A loan of $1,650 helped a member to buy more coconuts to sell.


Desarrollo Comunitario 5 Group's story

Alberto is the coordinator of his group, Desrrollo Comunitario 5 (Community Development), and his story is representative of his group and of Esperanza's Haitian and Dominican clients generally (many of whom recently emigrated to the Dominican Republic from Haiti).

Alberto’s group is located in the Samana peninsula, a lush, rugged area with a nascent tourism industry, where running water (none of which is potable) and electricity are unreliable. He makes his home there in a simple structure with his long-term partner.

Alberto is excited to be taking his eighth loan with Esperanza after having successfully repaid his previous loan and grown his business. He plans to use this loan to invest in his business selling coconuts by purchasing more coconuts to sell.

Alberto will use the profits to invest in his home by replacing the wooden walls with block and in his long term ambition of having a truck to haul his coconuts with. He thanks you all for your support.

In this group: Alberto, Rafael , Teresa, Gricer, Amada
*not pictured


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Loan details