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Los Gemelos Group
In this Group: Marco , Jacqueline , Herminda, Ana, Andrea, Mónica, Miriam, Susan, Silvia, Lorena, Héctor, Solange , Mariana , Francisco , Andrea , Rosalina, Soledad, Priscilla, Samuel , Julio, José
Marco is part of the "Los Gemelos" (Twins) community bank which has 21 entrepreneurial members who live in the town of Maipú. In the photo, Marco is in the middle wearing a white cap with sunglasses on top.

Marco's business is making and selling bakery and confectionery products in his home. He has been doing this for more than 2 years. He has also been selling ice cream from an ice cream machine since sales of his baked products fall during the hot weather. Marco started his own business when he realized, through his own work experience, that a baker's work isn't very convenient. His wife, who also works with Fondo Esperanza, supports him in his business.

He will use his loan to buy mix for his ice creams and cones. His dream is to own an 'amasanderia' (a type of Chilean bakery). Marco has two children: an 11 year-old boy and a 5 year-old girl. What Marco most likes about Fondo Esperanza is the opportunity that they give entrepreneurs when they provide them with loans to get ahead in their businesses. Also, the loans have been a great support to him in keeping his business running.

Maipú is a town located to the east of Santiago, capital of Chile, in the Metropolitan region. Designed as the biggest town in Chile it is called the 'Birthplace of the Nation' owing to the important historic events that have taken place on these lands during the Independence period such as the Battle and Embrace of Maipú between the liberators of Chile, Bernardo O'Higgins, and Argentina, San Martín.
View original language description ↓
Marco forma parte del banco comunal “Los Gemelos” conformado por 21 emprendedores pertenecientes a la comuna de Maipú. En la foto se encuentra al centro y usa un gorro blanco y sus lentes encima.
El negocio de Marco consiste en la elaboración y venta de productos de panadería y pastelería en su casa, desde hace más de 2 años. También hace 4 meses, se dedica a la venta de helados de máquina, ya que la venta de los productos de panadería disminuye en el tiempo de calor.
Marco comenzó con su negocio independiente, cuando se dio cuenta, por su experiencia laboral, que el trabajo de panadero no es muy conveniente. Su esposa, quien también trabaja con Fondo Esperanza, lo apoya en el negocio.
Con este préstamo comprará mezclas para los helados y barquillos.
Su sueño es tener una amasandería.
Tiene dos hijos: un niño de 11 años y una pequeña de 5 años.
A Marco lo que más le gusta de Fondo Esperanza es la oportunidad que le dan a los emprendedores, cuando les entregan los préstamos, para salir adelante con sus negocios. Además para él los créditos han sido un gran apoyo para mantener su negocio.
Maipú es una comuna ubicada al este de Santiago, capital de Chile, región Metropolitana. Designada como la comuna más grande de Chile es llamada Cuna de la Patria debido a importantes hechos históricos ocurridos en esas tierras durante la época de la Independencia, como la Batalla y el Abrazo de Maipú entre los libertadores de Chile Bernardo O´Higgins y Argentina, San Martín.

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
  • 468.0
    Chile Pesos (CLP) = $1 USD

Success!! The loan was 100% repaid

A portion of Los Gemelos Group's $3,925 loan helped a member mix for ice cream and cones.
100% repaid
Repayment Term
5 months (Additional Information)
Repayment Schedule
Dec 16, 2010
Jan 3, 2011
Currency Exchange Loss:
Apr 15, 2011