Luz Divina 1 & 2 Group

Thank you for your loan. It has been disbursed to Luz Divina 1 & 2 Group, consisting of Maria , Dilcia, Rosa , Felicia, Altagracia, Leonecia, Denny , Mirian, Firencia, Juana by Esperanza International Dominican Republic, 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 Dominican Republic, a partner of HOPE International will be collecting repayments from this entrepreneur and posting progress updates on the Kiva website.

Thank you so much for supporting an entrepreneur from the Dominican Republic or Haiti! As a Kiva Fellow, I have spent the last three months working with Kiva’s Field Partner Esperanza International, visiting borrowers and writing updates about their businesses.

As you may know, all borrowers’ profiles are posted on Kiva’s website with the help of microfinance institutions (MFIs) such as Esperanza. With several branch offices located in the rural areas of these two countries, Esperanza reaches entrepreneurs in the most remote and undeserved communities. This makes possible the connection between Kiva lenders and borrowers in some of the neediest areas of the Dominican Republic.

Most of the loans Esperanza International disburses are group loans, inspired by the Grameen method, which consists of making a loan to a group of people living in the same community, after providing them with a short training program that includes basic business advice and training about the Esperanza program. All the borrowers from the group are bound to pay together, and the repayment meetings that are led in the communities help strengthen the links between local entrepreneurs. It is not uncommon for neighbors to attend these meetings and decide to join the groups to start a new project, or strengthen an existing one through a loan.

Esperanza is a strong supporter of the idea of mutual support and local initiatives to lift whole communities out of poverty. For instance, the institution recently started to run literacy programs in many of the communities they work with. These programs are led by the most educated among its borrowers. Esperanza has also been supporting local projects, such as a school that was created by one of its long term borrowers, named Milàn.

I had the unique chance to meet Milan and visit her school. She was just back from a trip across the United States (her first time out of the Dominican Republic) to tell her story. Milàn took out a loan from Esperanza in 1998 that allowed her to increase the income from her clothing business. Like many Esperanza borrowers, she was selling clothes on the street. Milan felt that she wanted to do something for the children of her neighborhood who didn’t have the opportunity to go to school, so she started a little school inside her house, providing children with basic literacy lessons, and a meal at lunch. Milan continued her clothing business and from the income generated, she could expand her school, until she reached 100 students (divided in two classes of 50 students on morning and afternoon). As her project was taking shape, she received further financial support from Esperanza and other non-profit organizations. The school I visited is a 2 story building, with eight classrooms, a library and computer room. Almost 500 students are attending the school, and follow an education program acknowledged by the Dominican ministry of Education, provided by 17 teachers (working part-time). Meanwhile, Milan has been able to complete her own education that she had left shortly before reaching high school. She is now about to get an advanced education degree that will certify her as a principal.

Recently, I was visiting a group of borrowers, who took their first loan funded by Kiva lenders. Maria, and one of the women of the group had a very similar story to Milan’s. Besides her clothing and home accessories business, she runs a local school, in her house, where she is the teacher of a class of 15 preschool children aged from 3 to 5. She is a well respected woman in her community. Her neighbors call her “la profesora” (the teacher). Although her activity as a teacher is not a source of income, it definitely is a great motivation for her to succeed in her business. Maria has recently added new products to her home accessories such as aromatic candles that she hopes will increase her sales during Christmas time.

Thanks to their commitment to reach the most isolated communities, and the indispensable financial support they receive from Kiva lenders, Esperanza may be fostering, through Maria, a new local project that will bring great benefits to the community.

Let’s wish Maria and all of Esperanza’s borrowers great success in their attempt to improve their life condition and access to education in the Dominican Republic. For this reason I entreat all of you who have lent to Esperanza International in the past to continue doing so, and continue to support this worthy project!

Please consider joining Esperanza’s Lending Team by clicking here.

Or check out all fundraising loans from Esperanza .

Thomas Gold