Total loan: $3,275
Fuente De Vida 1,2,3 Group
La Romana, La Romana, Dominican Republic / Retail
Fuente De Vida 1,2,3 Group's loan finished fundraising,
but these similar borrowers just need a little more help to reach their goals!
A loan helped Rice, beans and cooking oil to sell.
Fuente De Vida 1,2,3 Group's story
Sobeida is the coordinator of her group 'Fuente D. Vida' (Source of Life), and 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) generally. Her group is located in the areas surrounding L. Romana, an agricultural area based around the sugarcane harvest where running water (none of which is potable) and electricity are unreliable. She makes her home here in a simple structure with her long-term partner and their three children. Sobeida is excited to be taking her second loan with Esperanza after having successfully repaid her previous loan and grown her business. She plans to use this loan to invest in her business running a small 'colmado' or corner store, and she will invest by purchasing the essentials, rice, beans and cooking oil, to sell in her store. She will use the profits to save towards investing in her business further. She thanks you all for your support.