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Hijos Del Sol Group
In this Group: Maribel, Monica, Yoselyn, Carolina, America, Leontina, Maria Susana, Jessica, Eyner, Valdemar, Victor, Ana Maria, Alejandra, Kimberlyn, Patricia, Constanza
This communal bank is called “Hijos del Sol” (Children of the Sun) and it has 16 members who are in a variety of lines of work among which are clothing sales, fast-food sales, school supplies sales, food sauces, crafts, furniture, baby clothes, technical services and services, among others. All are from Independencia Commune located in the city of Santiago.

Maribel is a member of the communal bank. In the photo she is seated in the front row first from right to left, wearing a black vest and a scarf around her neck; her hair is dark brown and gathered up. Two of her four children are with her.

Her line of work for the last year has been children's photography. She comments that she arranged a room to set it up as a photography studio in her home to take care of customers. She works with schools, Kindergartens and at events and parties.

She buys the merchandise and supplies as needed in stores where she gets the lowest prices for ink and in low-price paper suppliers which is advantageous economically.

She will use the loan to buy a backdrop. (The backdrop curtain in a photo establishes the configuration and mood for her photos).

One of Maribel’s goals is to have a locale where she can set up her photography studio with all the equipment it needs to generate higher income and more customers and be able to opt for a better quality of life.

Maribel lives with her husband, a niece, her mother and four children who are 19, 14, 3, and 2 years of age. Her dream for her family is to own a house and for her business is to have a photography studio to generate higher income and be able to pay for her daughter’s education; she’s attending university.

She is very happy and grateful for the opportunity Fondo Esperanza is giving her because it will make it possible for her to invest in her business. With respect to the communal bank she’s part of she comments that very good communication exists among them. On the other hand, the training has been useful to learn new sales and bookkeeping strategies.

Independencia is one of the 34 communes that make up the city of Santiago (Capital of Chile) and is located in the north-central sector. It arose at the end of the 19th century as a traditional sector of the city. It’s main axis is Independencia Avenue which used to be the ancient Road of the Inca and northern gate to the city of Santiago. Because of its ample indigenous population, the Indigenous Cultural Center of Chile is found in Independencia. It also has important historical buildings among which are six Chilean historical monuments.
View original language description ↓
Este Banco Comunal se llama “ Hijos del Sol” está conformado por 16 emprendedores quienes se dedican a diferentes rubros, entre los cuales se encuentran; venta de ropa, comida rápida, venta de útiles escolares, venta de aliños para las comidas, artesanía, mueblería, venta de ropa de bebe, servicio técnico, servicios entre otros. Todos ellos pertenecientes a la comuna de Independencia, ubicada en la ciudad de Santiago.
Maribel, integrante del grupo del Banco Comunal, quien en la foto se encuentra sentada en primera fila, ocupando el primer lugar de derecha a izquierda, viste un chaleco de color negro, en el cuello lleva puesto un pañuelo, su cabello es de color castaño oscuro y lo usa tomado, la acompañan dos de sus cuatros hijos.
Ella se dedica al rubro de la fotografía infantil desde hace 1 año. Comenta que habilito una pieza para ambientar a un estudio fotográfico dentro de su hogar para atender a su clientela, trabaja con colegios, jardines infantiles, en eventos y fiestas.
La mercadería e insumos que va necesitando los compra en locales donde encuentra la tinta más barata y distribuidoras de papeles a bajo costo, por lo tanto conveniente económicamente.
Con el crédito comprará un telón (El telón de fondo de un retrato establece la configuración y el estado de ánimo para sus fotografías).
Una de las metas de Maribel es tener un local donde pueda tener su estudio fotográfico con todas sus implementaciones que necesita, así generar mayores ingresos y mas clientela, y optar por una mejor calidad de vida.
Maribel vive junto a su marido, una sobrina, su madre y cuatro hijos de 19, 14, 3 y 2 años de edad. Sus sueños a nivel familiar es tener su casa propia y a nivel laboral tener su estudio fotográfico para generar mayores ingresos y poder pagar los estudios de su hija ya que se encuentra en la universidad.
Ella se encuentra muy contenta y agradecida de la oportunidad brindada por Fondo Esperanza, ya que le permitirá invertir en su negocio. Respecto al grupo del Banco Comunal del cual forma parte, comenta que en éste existe muy buena comunicación. Por otro lado las capacitaciones, le han servido para aprender nuevas estrategias de venta y contabilidad.
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
  • 481.2
    Chile Pesos (CLP) = $1 USD

Success!! The loan was 100% repaid

A portion of Hijos Del Sol Group's $4,350 loan helped a member to buy a backdrop screen.
100% repaid
Repayment Term
5 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Oct 8, 2012
Listed
Oct 24, 2012
Currency Exchange Loss:
Possible
Ended:
Feb 15, 2013