lo realiza desde su casa y vende sus productos al comercio establecido. Específicamente queques y brazos de reina. Durante la temporada de verano se dedica a vender helados artesanales y durante ésta temporada de otoño invierno, venderá comida rápida en un carro.
Su mercadería la compra usualmente en distribuidoras y supermercados mayoristas.
Con el préstamo comprará insumos para sus productos de repostería y su carro de comida rápida.
Sus motivaciones son surgir y para esto sus metas son tener un local establecido. Su sueño a nivel personal es tener éste local en su propia casa, debido a problemas de salud, María Inés no puede trabajar en otro lugar.
María Inés está muy contenta y agradecida del apoyo brindado por Fondo esperanza, ya que la han impulsado a seguir adelante con su negocio, lo que es una gran motivación para ella. Respecto a las reuniones, éstas son muy amenas y le sirven como distracción en sus ratos libres. El crédito ha sido un apoyo fundamental para su negocio, ya que con éste invertirá en su negocio. Las capacitaciones han sido esenciales para organizar la contabilidad de su negocio.
Molina es una comuna de la zona central de Chile, ubicada en la región del Maule. Se caracteriza principalmente por ser uno de los grandes polos de la industria vitivinícola chilena. Además de las vides, está la industria frutícola, destacando la producción de manzanas, peras y kiwis.

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
  • 469.7
    Chile Pesos (CLP) = $1 USD

Success!! The loan was 100% repaid

100% repaid
Repayment Term
7 months (Additional Information)
Repayment Schedule
Mar 25, 2011
Apr 11, 2011
Currency Exchange Loss:
Sep 15, 2011