- Dominican RepublicClothingFunding via Esperanza International Dominican Republic, a partner of HOPE International
- Dominican RepublicRetailFunding via Esperanza International Dominican Republic, a partner of HOPE International
- HaitiFoodFunding via Entrepreneurs du Monde - Palmis Mikwofinans Sosyal
Villa Ascencion Group
Maria J. B. is just one member of the 10-person micro-bank, Villa Ascencion, which means “Ascended Town”. Each of these unique Dominican entrepreneurs unite in solidarity, allowing them to access funding that they would otherwise never be able to receive on their own. The concept of this group bank paying their loan together is to reduce the risk of one person defaulting, as the other members gladly help cover one another’s payments in order to receive their next loan together. Some of the other women in this particular bank make a living selling clothing or running small salons, and one owns a small colmado, or store that sells basic groceries and snacks.
On behalf of Maria, the Villa Ascension, and the entire team here at Esperanza International, we thank you for your support and awareness of the global issue of poverty, in which your efforts are helping to make a difference.
This is a Group Loan
About Dominican Republic
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Success!! The loan was 100% repaid