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Ruth
Ruth is part of the “Ilusión 2011” communal bank belonging to the city of Viña del Mar. She has been selling new clothes for adults and children for two years. She buys her merchandise every two months in the city of Santiago’s Meiggs neighborhood. She comments that she started the business when she retired from her salaried job; at that time she noted that she had to continue earning income. Her sales are home-based. Customers place orders and she then goes out and buys the merchandise.

She has a large number of customers who like her way of doing business. She will use the loan to buy seasonal clothes, specifically jeans and t-shirts. Her business goal is to earn good profits to buy a vehicle that will make it possible for her to transport her merchandise.

Ruth lives with her mother and her sister. One of her dreams is to have a house of her own and to do so she’s already signed up for a housing subsidy and is waiting for the approval to start building. Her motivation to stay in business is that she must be able to pay the costs of the house as well as support herself.

Ruth comments that she’s had to care for her mother who is bedridden and needs special care for the last three years. Her business affords her the flexibility in schedule that she needs to be able to care for her.

She is very happy and grateful for the help Fondo Esperanza has given her because she was able to invest in the business which has led to improved income and thus a better quality of life.

With respect to the training, she’s learned how to better manage her income which has allowed her to organize her business’ bookkeeping so she mentions that the institution has been an integral help.

Viña del Mar is a city and commune located on Chile’s central coast. It’s knows as the Garden City because of the gardens and patios some of the city’s older homes have. It is also considered to be Chile’s tourism capital.
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Ruth forma parte del Banco comunal “Ilusión 2011” perteneciente a la ciudad de Viña del Mar. Ella se dedica a vender ropa nueva para niños y adultos, desde hace dos años. Su mercadería la compra cada dos meses en el barrio Meiggs ubicado en la ciudad de Santiago.
Comenta que comenzó con el negocio cuando se jubiló de su trabajo dependiente, en ese momento se percató que debía seguir manteniendo sus ingresos.
La modalidad de sus ventas las realiza desde su hogar, los clientes solicitan productos y ella se encarga de comprar la mercadería. Además cuenta con un gran número de clientes, quienes prefieren su modalidad de trabajo.
Con el crédito comprará ropa de temporada, específicamente jeans y poleras.
Las metas en su negocio son tener buenas utilidades para comprarse un vehículo, que le permita trasladar su mercadería.
Ruth vive junto a su madre y su hermana. Uno de sus sueños son obtener su casa propia, para esto ya postuló al subsidio habitacional, por lo que ahora se encuentra a la espera del llamado para que comiencen a construir.
Las motivaciones de continuar con el negocio se deben a que debe costear los gastos de la casa y para solventarse ella también.
Ruth comenta que desde hace tres años debe cuidar a su madre quien debe recibir cuidados especiales, ya que se encuentra postrada, por lo que su negocio le permite cierta flexibilidad de horarios para atenderla.
Ella está muy contenta y agradecida de la ayuda entregada por Fondo esperanza, ya que ha podido invertir en su negocio, lo que le ha permitido tener mejores ingresos y por ende una mejor calidad de vida.
Respecto a las capacitaciones ella ha aprendido a administrar de mejor manera sus ingresos, lo que le ha permitido organizar la contabilidad de su negocio. Por lo que comenta, la institución ha sido una ayuda integral.
Viña del Mar es una ciudad y comuna ubicada en el litoral central de Chile, conocida como la Ciudad Jardín debido a los jardines y patios que poseen algunas viviendas antiguas de la ciudad. También es considerada la capital turística de Chile.

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
  • $2,552,775
    Funds lent in using Kiva
  • 514.6
    Chile Pesos (CLP) = $1 USD