Check out some available loans that are similar to this one!
Esmilda
Esmilda is a member of the Communal Bank “Caminando Juntos” (Walking Together) which is located in the city of Rancagua. She works in the restaurant field where she offers all types of drinks and foods. Her restaurant is always has many customers as a result of the good service she offers. She began working in this restaurant 35 years ago when she established it at her home with the help of a friend. Her work schedule is from Monday to Friday depending on her availability since she is in delicate health.

Esmilda buys her inventory from distributors and liquor sellers so that she can stock her restaurant. With this loan, she will buy beer, beverages, bottles of wine, cognac, crème de menthe, pastries, and food products. One of Esmilda’s goals for her business is to expand her home so that she can produce her delicious empanadas. Her customers will also be able to see how the empanadas are made.

Esmilda lives with her friend who serves as the right arm of her business. Her dreams on a personal level include returning to writing books once her financial problems are behind her. She wants to write tales, poems, and stories while still continuing to grow her restaurant so that she provide jobs to other people.

Esmilda is very pleased and appreciative of the opportunity provided by Fondo Esperanza so that she can invest in her business. In addition, she feels very comfortable to be in the company of other entrepreneurs in her Communal Bank group with whom she shares different activities and interests. Their meetings also provide her with a moment of distraction.

Rancagua is part of the Libertador Bernardo O’Higgins region. This modern city is one of the main producers and exporters of fruits and wine in Chile. It is also a mining city because it is the home of “El Teniente”, one of the largest underground mines in the world with 4500km of tunnels.
View original language description ↓
Esmilda forma parte del Banco Comunal “Caminando Juntos” perteneciente a la ciudad de Rancagua.
Ella se dedica al rubro de restaurante donde ofrece todo tipo de tragos y comidas, y siempre cuenta con mucha clientela por la buena atención que ofrece. Se desempeña desde hace 35 años en sus labores de restaurante trabajando desde su casa con la ayuda de una amiga, de lunes a viernes y su horario de trabajo lo distribuye de acuerdo a su disponibilidad ya que se encuentra delicada de salud.
Su mercadería la compra en distribuidoras y proveedores de licores para abastecer su restaurant.
Con el crédito comprará cervezas, bebidas, botellas de vino, coñac, menta, masas y productos alimenticios.
Una de las metas de Esmilda en su negocio es poder ampliar una habitación para la fabricación de sus ricas empanadas y que su clientela vea como es el proceso de elaboración de sus empanadas.
Esmilda vive junto a su amiga que es el brazo derecho en su negocio. Sus sueños a nivel personal es volver a escribir sus libros que los dejo por problemas de dinero, se dedica a escribir cuentos, poesías, narraciones, y a nivel laboral seguir creciendo en su restaurante para poder dar trabajo a otras personas.
Esmilda se encuentra muy contenta y agradecida de la oportunidad brindada por Fondo Esperanza ya que le permitirá invertir en su negocio. Además se siente muy cómoda con la compañía de las demás emprendedoras el grupo del Banco Comunal, ya que comparten diferentes actividades, intereses, lo cual también le ha servido como un momento de distracción.
Rancagua pertenece a la región del Libertador Bernardo O´Higgins. Es una moderna ciudad que regula el principal proceso productivo y exportador agrofrutícola y vitivinícola de Chile. Es también una ciudad minera, debido a que en su cordillera se encuentra la mina subterránea más grande del mundo “El Teniente”, con 4.500 km. de túneles

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
  • 496.1
    Chile Pesos (CLP) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,625 helped Esmilda to buy beer, beverages, bottles of wine, cognac, crème de menthe, pastries, and food products.
100% repaid
Repayment Term
7 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jun 7, 2012
Listed
Jul 17, 2012
Currency Exchange Loss:
Possible
Ended:
Dec 15, 2012