Funded

Total loan: $3,300
Powered by 123 lenders

Embajadores Group

Dominican Republic
La Romana, Dominican Republic / Fruits & Vegetables

A loan of $3,300 helped a member to buy fruits like bananas, pineapples, mangoes, oranges, etc.


Embajadores Group's story

Juan plans to use this loan to invest in his business: a fruit stand where he sells all kinds of fruit. He makes his home in a simple structure with his long-term partner and two children. He has had his business for two years, starting when he stopped working in private enterprise. He says that his most difficult challenge is to bring home income even when he doesn't have a job. In the meantime he plans to continue to enjoy his work and being with his family. He will use his profits to invest in his business and house. His future plan is to have a fruit mall.

His story is representative of his group and of Esperanza's Haitian and Dominican clients (many of whom recently emigrated to the DR from Haiti) generally. His group is located in rural areas surrounding La Romana, where the sugarcane harvest and tourist industry dominate the economy. This area, like nearly all impoverished areas of the Dominican Republic, suffers from unreliable electricity and running water (none of which is potable).

Juan is the coordinator of his group Embajadores 1 & 2 ("Ambassadors"). He is excited to be taking out his third loan with Esperanza after having successfully repaid his previous loan and grown his business. This associate began with Esperanza because it is an interesting program offering more than just loans and low interest.

In this group: Juan, Margarita, Ana, Odania, Maria, Roseleine, Melania, Candida, Esperanza, Raysa
*not pictured


Loan details

Loan length:

7 months
Disbursed date: July 12, 2010
Facilitated by Field Partner: Esperanza International Dominican Republic, a partner of HOPE International

Lenders and lending teams



Loan details

Loan length:

7 months
Disbursed date: July 12, 2010
Facilitated by Field Partner: Esperanza International Dominican Republic, a partner of HOPE International