A loan of $750 helped to purchase coffee, tea, cream, and plastic cups.

Elena's story

Elena A., a proud Dominican mother of three and owner of De Todo Elena, provides such refreshments as coffee and juice to her community of Barrio Dubeau in the northern province of Puerto Plata in the Dominican Republic. With this loan, Elena intends on expanding her current inventory of coffee, tea, plastic cups, and silverware to better serve her community. As a mother raising Alfonso (age 11), Naomi (age 10), and Amauri (age 21), Elena uses the income from her business to supplement her husband’s full time job.

Note: Elena is one of five microentrepreneurs in her Bank of Hope solidarity group, all of whom have gone through Esperanza's business training courses. Each of the five members will receive a share of this $750 loan for their respective businesses and will be accountable to each other for repaying their share of this loan together. This group-lending methodology ensures that members cooperate to help one another repay their loans and invest wisely in their businesses and families.

Loan details

Lenders and lending teams

Loan details