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Alex Enrique
Alex has a furniture business. He really likes this business and one day he hopes to work 100% in it, have a space to set up his shop and employ other people with stores and supply to other stores.
Alex is going to use his loan to invest in capital, such as carpentry machinery and materials to assemble the furniture. Alex is 34 and has a nine-year-old son. He has enjoyed working with Fundo Esperanza because of the way they entrust each of the borrowers, in addition to the sale and entrepreneurship courses they provide.
View original language description ↓
Alex tiene negocio de la mueblería. Le gusta mucho este negocio y algún dia desea dedicarse en un 100% a la mueblaría, tener un local para hacer su fábrica y quisiera dar trabajo a otras personas con más tiendas y abastecer otras tiendas.
Alex va a usar su préstamo para invertir en capital, como maquinaria para carpintería y materiales para armar los muebles. Alex tiene 34 años y un hijo de 9 años. Le ha gustado trabajar con Fundo Esperanza por la confianza que da en cada uno de los prestatarios, además de los cursos de venta y emprendimiento.

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
  • 470.9
    Chile Pesos (CLP) = $1 USD

Success!! The loan was 100% repaid

A loan of $925 helped Alex Enrique to buy carpentry machinery and materials to assemble the furniture.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Jan 25, 2013
Feb 15, 2013
Currency Exchange Loss:
Sep 19, 2013