A loan of $1,275 helped a member to buy toast, juice, empanadas, soft drinks and coffee.

La Solución 7 Group's story

Teresa is the coordinator of her loan group, "La Solucion," (The Solution), and her story is representative of her group and of Esperanza's Haitian and Dominican clients, many of whom recently emigrated to the DR from Haiti. Her group is located in the Samana Peninsula, a rugged, lush penninsula with a nascent tourism industry where running water is not potable and electricity is unreliable. She makes her home here in a simple structure with her long-term partner and their three children.

Teresa is excited to be taking her second loan from Esperanza after having successfully repaid her previous loan and expanded her business. She runs a small cafeteria. She plans to use this loan to invest in her business by purchasing the ingredients necessary to make toast, empanadas (delicious Dominican-style "Hot Pockets"), soft drinks, and coffee. She will use the profits to buy her children shoes and notebooks, to occasionally take them out to get ice cream, and to add a window to her home. Her long term goal, however, is to move her cafeteria out of her rented home to its own location, and to purchase her own home. She thanks you for your support.

In this group: Teresa, Urania, Guilermina, Teresa, Anibal

Loan details

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Loan details