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Karina is a member of the Communal Bank “Forjadora de Sueños” (Forger of Dreams) which is located in the city of Rancagua. She has been making pastries for two years. Karina says that she works out of rented storefront and her distribution schedule is based according to her availability. She works Monday through Saturday producing cakes, pastries, and bread. Sometimes she offers other products to sell such as beverages, frozen treats, and candy. Her business is located near a school, so she takes advantage of this in order to sell all of her products.

Her supplies are purchased in the city of Santiago from various distributors, importers, and shops that carry products for baking at low cost, thus making it financially convenient for her. With this loan Karina will buy vanilla, chocolates, and bags to restock her business. She will also buy an overhead canopy. One of Karina’s goals is to rent a much larger location and stock it with more products and merchandise to generate more income. As a result, she will be able to achieve a better quality of life.

Karina lives with her husband and three children (ages 11, 7, and 1). Her dreams for her business include having a larger shop and stocking with other products. In terms of her family, she hopes to see her children do well in their studies so that they can make their way in life. She is very pleased and appreciative of the opportunity that Fondo Esperanza has given her to invest in her business. In addition, she feels very comfortable working with the other entrepreneurs in her Communal Bank with whom she shares various activities and interests. The meetings also provide her with a moment of distraction. With regard to the training classes conducted during their meetings, Karina has learned how to do a better job of managing her business.

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 4500 kilometers of tunnels.

View original language description ↓
Karina forma parte del Banco Comunal “Forjadoras de Sueños” perteneciente a la ciudad de Rancagua.
Ella se dedica al rubro de repostería, desde hace 2 años. Comenta que trabaja arrendando un local y su horario lo distribuye de acuerdo a su disponibilidad, desempeñándose de lunes a sábado, realiza tortas, pasteles, pan, y a la vez ofrece otros productos para vender como bebidas, helados, dulces, ya que se encuentra cerca de un colegio y aprovecha de vender todos sus productos.
Su mercadería la compra en la ciudad de Santiago en diferentes distribuidoras e importadoras y locales donde encuentra mercadería para realizar su repostería a bajo costo, por lo tanto conveniente económicamente.
Con el crédito comprará vajilla, chocolates, bolsas y un toldo, para abastecer su negocio.
Una de las metas de Karina es arrendar otro local mas grande, y abastecerlo de mas articulos y mercadería para generar mayores ingresos, así con esto optar a una mejor calidad de vida.
Karina vive junto a su esposo y sus tres hijos de 11, 7 y 1 año de edad. Sus sueños a nivel laboral es tener un local más grande y abastecerlo de otros articulos, y a nivel familiar ver que sus hijos tengan buenos estudios y que tengan un buen pasar.
Ella está muy contenta y agradecida de la oportunidad que le ha brindado Fondo Esperanza, ya que le ha permitido invertir en su negocio. Además se siente muy cómoda con la compañía de las demás emprendedoras del grupo del Banco Comunal, ya que comparten diferentes actividades, intereses, lo cual también le ha servido como un momento de distracción. Respecto a las capacitaciones impartidas en las reuniones, ha aprendido administrar su negocio de mejor manera.
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

  • $19,100
    Average annual income
  • 0
    View loans »
    Chile Loans Fundraising
  • $2,637,700
    Funds lent in using Kiva
  • 474.1
    Chile Pesos (CLP) = $1 USD

Success!! The loan was 100% repaid

A loan of $775 helped Karina to buy vanilla, chocolates, bags, and an overhead canopy for her business.
100% repaid
Repayment Term
5 months (Additional Information)
Repayment Schedule
Sep 12, 2012
Oct 13, 2012
Currency Exchange Loss:
Jan 15, 2013