A loan of $1,325 helped a member to expand her business by purchasing additional products (e.g., straighteners, creams, deodorants, hair extensions, charcoal, and fertilizer).

Genesis 4 Group's story

Maria is the coordinator of her group, Genesis, and her story is representative of her group and of Esperanza's Haitian and Dominican (many of whom recently emigrated to the DR from Haiti) clients in general. Her group is located in El-Seibo, a rural area where running water (none of which is potable) and electricity are unreliable. She makes her home here in a simple structure with her long-term partner and their three children.

Maria is excited to be seeking her seventh loan with Esperanza after having successfully repaid her previous loan and expanded her business in doing so. She plans to use this loan to invest in her business. Specifically, she sells both agricultural and beauty products in her small town, including hair straighteners, creams, deodorants, and hair extensions, as well as charcoal and fertilizer. She will use the profits generated as a result of this loan to improve her home and her family's standard of living. For instance, she would like to add a concrete floor to their home and to purchase shoes for her children and a laundry machine to lighten her domestic burden. She thanks you for your support.

In this group: Maria, Cecilia, Altagracia, Reina, Xiomara
*not pictured

Loan details

Lenders and lending teams

Loan details