A loan of $3,475 helped a member to purchase a display case and additional accessories to sell.

Luz Y Progreso Group's story

Mirlanda is the coordinator of her bank of hope: Luz y Progreso (Light and Progress). Her story is representative of both the members of her group and Eseperanza's Dominican and Haitian (many of whom recently emigrated to the DR from Haiti) clients. Her group is based in the Samana peninsula in the east of the Dominican Republic, where running water (none of which is potable) and electricity are unavailable. She and her children call "home" a simple structure of wooden walls with a tin roof.

Mirlanda first came to Esperanza with the goal of starting a business and she is now on her third loan after having succesfully repaid the first two. She will use this third loan to reinvesting in her business by purchasing a display case as well as additional accessories to sell: necklaces, gold chains and earrings.

She plans to use the increased profits to purchasing various things for her family, including: animals to be raised for food and tools for her children's educatoin - books, backpacks and a computer. Her long-term goal is to finish repairing and improving her home and to invest in a new location for her business that will attract more customers.

She thanks you all for your support.

In this group: Mirlanda, Valentina, Juana, Maria, Ramona, Rufina, Jose , Silvia , Martires, Catalina , Emma , Basila, Santa*, Pedro, Lidia
*not pictured

Loan details

Lenders and lending teams

Loan details