100%

funded

Total loan: $1,125

Alabanza De Cristo 4 Group

Santiago, Santiago, Dominican Republic / Retail

Alabanza De Cristo 4 Group's loan finished fundraising, but these other borrowers need your support


A loan helped Clothing, shoes, and perfume for resale.


Alabanza De Cristo 4 Group's story

Madeline, 23, lives in Santiago, Dominican Republic. She is the coordinator for her group, Alabanza de Cristo (Praise for Christ), and her story is representative of those in her group and other Dominican and Haitian borrowers at Esperanza International. Madeline lives with her husband in a simple home in Santiago, the second-largest city in the Dominican Republic. Life in urban areas of the Dominican Republic can be rough, with overcrowding, no potable running water, frequent power outages (if one has power to begin with), and inadequate access to health care, among other dangers. Despite these difficulties, Madeline runs a successful small business selling items from a small street cart. With this loan, she will purchase clothing, shoes, and perfumes to sell at a small markup. This is Madeline’s first loan with Esperanza International. With her new access to capital, Madeline hopes to continue the growth of her business. Her dream is to one D. have her own home where she can raise a family with security. Madeline hopes to continue taking out loans with Esperanza after she successfully repays her first. She hopes to have children someD., and her confidence in providing a good life for her children is very high after finding financial security through her loans and her business. Esperanza International seeks to free children and their families from poverty through initiatives that generate income, education and health, restoring self-worth and dignity to those who have lost hope. We have more than 8,500 active associates in eleven offices in the Dominican Republic and Haiti. Thank you for lending to Madeline and the Alabanza de Cristo group!