A loan of $950 helped a member to finance sugar cane tickets.

La Nueva Esperanza 4 Group's story

Pascacio (pictured above, on a bike) has a joyful personality. He is a young father of two who strives for success. He lives in Consuelo, an agricultural community of sugar cane farmers. In this particular community, the sugar cane plantation owners pay their daily workers in tickets. Those tickets can be later cashed in at the end of the month. Pascacio, learning from microfinance, plans to finance some of those tickets for people who cannot wait until the end of the month, and charge interest. With the profits, he hopes to one day open his own store and have his own truck.

In this group: Pascacio, Julianne, Ramona, Raimundo, Neisy

Loan details

Lenders and lending teams

Loan details