A loan of $3,550 helped a member the purchase of shampoos, conditioners, gels, and other beauty products.

Ines' Group's story

Ines C. is preparing to receive her seventh loan with Esperanza. She has been working for several years with her niece, operating a beauty parlor. Her niece primarily cuts and colors hair, while Ines’ main job is providing hair products such as shampoos, conditioners, gels, etc. The business has been successful for the two, as Ines has returned to Esperanza several times, and each time she has requested a larger loan.

Through the fist six loans, Ines has been with Esperanza for almost four years, and during those four years she has maD. significant changes in her life. She recently bought a freezer with her savings, and has maD. other improvements to her home. She currently lives alone, and when I asked her if she wanted to make any other improvements in the future, she told me she wanted to find a husband and then asked me to join her. This led to abrupt laughter from the entire group. She was only kidding, and she reiterated her desire to improve her home and her business. Her next step is to buy cinder blocks to surround her house, because they proviD. better support in the event of a strong storm.

As each day passes, Ines and her niece are expanding their customer base. Ines explained to me that women in the Dominican Republic spend a lot on their appearance, so she believes there is no reason for her business to suffer. She sees an increasing demand for her products and plans on providing the needed supply.

In this group: Ines, Emerenciana, Clara , Juanna , Esperanza *, Maria , Fernando, Ludovina , Guillermina , Luz, Isabel, Miguel, Margarita*, Yreno, Jeannente, Ania , Esperanza, Rosy , Ofelio, Mardonisia
*not pictured

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Loan details