A loan of $850 helped a member to purchase a barber's chair.

Fe Y Accion 1 Group's story

Carmen is the coordinator of her group Fe y Accion (Faith and Action), 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 generally. Her group is located in the rural areas surrounding Hato Mayor, an agricultural 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 two children.

Carmen is excited to be taking her first loan with Esperanza and she has come to Esperanza because she believes the payment terms are generous and will help her business grow. She plans to use this loan to invest in her business running a beauty salon by purchasing a barber's chair. She will use the profits to invest in her dream of adding a cosmetic line to her salon as well as saving for the university education of her children. She thanks you all for your support.

In this group: Carmen, Balenci, Yaquelin, Yomaris, Dharians

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