A loan of $1,600 helped a member purchase raw materials for restaurant.

La Union Hacia La Fuerza Group's story

Ramona operates a small restaurant inside her home. The menu varies daily dependent upon what is available, but daily a “plato del día”, or plate of the day, is offered generally consisting of rice, beans and a meat option, or sancocho, a typical Dominican stew. Aided by Esperanza International, Ramona is able to purchase ingredients in greater bulk and produce a larger quantity of food for her customers and in turn, earn a greater profit than she was able to before her first loan.

Ramona is not alone in her quest to earn a profit through entrepreneurial activities. Ramona is a member of the ten person microfinance bank, “La Union Hacia La Fuerza”. This group’s past two loans have been successfully repaid, and the group, including Ramona, hopes to utilize a third loan for further business expansion.

Ramona, mother of four children (ages 9, 11, 12, and 14), desires to see growth in her business so that she may continually provide for her children. Her husband, a street vegetable vender, desires the same and together, success is aspired for.

On behalf of Esperanza and this group of business entrepreneurs, we would like to thank you for your support!

In this group: Ramona, Ramona, Miguelina, Teresa, Francisa, Olga, Marina, Confesora, Margarita, Lidia

Loan details

Lenders and lending teams

Loan details