A loan of $1,725 helped a member to buy more rice, beans, sugar, oil, flour, etc.

El Eden 5 Group's story

Elvira is the coordinator of her group, El Eden 5 (The Eden). She makes her home in a simple structure with her three children. She says that her most difficult challenge is to raise her children by herself. In the meantime she plans to continue to enjoy being at home with her children.

Elvira’s business is a colmado, a place where you can find all the ingredients to make your daily meal. Normally these colmados are in the same neighborhood, to be a short walking distance from any home.

Elvira is excited to be taking her 4th loan with Esperanza after having successfully repaid her previous loan and grown her business. She has had her business for four years, starting with some savings. She plans to use this loan to invest in her business by buying more rice, flour, and other foods.

This Esperanza associate began with us because she needed to invest in her business. Her story is representative of her group and of Esperanza's Haitian and Dominican clients generally (many of whom recently emigrated to the Dominican Republic from Haiti).

The rural area surrounding Hato Mayor is an area where the economy is dominated by agriculture. This area, like nearly all impoverished areas of the Dominican Republic, suffers from unreliable electricity and running water (none of which is potable).

In this group: Elvira, Alejandro, Madelin, Elida, Amelia

Loan details

Lenders and lending teams

Loan details