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Margarita
Margarita belongs to the Emprendedores del Futuro communal bank, which is in the city of San Fernando.

She has been selling fruit and vegetables in an itinerant manner for 12 years. She works as a salesperson from Mondays through Sundays from 9:00 a.m. until 7:00 p.m. She buys her merchandise in Valledor (a city in Santiago). She buys there because it is a distribution center for fruits and vegetables where prices are below cost, and, therefore, financially good.

She will use the loan to buy a filly (a mare less than four years old), and fresh fruit and vegetables to stock her business.

One of Margarita’s goals is to add more products to sell like meat, milk, jelly, and cooking oil. She wants to have a great stock of food in order to win over more customers.

Margarita lives with her three children, ages 21, 13, and 1. Her dream is to get another truck in order to generate more sales and income. This way she would have a better quality of life.

She is very grateful and happy about the opportunity given to her by Fondo Esperanza. It has allowed her to invest in her business. Also, she says that she feels very comfortable with the meetings and her communal bank because they are generous and united.

San Fernando is a city which is located in Libertador General Bernardo O'Higgins region, in the central area of Chile. The city's economic activity is based mainly on agriculture (vineyards; beet, fruit, tobacco and wheat growing; and traditional agriculture), agroindustry (fruit exporting companies, canning companies, dairy companies, etc.) and trade.
View original language description ↓
Margarita forma parte del Banco Comunal “Emprendedores del Futuro” perteneciente a la ciudad de San Fernando.
Margarita se dedica al rubro de vendedor ambulante de frutas y verduras, desde hace 12 años, se desempeña en sus labores de vendedora de lunes a domingo desde las 9ºº hasta las 19ºº horas.
Su mercadería la compra en lo Valledor (cuidad ubicada en Santiago) ya que es un centro de distribución de frutas y verduras donde sus precios son a bajo costo, por lo tanto conveniente económicamente.
Con el crédito comprará una potranca (yegua de menos de cuatro años de edad) y frutas, verduras frescas para abastecer su negocio.
Una de las metas de Margarita son agregar más productos para la venta como carne, leche, jaleas, aceites gran surtido de comestibles para captar más clientela.
Margarita vive junto a sus 3 hijos de 21, 13 y 1 año de edad. Su sueño es adquirir otra camioneta para generar más ventas y ganancias, así con esto optar a una mejor calidad de vida.
Ella está muy agradecida y contenta de la oportunidad que le ha brindado Fondo Esperanza, ya que le ha permitido invertir en su negocio. Además comenta que se siente muy cómoda con las reuniones y grupo del Banco Comunal, ya que existe generosidad y unidad.
San Fernando es una ciudad ubicada en la región del Libertador General Bernardo O´Higgins , zona centro de Chile. La actividad económica de la ciudad se basa principalmente en la agricultura (viñedos, cultivo de remolacha, frutales, tabaco, trigo y cultivo tradicional), la agroindustria (empresas exportadoras de frutas, conserveras, de lácteos, etc.) y el comercio.

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
  • 499.3
    Chile Pesos (CLP) = $1 USD

Success!! The loan was 100% repaid

A loan of $575 helped Margarita to buy a filly (a mare less than four years old), and fresh fruit and vegetables to stock her business.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
May 24, 2012
Listed
Jun 13, 2012
Currency Exchange Loss:
Possible
Ended:
Oct 15, 2012