A loan of $3,250 helped a member to purchase oil, flour, sugar, and eggs.

Caminando Hacia El Progreso Group's story

Facundina, 31, is a borrower who lives near San Pedro de Macorís, Dominican Republic. She is the coordinator for her group, Caminando Hacia el Progreso (Walking Towards Progress), and her story is representative of the other borrowers in the group.

Facundina and the other borrowers in Caminando Hacia el Progreso live in a small town northwest of San Pedro called El Puerto. Facundina is married and has three children, ages 7, 4, and 7 months. She and her family live in a typical Dominican home: cement floors, wooden panels for exterior walls and a tin roof. With profits from her business, she hopes to improve her house so her children have a safer place to live.

With this loan, her very first with Esperanza International, Facundina plans to purchase ingredients for her small bakery, including flour, oil, sugar, and eggs. She has never used credit before, and is excited for the opportunity provided by extra cash flowing into her business. Facundina hopes to continue growing her bakery and take out more loans in the future. She also has dreams for her children to grow up with good health, study at good schools, and have a better life when they become adults. With an expanding business, Facundina knows that these dreams can come true. Thank you for lending to Facundina and the Caminando Hacia el Progreso group!

In this group: Facundina, Santos, Elva, Italiane, Eridania, Matania, Alicia, Fina, Micheline, Juan

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Loan details