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Cristina
Cristina lives in Curicó, Chile. She has a business making melon and fig jams, preserves, cakes, tamales, and corn cakes. She's had this business for 7 years, and she sells her products in companies. She will use this loan to buy jars, fruit, and other supplies. In the future, she would like to be able to continue to grow her business, generating sufficient profits to buy the supplies she needs to make her products. Cristina has a 9 year-old daughter who attends school. Cristina likes working with Fondo Esperanza because of the way that they work, and the way that they guide her in how to carry out her business.
View original language description ↓
Cristina vive en Curicó, Chile y hace mermeladas de melón y higo principalmente, conservas, queques, humitas y pastel de choclo. Hace 7 años que se dedica a esto y vende sus productos en empresas. Se va a ocupar el préstamo para comprar frascos, frutas y otros insumos. En el futuro quisiera poder seguir creciendo con su negocio y generar bastantes ganancias para comprar los insumos que necesita para hacer sus productos. Ella tiene una hija de 9 años que está en el colegio. Le gusta trabajar con fondo esperanza por la forma que tienen de trabajar y de la manera de cómo orientan para llevar a cabo su negocio.

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
  • $2,552,775
    Funds lent in using Kiva
  • 472.6
    Chile Pesos (CLP) = $1 USD

Success!! The loan was 100% repaid

A loan of $775 helped Cristina to buy jars, fruit and other supplies.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jan 25, 2013
Listed
Feb 22, 2013
Currency Exchange Loss:
Possible
Ended:
Aug 17, 2013