Funded

Total loan: $4,050
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Luz Y Progreso 1,2,3 Group

Dominican Republic
Samaná, Dominican Republic / General Store

A loan of $4,050 helped a member a freezer, rice, sugar , cooking oil and vegetables.


Luz Y Progreso 1,2,3 Group's story

Mirlanda is the coordinator of her group 'Luz y Progreso' (Light and Progress), 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) generally. Her group is located in Samana, a lush, rugged peninsula with a nascent tourism industry where running water (none of which is potable) and electricity are unreliable. She makes her home here in a simple structure as a single mother with her children.

Mirlanda is excited to be taking her fourth loan with Esperanza after having successfully repaid her previous loan and grown her business. She plans to use this loan to invest in her business running a small general store by investing in a freezer as well as oil, sugar, rice and vegetables to sell. She will use the profits to invest in her children's well-being by purchasing them food and clothes as well as school supplies and a computer to learn on. Additionally, she would like to improve her home and move her business to an area with more traffic. She thanks you all for your support.

In this group: Mirlanda, Luisa, Juana, Valentina, Rufina, Micaela, Silvia, Martires, Catalina , Emma*, Basilia, Santa , Ramona, Pedro , Lidia
*not pictured


Loan details

Loan length:

7 months
Disbursed date: March 1, 2010
Facilitated by Field Partner: Esperanza International Dominican Republic, a partner of HOPE International

Lenders and lending teams



Loan details

Loan length:

7 months
Disbursed date: March 1, 2010
Facilitated by Field Partner: Esperanza International Dominican Republic, a partner of HOPE International