A loan of $3,075 helped a member to buy fish, rice, cooking oil, salami, sardines, sauces, potatoes, and spaghetti to sell.

La Nueva Esperanza 2,4 Group's story

Bienvenida is the coordinator of her group La Nueva Esperanza 2,4 (which means "The New Hope") and her story is representative Esperanza's Haitian and Dominican clients generally, many of whom recently emigrated to the DR from Haiti. Her group is located in the rural areas surrounding El Seybo, an area 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 five children.

Bienvenida is excited to be taking her seventh 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 "colmado," or small general store, by stocking it with fish, rice, cooking oil, salami, sardines, sauces, potatoes, and spaghetti. She will use the profits to reinvest in her business and expand it, and to provide for the needs of her large family. She thanks you all for your support.

In this group: Bienvenida, Guillermina, Domingo, Valentina, Magaly, Maribel, Seneida, Grecia, Yohanny*, Gladis
*not pictured

Loan details

Lenders and lending teams

Loan details