A loan of $3,950 helped a member to buy bread, juices and soft drinks for sale.

Caminando Hacia El Progreso 3 & 4 Group's story

Sofia, 60, 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.

Sofia lives in El Puerto, a small town north-west of San Pedro. She has two children, one of whom still lives at home with her husband. They live in a house made from cement blocks with a tin roof, a significant improvement over the wooden houses of many neighbors. Sofia has used profits from her colmado (small corner store) to build this house, a significant achievement and proof of an expanding business. El Puerto is not an easy place to live: few medical facilities, large distances to nearest towns, little access to electricity, and no potable water access can cripple a population. Despite these difficulties, Sofia and her group have found stability in their loans and look forward to continuing to develop their businesses and community.

Sofia will be using this loan, her ninth with Esperanza International, to buy additional merchandise for her store, including bread, juices and soft drinks. She said that before having loans, it was easy for her and other group members to fail in their businesses because they did not have enough cash flow. Now, however, she and the others in her group have thriving businesses. She is very grateful for past support and excited for the possibilities in the future. Thank you for lending to Sofia and the Caminando Hacia el Progreso group!

In this group: Sofia, Carmen, Ramon, Olga, Persia, Maria, Manuel, Lecodia, Felix, Ramona

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