A loan of $1,000 helped to purchase better variety of clothes for resale.

Petronila's story

Petronila sells small articles of clothing, accessories and sweets from a bag as she walks through the streets of the various communities in her area. She probably walks 10-15 miles a day as she sells her items.

Every night she makes homemaD. coconut-bread, a delicious sweet bread that everyone loves to buy from her. This will be the fifth loan that she has taken out, and she is very excited to continue improving her life.

She plans to use the loan to purchase a better variety of clothes to sell, and she hopes to save enough so that one day she can build a strong and safe home of concrete for her family, and so that she can also build a store where she can sell her items without having to walk so much each day.

She is very involved with her local Catholic church, and wants nothing more than to give her nine children a shot at a better life. She is very thankful for your help with this loan.

NOTE: This $1,000 loan will fund Petronila's business as well as four other businesses in her solidarity group. She and four other women micro-entrepreneurs came to Esperanza and formed their group. They have all gone through Esperanza business training program and will receive equal shares of the loan to invest in their respective business and pay back the loan together. The entire group must pay in full and on time, otherwise group members must make up the deficit before any payment can be maD.. This creates accountability among the group members because each one shares in the struggles and successes of the other members in their group.

Loan details

Lenders and lending teams

Loan details