A loan of $3,475 helped a member to buy clothes, etc. for resale.

Mujeres Adelante Al Progreso 1 & 2 Group's story

Benuat is the coordinator of his group "Mujeres adelante al progreso" 1 & 2 "Forward towards progress women". This Esperanza associate began with us because he was looking for a loan to invest in his business and his story is representative of his group and of Esperanza's Haitian and Dominican clients generally, many of whom recently emigrated to the DR from Haiti. He says that his most difficult challenges are to help his community to develop more access and services.

Benuat is excited to be taking his 10th loan with Esperanza after having successfully repaid his previous loan and grown his business. He has had his business for over 6 years, starting up with some savings. He plans to use this loan to invest in his business by buying clothes and perfumes for men and women, cosmetics and some shoes. He will use the profits to invest in his business and to build a house. In his future, he sees himself running a big store.

His group is located in San Pedro de Macoris, a city famous for baseball players and sugar cane industries. The main economic activities are a free trade zone, a cement factory, and others. 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: Benuat, Lucia, Rosa, Simon, Violeta, Maria*, Arelis, Servilie, Jackelin, Alerte
*not pictured

Loan details

Lenders and lending teams

Loan details