Arcoiris Group 2

Thank you for your loan. It has been disbursed to Arcoiris Group 2, consisting of Marcia Mejia Diaz, Juana Castro, Yosary Acosta, Eulalia Pascual Jerez, Marisol Roman by Esperanza International, a partner of HOPE International in Dominican Republic. We are excited to watch this business grow. Over the 5 months of this loan, Esperanza International, a partner of HOPE International will be collecting repayments from this entrepreneur and posting progress updates on the Kiva website.

This morning I had the pleasure of talking with Yosari Acosta Molina, a member of Arcoiris who is currently repaying her first loan cycle as an associate of Esperanza International. She used her loan to support her accessory business. Yosari bought beads, thread, clasps, earring studs, and more in order to make th jewelery that she sells on the streets. With the jewelery making skills that her cousin taught her, she has begun creating and selling her products on the street to a wide range of customers. She says that she´s always very nice to the customers so that they´ll come back and buy more.

Throughout this experience Yosari has become much more confident in herself and her self-esteem has greatly risen. Before, she describes herself as timid and was very scared to accept the loan since she knew nothing about business. However, she has quickly adapted and has taken on much responsibility that she could have never before imagined. With the increased income she has been able to buy more food and clothing for her two year old boy and in the future hopes to gain enough to change her dirt floor into concrete and put her child in school.

Yosari thanks you very much for helping this dream continue on its way and now looks forward to a prosperous future.