Total loan: $1,300
Santo Domingo Norte, Santo Domingo Province, Dominican Republic / Housing
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A loan helped to buy cement, sand and other building materials.
Felicia is one of Esperanza International's entrepreneurs. She came to Esperanza International almost five years ago for a loan to expand her jewel sales business. She joined the group "United for the Future" in one of the rural villages in Santo Domingo, where she has received loans to invest in her business. Felicia is a single mother with two children who she is raising by herself without the help of a husband. She lives in a small slum community in Santo Domingo's north. Felicia is receiving her ninth loan from Esperanza. She is accessing this loan to make some changes to the structure of her home. She has been building her house little by little and this time the loan will be used to lay a floor and finish some walls. Felicia will invest this loan by purchasing cement and other building materials. Esperanza Internacional is running a program where most of their clients pay back their loans, fulfill their commitment to expand their businesses, and show fidelity to their groups. They can request loans to improve their house structure while receiving business loans and attending group meetings.