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Jessica is part of the "Pocuro" communal bank in the city of Coronel. She has a store where she sells groceries, stationery items, telephone service, and fruit. Jessica has been working in this business for a year. Her work schedule is from Monday to Sunday and the store is located in her house.

She generally buys her merchandise from distributors, wholesale supermarkets and the product providers. She will use this loan to buy merchandise to stock her store.

Her goals are to open a place to sell fruits and vegetables, as well as to fully stock her current business with different products. On a personal level, her dream is that her children will enjoy a good quality of life.

Jessica lives together with her husband and their two children, ages 8 and 26 years old.

She is very grateful for the loan offered through Fondo Esperanza, since with this she will be able to invest in her business and generate better income. She also participates in the sales workshops that take place at their meetings, where she has learned things she has applied to her business. Regarding the meetings with the rest of the group members, Jessica feels very pleased because they are enjoyable and have created better communication and solidarity between the members of the communal bank.

Coronel is a community located near the city of Concepción in southern Chile, in Bíobío region. It has an economy based in services, forestry, and agriculture. It also has an important history of carbon mining, though that activity no longer happens there. However, the "Chiflón Puchoco" carbon mine remains and has now been converted into a mining museum.
View original language description ↓
Jessica forma parte del banco comunal “Pocuro” perteneciente a la ciudad de Coronel.
Ella tiene un almacén en el cual vende provisiones, artículos de librería, servicio de teléfonos y venta de frutas. Jessica se dedica a éste rubro desde hace un año, además su horario laboral es de lunes a domingo y su almacén está ubicado en su misma casa.
Su mercadería la compra generalmente en distribuidoras, supermercados mayoristas y a los proveedores de productos.
Con éste préstamo comprará mercadería para abastecer su almacén.
Sus metas son abrir un local para vender frutas y verduras, además de abastecer completamente su actual negocio con diferentes productos. Respecto a sus sueños a nivel personal, son que sus hijos disfruten de un buen estado de salud.
Jessica vive junto a su esposo y sus dos hijos de 8 y 26 años de edad.
Ella está muy agradecida del crédito otorgado por Fondo Esperanza, ya que con éste podrá invertir en su negocio y generar mayores ganancias. Además participa de los talleres de ventas que se realizan en las reuniones, conocimientos que ha podido aplicar en su negocio. Respecto a las reuniones con los demás socios, Jessica se siente muy a gusto, ya que éstas son muy gratas y se ha generado una mayor comunicación y solidaridad entre los integrantes del banco comunal.
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
  • 461.2
    Chile Pesos (CLP) = $1 USD

Success!! The loan was 100% repaid

A loan of $900 helped Jessica to stock her store with merchandise.
100% repaid
Repayment Term
7 months (Additional Information)
Repayment Schedule
Apr 15, 2011
Apr 29, 2011
Currency Exchange Loss:
Oct 15, 2011