Funded

Total loan: $6,600
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Emprendiendo Paso A Paso Group

Chile
Chillán, Chile / Retail

A loan of $6,600 helped a member to buy pet food for cats, dogs, chickens, rabbits and hens.


Emprendiendo Paso A Paso Group's story

This community bank is called “Emprendiendo paso a paso”. It has 21 members who work in different businesses including: running a grocery store, shoe making, knitting, selling desserts, running a mini-mart, making handicrafts, selling vegetables, selling perfumes and providing services. All of the group's members live in the city of Chillán.

Alejandra is a member of this group. In the photo, she is standing second from the left, in the second row. She is wearing a dark green fleece and she has dark brown hair which is not tied back.

Alejandra has been selling pet food for four months. She says that she rents a house with premises which she fixed up so that she could start a business selling pet food. She works from Monday to Saturday, whenever she is available. She buys the merchandise and supplies that she needs from different suppliers in her area who offer her good merchandise at low prices which works out well for her.

Alejandra will use her loan to buy pet food for cats, dogs, chickens, rabbits and hens. One of her goals is to expand her business and start selling other products such as household furniture as her premises are large and she wants to use all of the space available to her. She would also like to be able to make more income and provide her family with a better quality of life and financial security.

Alejandra lives together with her two young daughters who are 7 and 4 years old. Her dreams for her family are to provide her daughters with the best, ensuring they receive a good education in the future. On a business level, she would like to gain more strength so that she can continue developing on a daily basis and become a successful micro-businesswoman.

Alejandra is very happy and grateful for the opportunity provided by Fondo Esperanza as it will allow her to invest in her business. She says that the training sessions she has attended have been incredibly important for her business and also in terms of her own personal development as she has learned how to better organize and distribute her income and investments. As far as her community bank is concerned, she says that the group enjoys very good communication among its members.

Chillán is a town in the central south region of Chile. The name means 'chair of the sun' in Mapudungun, the language of the indigenous Mapuche people. Chillán is known as the 'birthplace of the nation' or 'land of artists' as it is the birthplace of some famous figures from Chilean history such as, for example, the well-known pianist Claudio Arrau.

In this group: Alejandra, Viviana, Jacqueline, Norma, Maria, Carla, Pedro, Jose , Ana Rebeca, Maria, Maria Teresa, Patricia, Jimena, Alex, Marcela, Sintia, Karina, Elisa, Miriam, Gilda, Eduardo
*not pictured

Translated from Spanish by Kiva volunteer Linda Oxnard



Loan details

Loan length:

6 months
Disbursed date: November 26, 2012
Facilitated by Field Partner: Fondo Esperanza

Lenders and lending teams



Loan details

Loan length:

6 months
Disbursed date: November 26, 2012
Facilitated by Field Partner: Fondo Esperanza