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María
Maria is part of the “Visión al Futuro” communal bank in the city of Coronel. She sells second hand clothing at the fair all day on Fridays. Her sales vary depending on the merchandise she has to offer on a given day.

María has been doing this for eight years and began because her daughter had gotten sick with pancreatic cystic fibrosis. Starting from scratch was difficult and involved many sacrifices because she also had to pay for her daughter’s medicines. She started out selling raffle tickets, but it didn’t bring in enough money, so she began selling second-hand clothing out of her home and began saving up to buy packs of clothing. Now she buys her merchandise, packs of clothing, in Santiago.

She will use the money from this loan to buy 15 packs, specifically pants, undergarments, children’s and house clothes.
Her goals are to have a local establishment to be able to offer and sell her merchandise (clothing), and to also have a vehicle that will allow her to transport the clothing to different parts of the city, and be able to sell to those who do not have their own transportation.
María lives with her husband and three children, ages 20, 17, and 15, and also cares for one of her nephews who is eight years old. Her children help her to transport the clothing to the fair, set up the stall and iron the clothes from the packs.

Her motivations to continue and to succeed in her business are the help she gets from her family, especially her children.
María is very happy and grateful to Fondo Ezperanza and affirms that without their support she would not have been able to continue with her business. She also actively participates in the communal bank meetings, has been able to make ties off friendship with the group, and has been able to put her new knowledge to work in her business.

Coronel is a community located in southern Chile, near Concepción, in the Bíobío region. Its economy is based on forestry product extraction and agriculture. It also has an important coal mining tradition, but the “Chiflón Puchoco mine is no longer active and has been converted into a museum.
View original language description ↓
María forma parte del banco comunal “Visión al Futuro” perteneciente a la ciudad de Coronel. Ella se dedica a la venta de ropa de segunda mano, en la feria los días viernes, durante toda la jornada. Sus ventas varían según la mercadería que tenga para ofrecer.
María se dedica a éste rubro desde hace 8 años y comenzó con éste, debido a la enfermedad de su hija, quien padece de fibrosis quística al páncreas, por lo que su comienzo en el rubro del comercio fue bastante difícil y sacrificado, ya que debió comenzar de cero, para costear los medicamentos y controles médicos de su hija. En sus inicios vendía rifas, pero esto no lograba costear en su magnitud los gastos médicos que se le demandaban, por lo que comenzó a vender ropas en desuso de su propia casa y posteriormente empezó a juntar dinero para comprar fardos de ropa. En la actualidad su mercadería la compra en la ciudad de Santiago, específicamente fardos de ropa de segunda mano.
Con el préstamo comprará 15 fardos de ropa; específicamente pantalones, ropa interior, ropa de niños y ropa de casa.
Sus metas son tener un local establecido para ofrecer y vender su mercadería (ropa), además de contar con un vehículo que le permita trasladar su mercadería a los sectores rurales y periféricos de la ciudad, para vender su mercadería a las personas que no tienen la facilidad de trasladarse a la ciudad.
María vive junto a su esposo, sus tres hijos de 20, 17 y 15 años de edad y además tiene el cuidado personal de uno de sus sobrinos quien tiene 8 años de edad. Sus hijos son quienes le ayudan en su negocio, ya sea en el traslado de mercadería, instalar su puesto en la feria y planchar la ropa que proviene de los fardos comprados.
Sus motivaciones de continuar y superarse en su negocio es debido a la ayuda que le otorga a su familia, específicamente a sus hijos.
María está muy contenta y agradecida de Fondo Esperanza, ya que afirma que sin su apoyo no podría continuar con su negocio, debido al apoyo y crédito. Además participa activamente de las reuniones del banco comunal y ha podido generar lazos de amistad en el grupo. Respecto a los cursos que se imparten en las reuniones ha podido incorporar estos aprendizajes en su propio negocio.
Coronel es una comuna ubicada al sur de Chile, cerca de la ciudad de Concepción, región del Bíobío. Posee una economía basada en servicios, explotación forestal, agricultura. Cuenta también con una importante tradición minera en carbón, actividad que ya no se realiza, pero de la cual quedó la mina de carbón “Chiflón Puchoco”, convertida ahora en museo minero.

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
  • 467.5
    Chile Pesos (CLP) = $1 USD

Success!! The loan was 100% repaid

A loan of $775 helped María to buy packs of clothing for resale.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Apr 21, 2011
Listed
Apr 29, 2011
Currency Exchange Loss:
Possible
Ended:
Nov 15, 2011