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Margarita
Margarita is a member and serves as treasurer of the communal bank “Fondo Amigo” in the town of Villa Alemana. She has been working in the commerce sector for 9 years, working and making sales in her home based business. She offers vegetables and groceries and handicraft items of wooden decoupage which she creates.

Her schedule is from 8:00AM until 9:00PM in the evening, every day of the week. Her husband helps her take care of the business. She says that she has done very well, she has regular clients, and there is no nearby competition. She buys her merchandise in supermarkets and from wholesale distributors.

With this loan she will buy some merchandise and have a refrigerator fixed that is not working. Her goal is to expand her business and stock her store with merchandise so that she can earn more income and continue investing and in this way to buy a cooler and an ice cream machine.

Margarita lives together with her husband and three children of 29, 23, and 20 years of age, and with a grandson who is 5 years old. Her dream is to prosper in her business, in order to provide her family with a better quality of life. She is very happy and grateful for the opportunity offered by Fondo Esperanza. She feels very comfortable with the communal bank group. It is a solid group, and she has met new people and has found it a welcome change to her daily activity. She has learned from the meetings at the communal bank how to manage her business better.

Villa Alemana is a township located in the province of Marga Marga, a region of Valparaiso, in the central part of Chile. It is known as the City of Mills because there are so many large country homes with watermills. It is also known as the City of Eternal Youth for its temperate climate, which is mild and there is a saying that "through its climate, the youth have no fear of old age. Eternal old age lives in Villa Alemana youth."

The name Villa Alemana came about because German immigrants were the first to buy land sites and start building in this area.
View original language description ↓
Margarita integrante y tesorera del grupo del Banco comunal “Fondo Amigo” perteneciente a la localidad de Villa Alemana.
Se dedica al rubro del comercio desde hace 9 años, ha dedicado su tiempo a atender y vender mercadería en un negocio que tiene ubicado en su misma casa. Ahí ofrece verduras, abarrotes y un poco de artesanía en madera (decoupage) que ella misma realiza.
Su horario de trabajo es a partir de las 8ºº de la mañana hasta las 9ºº de la noche, todos los días de la semana, su marido es quien la ayuda en la atención del negocio. Comenta que le ha ido muy bien, tiene clientela fija, ya que no existe competencia por los alrededores.
Su mercadería la compra en supermercados mayoristas y distribuidoras.
Con el crédito comprará mercadería y mandará a reparar una maquina refrigeradora que se encuentra en mal estado.
Sus metas en su negocio son ampliar su negocio y abastecerlo de mercadería, para que éste le brinde mayores ganancias y seguir invirtiendo, de ésta manera comprar un cooler y una máquina de helados.
Margarita vive junto a su marido y tres hijos de 29, 23 y 20 años de edad, además de un nieto de 5 años de edad.
Sus sueños son prosperar en su negocio, para brindarle a su familia una mejor calidad de vida.
Ella está muy contenta y agradecida de la oportunidad brindada por Fondo Esperanza, además se siente muy cómoda con el grupo del Banco comunal, ya que se ha afiatado, ha conocido más gente y le ha permitido también distraerse de sus labores cotidianas. Respecto a las capacitaciones realizadas en las reuniones del grupo del Banco comunal, ha podido aprender a administrar su negocio de mejor manera.
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".
El nombre “Villa Alemana” se debe a que fueron inmigrantes alemanes los primeros en comprar sitios e instalarse en este territorio.

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
  • 500.7
    Chile Pesos (CLP) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,025 helped Margarita to buy merchandise and to have a refrigerator repaired.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Aug 29, 2011
Listed
Sep 26, 2011
Currency Exchange Loss:
Possible
Ended:
Jan 15, 2012