A loan of $1,525 helped a member restock inventory.

Renovacion Las Aguilas Group's story

Tania M. is one of two groups leaders in the Renovacion Las Aguilas group. She runs a small business called a ‘fantasia’ out of her house. In the Dominican Republic, a fantasia is a store that sells a variety of non-grocery goods. Tania sells bicycles, shoes, perfumes and other items.

Tania lives in Santiago, a crowded city that suffers from severe rainwater drainage problems. The income from her business goes to support her family and two children, ages eight and ten. She has previously taken out one Esperanza loan, and found it to be a great help. Tania was able to restock her inventory at a time when her family’s budget was very tight. She plans to use this loan to expand her inventory.

Tania reports that her involvement with Esperanza has given her a more positive outlook on her business’s ability to succeed in this economy. She has learned how to more efficiently manage her costs, which has led her to feel more confident in her skills as a business owner.

In this group: Tania, Almencia, Sonia, Nidia, Raquel, Nieve, Ramona, Candida, Alquimedes, Belkis

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Loan details