Exito Con Cristo Group

Maria runs a small grocery store in her neighborhood. In the past, she sold mostly non-perishable or semi-perishable foods such as rice, beans, flour and oil – foods which make up Dominican staples. She is a 33-year-old borrower who lives near San Pedro de Macorís, Dominican Republic. Maria and the other borrowers in her group live in Los Llanos, a small town to the north of San Pedro. She lives with her husband and three teenage children in a small home made of cement blocks and wooden paneling.

Before coming to Esperanza, Maria was unable to find a fair loan. With this, her first loan with Esperanza, she will expand her sales to include fruits and vegetables. In the past, it was not viable for Maria to purchase such perishable items. Now, with an increase in her cash flow, these items will bring in even more profit. She hopes that with the new income from this loan, she will be able to finish the house with cement blocks only. That way, it will be secure from thieves and safer as a shelter during hurricane season. She likes that Esperanza not only gives her a loan, but also creates community, gives lessons, and provides other banking services such as savings. She is now confident that she can send all three of her children to school through university.

Maria is the coordinator for her group, Éxito con Cristo ("Success with Christ"), and her story is representative of the other borrowers in the group. Thank you for lending to Maria and the Éxito con Cristo group!



About Group Loans
In a group loan, each member of the group receives an individual loan but is part of a group of individuals bound by a group guarantee. Under this arrangement, each member of the group supports one another and is responsible for paying back the loans of their fellow group members if someone is delinquent or defaults. Learn more

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