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Maui Dantu Group
In this Group: Gricelda, Rosa, Ingrid, Christian, Bernardita, Marcela, Doralisa, Elizabeth, Katherine, Patricia, Rossana, Viviana, Sara, Veronica, Marisol, Myriam, Olga, Dario
This communal bank is called “Maui Dantu”. It is comprised of 18 entrepreneurs who carry out various lines of work among which are found: stall holders, selling eggs, selling clothes by catalog, selling used clothes, bracelets, slot machines, hair clips, and services, among others. All of them are from the Independencia community in the city of Santiago.

Griselda is the president of the communal bank. In the photo she is standing in the last row, and she is the third person from right to left. She is wearing a black jacket, and her dark brown hair is pulled back. She has been selling fast food for six year. She has recently added the sale of women’s clothes like vests.

She says that she works at her house Tuesday through Sunday from 11:00 a.m. until 1:00 a.m. She specializes in hot dogs, barbecue, and French fries. She has plenty of customers.

Her goal for the loan is to have a bigger place in order to receive more customers. This way she will generate more income and give her family a better quality of life.

Griselda lives with her husband and her two children, ages 15 and 11. Her dream for her work is to grow as a business. With this income she can help her 15 year old by purchasing her medications. The state of her health is very complex.

She is very grateful and happy about the opportunity granted to her from Fond Esperanza. It has allowed her to invest in her business. Also, she is very comfortable in the company of the other entrepreneurs in her communal bank. They share different activities and interests, which have served to pass the time pleasantly.

Independencia is one of 34 communities that make up Santiago, the Chilean capital. It is located in the north-central section. In the 19th century, Independencia emerged as one of the more traditional sectors of the city. The main thoroughfare is Independencia Avenue, which served as the old Incan Road and the gateway to the north from the city of Santiago. Given the growing indigenous population, Independencia is known as the "Indigenous Cultural Center of Chile". It also has important historical sites, including six Chilean historical monuments.
View original language description ↓
Este Banco Comunal se llama “Maui Dantu” está conformado por 18 emprendedores quienes se dedican a diferentes rubros, entre los cuales se encuentran; feriantes, venta de huevos, venta de ropa por catalogo, venta de ropa usada, semaneros, maquinas de entretención, ventas de pinches, servicios entre otros. Todos pertenecientes a la comuna de Independencia, ubicada en la ciudad de Santiago.
Griselda, presidenta del grupo del Banco Comunal, quien en la foto se encuentra de pie, en la última fila, ocupando el tercer lugar de derecha a izquierda, viste una chaqueta de color negro, y su pelo lo usa tomado y es de color castaño oscuro.
Ella se dedica al rubro de comida rápida, desde hace 6 años, y ahora ultimo agregó venta de ropa de mujer, como chalecos. Comenta que trabaja en su casa de martes a domingo y su horario es de las 11ºº hasta la 01ºº horas de la madrugada. Su comida se especializa en venta de completos, churrascos, papas fritas y tiene bastante clientela.
Su mercadería la compra en la vega que es un abastecimiento de productos y verduras a bajo costo, por lo tanto conveniente económicamente.
Con el crédito Sus metas son tener la posibilidad de hacer un local, más amplio para recibir a su clientela, así con esto generar mayores ingresos y brindarle a su familia una mejor calidad de vida.
Griselda vive junto a su esposo y 2 hijas de 15 y 11 años de edad. Sus sueños a nivel laboral son crecer en su negocio, ya que con estos ingresos puede ayudar a su hija de 15 años de edad para comprar sus medicamentos, ya que su estado de salud está bastante complicado.
Ella está muy agradecida y contenta de la oportunidad que le ha brindado Fondo Esperanza, ya que le ha permitido invertir en su negocio.
Además se siente muy cómoda con la compañía de las demás emprendedoras del grupo del Banco Comunal, ya que comparten diferentes actividades, intereses, lo cual le ha servido como un momento de distracción.
Independencia es una de las 34 comunas que componen la ciudad de Santiago (capital de Chile), ubicada en el sector centro-norte. Surgió a fines del siglo XIX como un sector tradicional de la ciudad. Su eje principal es la Av. Independencia, por la cual pasaba el antiguo Camino del Inca, puerta de entrada por el norte, a la ciudad de Santiago. Dada su amplia población indígena, en Independencia se encuentra el Centro Cultural Indígena de Chile. Cuenta también con importantes construcciones históricas, entre ellas 6 monumentos históricos de Chile.



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.

This is a Group Loan

In a group loan, each member of the group receives an individual loan but is part of a larger group of individuals. The group is there to provide support to the members and to provide a system of peer pressure, but groups may or may not be formally bound by a group guarantee. In cases where there is a group guarantee, members of the group are responsible for paying back the loans of their fellow group members in the case of delinquency or default.

Kiva's Field Partners typically feature one borrower from a group. The loan description, sector, and other attributes for a group loan profile are determined by the featured borrower's loan. The other members of the group are not required to use their loans for the same purpose.

About Chile

  • $19,100
    Average annual income
  • 0
    View loans »
    Chile Loans Fundraising
  • $2,637,700
    Funds lent in using Kiva
  • 489.5
    Chile Pesos (CLP) = $1 USD

Success!! The loan was 100% repaid

A portion of Maui Dantu Group's $6,975 loan helped a member to buy hot dogs, bread, mayonnaise, barbecue sauce, mustard, and a variety of women's vests.
100% repaid
Repayment Term
5 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jul 5, 2012
Listed
Jul 23, 2012
Currency Exchange Loss:
Possible
Ended:
Nov 15, 2012