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Elena
Elena is a member of the 'Forjadoras de sueños' community bank which is located in the city of Rancagua. She has been running a general store / notions store / candy store for four years. She says that she rents her premises and works from Monday to Saturday, from 9.00am to 8.00pm. She buys the merchandise that she needs for her business in different supermarkets and from suppliers and sellers who come to her premises offering dairy products and pork sausages for sale at low prices, which is financially convenient. Elena will use her loan to buy iced treats, drinks, chips, dairy products and pork sausages.

One of Elena's goals is to continue growing her business as she has up to now. She will stock her business as much as she can and meet the needs of her customers. This will enable her to provide her family with a better quality of life.

Elena lives together with her 20-year-old daughter who is studying. Her dreams for her family are to see her daughter finish her education and become a successful professional. This will see her duty towards her daughter completed. On a work level, she would like to own her own business premises where she can have a well-stocked business and more customers, and thus make more income.

Elena is very grateful and happy for the opportunity she has been given by Fondo Esperanza as it has allowed her to invest in her business. She also feels very comfortable with the other entrepreneurs who belong to her community bank as they share different activities and interests which has allowed her to enjoy her time with them. As regards the training sessions that they receive during their meetings, she has learned how to better run her business.

Rancagua is located in Libertador Bernardo O'Higgins region. It is a modern city which controls the main fruit and wine production and exportation process in Chile. It is also a mining city and its mountain range is home to the world's largest underground mine "El Teniente" which has 4,500 kilometers of tunnels.
View original language description ↓
Elena Forma parte del Banco Comunal “Forjadoras de sueños” perteneciente a la ciudad de Rancagua.
Ella se dedica al rubro de bazar, paquetería y confitería, desde hace 4 años. Comenta que arrienda un local y trabaja de lunes a sábado desde las 9ºº hasta las 20ºº horas.
La mercadería que va necesitando para su negocio la compra en diferentes supermercados, distribuidoras, a vendedores que llegan a su negocio ofreciendo productos lácteos y cecinas a bajo costo, por lo tanto conveniente económicamente.
Con el crédito comprará helados, bebidas, papas fritas, lácteos y cecinas.
Una de las metas de de Elena es seguir creciendo como hasta ahora, surtir su negocio lo que más pueda y satisfacer las necesidades de su clientela, así con esto optar a una mejor calidad de vida junto a su familia.
Elena vive junto a su hija de veinte años de edad, quien se encuentra estudiando. Sus sueños a nivel familiar es ver que su hija termine sus estudios y sea una gran profesional y así ver su tarea cumplida con su hija, y a nivel laboral tener un local propio donde pueda tener bien abastecido su negocio y tener más clientela y generar mayores ingresos.
Ella está muy agradecida y contenta de la oportunidad que le ha brindado Fondo Esperanza, ya que le ha permitió 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 e intereses, lo cual 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

  • $14,900
    Average annual income
  • 0
    View loans »
    Chile Loans Fundraising
  • $2,587,775
    Funds lent in using Kiva
  • 474.1
    Chile Pesos (CLP) = $1 USD

Success!! The loan was 100% repaid

A loan of $650 helped Elena to buy iced treats, drinks, chips, dairy products and pork sausages.
100% repaid
Repayment Term
5 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Sep 12, 2012
Listed
Oct 13, 2012
Currency Exchange Loss:
Possible
Ended:
Jan 15, 2013