Total loan: $3,575

La Confianza 1, 2 & 3 Group

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Santo Domingo Norte, Santo Domingo Province, Dominican Republic / Services

La Confianza 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 Purchase fabrics, needles, buttons, and other supplies.

La Confianza 1, 2 & 3 Group's story

Luz is very excited about receiving her first loan from Esperanza International. She manages a sewing business where she makes clothes, school uniforms, and decorations. This loan will be invested in fabrics and accessories used in making a few of the products that she sells. Her earnings will be reinvested in her business because she wants to expand her sales and her product line.

Luz is part of the group “La Confianza” (Confidence) along with 14 other members. All of them sell products and merchandise either as street vendors or from their homes. Luz joined Esperanza International because she needed capital for her business. She will also be able to invest, expand her inventory, and share with the other members of her group who also want to expand their businesses as well as improve their lives and their community. Luz’s story is representative of the other members of her group and clients of Esperanza. They are Haitians (most of whom have emigrated to the Dominican Republic from Haiti, some just recently) and Dominicans who live in the poorest communities of the Dominican Republic that lack potable water and reliable electricity.