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Josué
Josué is president of his group in the "Fondo Amigo" Communal Bank, which takes place in the neighborhood of Villa Alemana. He has been working in retail for the last ten years, specifically selling clothes at the market, tending to a stationery store and parcel-delivery service from a kiosk in his home, and preparing fast food.

Things have been going very well for him since the start, and his customers are loyal. His work schedule is from Tuesday through Sunday. With the earnings from his businesses, he has remodeled his kiosk's infrastructure so as to obtain a health permit; this means he can sell his fast food without any restrictions.

With the loan, he will buy an industrial oven, a grill for cooking steaks, and a fryer for his fast food business. His goals are for his business to prosper, and to invest in a vehicle for transporting his merchandise.

Josué lives with his mother; his hope is to provide a better quality of life for her.

He is very happy and appreciative about the opportunity that Fondo Esperanza has provided to him. He comments that his group is united and committed. From the trainings that take place at the group meetings, he has learned how to manage his business in a better way; he now keeps a register of his income and expenses.

Villa Alemana is a community located in the province of Marga Marga, in the Valparaíso region in the central part of Chile. It is known as the "city of the mills", because of the large number of country homes that need to get water by means of mills. It is also known as the "City of Eternal Youth", for its temperate and pleasant climate, which is reflected in the following saying: " because of its climate, the young people are not afraid to grow old. The old people in Villa Alemana live in eternal youth."
View original language description ↓
Josué presidente del grupo del Banco comunal “Fondo Amigo” perteneciente a la localidad de Villa Alemana. Se dedica al rubro del comercio desde hace 10 años, específicamente vendiendo ropa en la feria, atendiendo un bazar – paquetería en un kiosco que tiene ubicado en su casa y preparando comida rápida.
Desde sus inicios le ha ido muy bien y su clientela es fija. Su horario de trabajo es de martes a domingo. Con las ganancias de los negocios ha remodelado la infraestructura de su kiosco, para obtener el permiso de salubridad, de ésta manera vender sus preparaciones de comida rápida sin restricciones.
Con el crédito comprará un horno industrial, una plancha para preparar churrascos y una freidora, para su negocio de comida rápida.
Sus metas en su negocio son prosperar e invertir en un vehículo para trasladar su mercadería.
Josué vive junto a su madre, sus anhelos son brindarle una mejor calidad de vida a su madre.
El está muy contento y agradecido de la oportunidad que le ha brindado Fondo Esperanza, comenta que el grupo en el cual participa es unido y comprometido.
Con las capacitaciones realizadas en las reuniones del grupo ha aprendido a administrar de mejor manera su negocio, ya que ahora lleva un registro de sus ingresos y gastos.
Villa Alemana es una comuna ubicada en la provincia de Marga Marga, región de Valparaíso, zona central de Chile. Es conocida como la "ciudad de los molinos", por la gran cantidad de casas quinta que necesitaban sacar agua a través de molinos.
También se la conoce como la “Ciudad de la Eterna Juventud”, por su clima templado, muy benigno, que la caracteriza de la siguiente manera "por su clima, la juventud no teme a la vejez. La vejez en Villa Alemana vive en eterna juventud".

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
  • 500.7
    Chile Pesos (CLP) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,025 helped Josué to buy an industrial oven, a grill for cooking steaks, and a fryer for his fast-food business.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Aug 29, 2011
Listed
Sep 25, 2011
Currency Exchange Loss:
Possible
Ended:
Jan 15, 2012