Check out some available loans that are similar to this one!
María has an open kiosk where she sells candy and soft-drinks but also pet clothes for cats, dogs and rabbits. She sells party dresses, summer dresses, vests and winter jackets and much more. What she likes best about her business is chatting with customers. She’s had the business for 12 years now. At first, she only sold foodstuffs, beverages and snacks. With Fondo Esperanza’s support she was able to take out small loans and start selling pet clothes which has led to her earning higher income and to help her family.

María is a single mother of three adult children. One of them is 28-years-old with a mental disability and lives with her. Having her business selling pet clothes has helped her care for her son and to buy him his medicine.

María will use the loan to buy a cutter she uses in her business and to make a car payment for the used car she bought recently to transport her and her disabled son to work.

Later on, María would like her business to grow in order to just sell pet clothes and earn a higher income. What she likes best about working with Fondo Esperanza is the opportunity to meet people and learning how to manage her business.
View original language description ↓
María tiene un Kiosco abierto donde vende dulces y bebidas pero además la ropa de mascota, para los perros, gatos y conejos. Vende vestidos de fiesta, vestidos del verano, chalecos y chamaras para el invierno y muchos mas. Lo que le gusta mas de su negocio es platicar con sus clientes. Hace doce años que tiene el negocio. En el principio solo vendía los comestibles, bebidas y botanas. Con el apoyo de Fondo Esperanza, pudo sacar créditos chiquitos y puso a vender la ropa de mascota, lo cual le permite ganar mejor sueldo y apoyar a su familia. María es mama soltera con tres hijos mayores, uno que tiene 28 años y tiene discapacidad mental y vive con ella. Tener el negocio de ropa macota le ha ayudad cuidar a su hijo y comprarle sus medicinas. María ocupara su préstamo para comprar una cortadora para utilizar en el negocio y para pagar una cuota para el auto usado que compro recientemente para transportar a ella y a su hijo discapacidad al trabajo.
Mas adelante, Marie le gustaría crecer su negocio y vender solo la ropa de mascota para tener un sueldo mas fijo. Lo que mas le agrada de trabajar con Fondo Esperanza es la oportunidad de conocer gente, y aprender como manejar el 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

  • $19,100
    Average annual income
  • 0
    View loans »
    Chile Loans Fundraising
  • $2,637,700
    Funds lent in using Kiva
  • 473.2
    Chile Pesos (CLP) = $1 USD

Success!! The loan was 100% repaid

A loan of $650 helped Maria to buy a cutter and to make a car payment.
100% repaid
Repayment Term
5 months (Additional Information)
Repayment Schedule
Feb 11, 2013
Feb 28, 2013
Currency Exchange Loss:
Jun 17, 2013