A loan of $1,200 helped a member to buy underwear and shoes to sell.

La Nueva Esperanza 4 Group's story

Ramona is the coordinator of her group, L. Nueva Esperanza 4 (New Hope 4), and her story is representative of her group and generally of Esperanza's Haitian and Dominican clients (many of whom recently emigrated to the Dominican Republic from Haiti). Her group is located in San Pedro D. Macoris, a city famous for baseball players and sugar cane industries. The main economic activity is a free trading zone and a cement factory, but both 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 her four children.

Ramona is excited to be taking out her fifth 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 selling underwear and shoes in a Fantasia, which is a variety store that caters to women. She will use the profits to change her house from wood to concrete block to give her family a safer home, and expand her business. She thanks you all for your support.

In this group: Ramona, Helena, Julianne, Raymundo, Neisy

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Loan details