Funded

Total loan: $1,150
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Rosa


A loan of $1,150 helped to buy a generator, a tent and merchandise for her business.


Rosa's story

Rosa started the Communal Bank, “Futuros Emprendedores” belonging to the municipality of Peñalolén.

She is the head of commerce, specifically selling artesian goods at a post located in various free markets. She has worked in this business for 7 years.

In her local crafts and bazaar, she offers rings, jewelry bathed in gold and silver, in addition to belts, rings, necklaces and hindu clothes, for men, ladies and children.

Rosa works Tuesday-Sunday, since Mondays she buys her merchandise. She says that during the year she maintains sales, and she is doing very well. Nevertheless, during the Holiday Season her sales increase considerably and she utilizes her earnings to continue investing in her business.

With the loan she will buy a generator, a tent and merchandise for her business. One of her goals is to buy a van to transport her merchandise, since now she uses a three-wheel bike.

Rosa lives with her two children and her granddaughter of 6 years. One of her dreams is for her children to finish their undergraduate degrees, so that they can become professionals that will enable them to have economic stability. The motivations of continuing with this business are due to the fact that it allows her to economically maintain her home.

She is grateful for the loan she has obtained through Fondo Esperanza, since without it she would not have been able to invest in her business.

The training has served as a guide to increase her profits. On the other hand, she says that the group is very responsible and united. . Peñalolén is located in a Metropolitan region. It has various attractive traits such as vineyards, historical buildings and natural excursion sites, elements that are transforming this municipality into a new tourism scene within the Metropolitan region.

Translator profile picture

Translated from Spanish by Kiva volunteer Dina Bach



Loan details

Loan length:

8 months
Disbursed date: November 29, 2011
Facilitated by Field Partner: Fondo Esperanza

Lenders and lending teams



Loan details

Loan length:

8 months
Disbursed date: November 29, 2011
Facilitated by Field Partner: Fondo Esperanza