A loan of $3,525 helped a member to purchase supplies for her beauty salon.

Nuevo Renacer 2 Y 6 Group's story

Renata is the coordinator of her group Nuevo Renacer 2 y 6 (Rebirth), and her story is representative of her group and of Esperanza's Haitian and Dominican clients many of whom recently emigrated to the DR from Haiti. Her group is located in the urban slums north of Santo Domingo, an area where crime is rampant and 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 of three children.

Renata is excited to be taking her third loan from Kiva partner Esperanza after having successfully repaid her previous loan and grown her business. She plans to use this loan to invest in her business which is a beauty salon by purchasing five bags of hair products from different companies, a curling iron, plastic chairs, four gallons of shampoo and rinse, combs, rollers, hair dye and hair relaxer. She will use the profits to save towards building a new home as the one that she currently lives in has problems with leaking water.

In this group: Renata , Chery, Yessi , Juana, Evelin, Julia, Juana, Fortuna, Santa, Yvelisse

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Loan details