A loan of $1,375 helped to buy merchandise such as rice, sugar, oil, juice, drinks, milk, sausages, and bleach to stock her shop.


Paulina's story

Paulina is part of the communal bank "Luz y Esperanza" in the community of la Florida, located in the city of Santiago. She has worked in the sale of grocery items for the past year. She works Monday through Sunday from 9:30am until 11pm, and her store is located in her home so sometimes her husband and son help her. She buys the merchandise and ingredients that she needs in supermarkets and from distributors, as these are places where she can find her merchandise at low cost and therefore it is economically convenient. With this loan she will buy merchandise such as rice, sugar, oil, juice, drinks, milk, sausages and bleach in order to stock her shop. One of Paulina's goals is to put a butcher shop with her store, so she can generate more income, and in this way provide a better quality of life for her family. Paulina lives with her husband and their two children who are 14 and 9 years old and are studying. She dreams of moving her business to the Puente Alto neighborhood (in Santiago) and hopes to find an apartment there with sufficient space for her store and butcher shop so her family will have more space in their current house to live. She is very happy and grateful for the opportunity that Fondo Esperanza has provided for her to invest in her business. Additionally, she feels very comfortable with the group in which she participates, as there is great unity, respect and confidence within the group. La Florida is a community located in the southeast of Santiago, the capital and metropolitan region of Chile. It's current population is very diverse, representing all socioeconomic classes (high, medium-high, medium and medium-low). The area has a very active commercial life, which manifests itself in the presence of various new commercial centers. It is an area that has had explosive demographic growth in the past few years.

Translated from Spanish by Kiva volunteer Kaitlyn Godfrey



Loan details


Lenders and lending teams



Loan details