Fighting for a better future? We need your help.

Creating a more equitable world takes a lot of time and energy, but at Kiva we’re in it for the long haul. 100% of money lent on Kiva goes to funding loans. That means we rely on donations from people like you to make this work possible. For a limited time, if you donate $35 or more, a $25 bonus will be added to your account (you’ll get an email once it’s there).
Premal Shah, President & Co-Founder, Kiva
  • $25
  • $35
  • $50
  • Submit
  • Other

A loan of $1,000 helped to buy jars, a stove, jar covers, and a pot to make jams.

Malvina's story

Malvina belongs to the communal bank “El Milagro” in the city of Curicó. For the past four years, she has been selling jams. She says she sometimes sells clothing when fruit is not in season and she can't make her jams. She works from her house on a flexible schedule. With the help of her daughter, she purchases the merchandise from supermarkets and dealers in Santiago where she finds low prices that make her business economically feasible. She will use the loan to buy jars, a stove, jar covers, and a pot to make jams.

One of Malvina's goals is to grow her business and have a separate place to sell jams so that she can help with the household expenses and her daughters' education and her family can enjoy a higher standard of living. Malvina lives with her husband and 16-year-old daughter, who is a student. Her oldest daughter is a student in Santiago. Regarding her business, her dream is to keep working and paying for her children's education. On a personal level, she would like to find work that would generate more income for her family.

Malvina is happy and grateful for the opportunity offered by Fondo Esperanza since it will let her invest in her business. She is very comfortable with the other entrepreneurs who belong to her communal bank because they have different jobs and interests that provide a distraction.

Curicó is located in the Maule region in the center of the country. Curicó's Mediterranean-style climate is one of the nicest in the country. The city is known for its wine making and beautiful surroundings. Despite the fact that the labor force has increased, according to the latest census, the area continues to be one of the country's poorest.

Translated from Spanish by Kiva volunteer

Loan details

Lenders and lending teams

Loan details