A loan of $2,450 helped a member to buy clothes, flip-flops, and other items for her neighborhood store.

Esperanza Y Fe Group's story

Elena is the coordinator of her group, Esperanza y Fe (Hope and Faith), and her story is representative of her group and of Esperanza's Haitian and Dominican clients generally (many of whom recently emigrated to the Dominican Republic from Haiti).

Elena’s group is located in La Romana, a rural area of the country dedicated to the sugarcane harvest, where running water (none of which is potable) and electricity are unreliable. She makes her home there in a simple structure with her husband and her six children.

Elena is excited to be taking her first loan with Esperanza – she is very excited for this opportunity to grow her business. She plans to use this loan to invest in her small general neighborhood store by purchasing necessary products such as clothes, flip-flops and other things.

Elena will use the profits to expand her business and hopes to have enough money to make improvements to her house. She thanks you all for your support.

In this group: Elena, Marie, Gloria, Christiana, Mesias, Elisana, Deniana*, Rosita, Marilania, Yudis, Marisol, Diana, Carmelia, Elsanidia, Oralie
*not pictured

Loan details

Lenders and lending teams

Loan details