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Héctor
Héctor is a member of the Communal Bank "La Santiago", and is the Bank's president. The bank is located in the community of Estación Central, in the city of Santiago.

He works in business, specifically selling stationery and packaging items at a stall located in a bazaar (open market). He has been working in this business for the last 20 years. His schedule is to work during Thursdays, Saturdays, Sundays, and holidays. He usually buys his merchandise from importers in the center of the city of Santiago.

With the loan, he will buy sunglasses, reading glasses, thin clothing, gift cigarette lighters, and other things. His goals for his business are to stock up his business with merchandise to as to offer variety to his customers. In this way he will have more work, and and thus be able to earn better income.

Héctor lives with his wife and 17-year-old daughter. The plans are for her to study for a degree in literature, so one of Hector's dreams is to achieve this project so that his daughter can become a professional. In addition to earning more from his business, he intends to finish paying off his auto loan, which he took out a short while back. One of his dreams is to provide his family with a better quality of life, and a more comfortable life.

His motivation for continuing with his business is specifically due to the fact that he wants to achieve all his projects, and additionally he very much enjoys what he does.

Héctor is very happy and grateful for the loan and for the service provided by Fondo Esperanza. He also comments that through the meetings he has got to know many special people, and the trainings that take place at the meetings have allowed him to manage his business' money.

Estación Central is a community located in the center of Santiago (capital of Chile). It owes its names to the Central Railway Station, which dates back to 1887 and was declared a National Monument in 1983. In its early days, this station, together with the Mapocho station, was the entrance to the capital for the Valparaíso - Santiago route, and also for routes from the southern part of the country.
View original language description ↓
Hector integrante y presidente del Banco comunal “La Santiago”, perteneciente a la comuna de Estación Central, ciudad de Santiago.
Se dedica al rubro del comercio, específicamente venta de artículos de bazar y paquetería en un puesto que ubica en un persa (feria libre). Se dedica a éste rubro desde hace 20 años. Su horario de trabajo es durante los días jueves, sábados, domingos y festivos.
Su mercadería usualmente la compra en importadoras en el centro de la ciudad de Santiago.
Con el crédito comprará lentes de sol, anteojos para leer, ropa delgada, encendedores para regalo, entre otros.
Las metas para su negocio son abastecer su negocio con mercadería, para ofrecer variedad a sus clientes, de ésta manera trabajar más y así obtener mayores ingresos.
Hector vive junto a su esposa y su hija de 17 años de edad, los planes para ella son estudiar licenciatura en literatura, por lo tanto uno de los sueños de Hector es concretar éste proyecto para que su hija logre ser una profesional. Además al obtener mejores ingresos en su negocio, pretende terminar de pagar el crédito automotriz que solicitó hace poco tiempo atrás. Otro de sus sueños es brindarle a su familia una mejor calidad de vida y más confortable.
Sus motivaciones de continuar con el negocio se deben específicamente por que quiere concretar todos sus proyectos y además que disfruta mucho lo que realiza.
Hector está muy contento y agradecido del crédito y servicio brindado por Fondo Esperanza. Además comenta que con las reuniones ha aprendido a conocer personas muy especiales y las capacitaciones impartidas en las reuniones le han permitido administrar el dinero de su negocio.
Estación Central es una comuna emplazada en el área céntrica de Santiago (capital de Chile), que debe su nombre a la Estación Central de Ferrocarriles, que data del año 1887, declarada Monumento Nacional en 1983. En sus inicios esta estación, junto con la estación Mapocho, fueron la entrada a la capital en el tramo Valparaíso - Santiago y también desde la zona sur del país.

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
  • 469.4
    Chile Pesos (CLP) = $1 USD

Success!! The loan was 100% repaid

A loan of $975 helped Héctor to buy sunglasses, reading glasses, thin clothing, gift cigarette lighters, and other items.
100% repaid
Repayment Term
5 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Aug 5, 2011
Listed
Aug 26, 2011
Currency Exchange Loss:
Possible
Ended:
Dec 15, 2011