A loan of $1,475 helped a member to buy candies, snacks, fruits, soda.

El Milagro 6 Group's story

Valentinia is the coordinator of her group El Milagro 6 ("The Miracle"). She makes her home here in a simple structure with her husband. She says that her most difficult challenge is to have a successful business. In the meantime, she plans to continue enjoying to serve others.

Valentinia is excited to be taking her 12th loan with Esperanza after having successfully repaid her previous loan and grown her business. She has had her business for six years, starting when she received her first loan in Esperanza. She plans to use this loan to invest in her business, where she has a little grocery stand and takes it to the local public school to sell snacks, candies and other groceries. She also sell shoes and clothing. She will use the profits to invest and save. She wants to run her business from home or her own location, because she doesn't want in the future to be moving.

This Esperanza associate began with us because she was needing motivation to start a business, which she received in her group and with Esperanza. Her story is representative of her group and of Esperanza's Haitian and Dominican clients, many of whom recently emigrated to the DR from Haiti. Her group is located in the rural areas surrounding Hato Mayor, an area where the economy is dominated by agriculture. This area, like nearly all impoverished areas of the Dominican Republic, suffers from unreliable running water (none of which is potable) and electricity.

In this group: Valentinia, Julia, Juana, Juana, Luz

Loan details

Lenders and lending teams

Loan details