Hacia Adelante Group

Thank you for your loan. It has been disbursed to the Hacia Adelante group, consisting of Antonia Martes, Juana Encarnacion, Nereyda Martinez, Maritza Sencion, Bienvenida Noesi, Luis Hierro, Eladia Gil, Milanda Charles, Faustina Severino, Rosaria Caravallo by Esperanza International, a partner of HOPE International in Dominican Republic. We are excited to watch this business grow. Over the next 6 months, Esperanza International, a partner of HOPE International will be collecting repayments from this entrepreneur and posting progress updates on the Kiva website.

Antonia is very responsible; she has paid her loan on time every time. She recently upgraded to a slightly bigger loan of $15,000 Dominican pesos, approximately $417 US dollars to grow her business. Her business is thriving despite the down turning economy. With the loans she has expanded her inventory and is now selling both small amounts of grocery products as well as in bulk amounts to her community customers. In addition to grocery products Antonia is also selling clothes from her home. Antonia is proud of the store she has built because she finally feels that her finances are becoming stable. She has purchased medical insurance for her and her family through Esperanza and is now saving for emergencies. She saves approximately 148 Dominican pesos, the equivalent of $6.62 US dollars per month. This precaution is a safety net in case a tragedy occurs, a cushion from falling into extreme poverty as a result of an emergency. Thank you for supporting Antonia, your hand up instead of a hand out is helping change her life, the lives of her children and her community. Continue to give hope through Esperanza’s MFI. Thank you