A loan of $375 helped to continue to expand her butcher shop business.

Ramona's story

Ramona is 45 years old and has 10 children and 8 grandchildren. She has a husband, but they are not married through the church.

The name of her small business is “Carniceria Ramona” and she sells mainly pork and beef. She is able to buy a pig every week to sell and a cow about every month. She can make about US$ 60 – 90 profit on each pig she sells.

Ramona took out her first loan with Esperanza 2 years ago for 3000 pesos (US$ 90). This is the 4th loan that she is going to take out from Esperanza, and she has successfully paid back the other 3. Esperanza typically offers smaller loans initially and as a group of women successfully pay back their loans and get a credit history, they can borrow increasingly larger amounts. Ramona is pictured at her biweekly repayment meeting.

Loan details

Lenders and lending teams

Loan details