A loan of $3,125 helped a member to buy gasoline, motor oil and clothes.

Amor Y Amistad 1 & 2 Group's story

Yolanda is the coordinator of her group Amor y Amistad 1 & 2 (Love and Friendship). She makes her home here in a simple structure, living with her parents. She says that her most difficult challenge is to study and get professional knowledge. In the meantime she plans to continue enjoying cooking and visiting the beach.

Yolanda is excited to be taking her 11th loan with Esperanza after having successfully repaid her previous loan and grown her business. She has had her business for almost 6 years, starting with an initiative to have a business, with which she can help her family. She plans to use this loan to invest in her business where she sells gasoline and motor oil on the road close to her home, and to buy clothing to sell. She will use the profits to reinvest in the business and to save, because she wants to improve her standard of living.

This Esperanza associate began with us because she believes everybody is involved with her in this loan; they are like family. 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) generally. Her group is located in Samana, a lush rugged peninsula with a nascent tourism industry. This area, like nearly all impoverished areas of the Dominican Republic suffers from unreliable running water (none of which is potable) and electricity.

In this group: Yolanda, Gertrudis, Miledy, Claricia, Adelina*, Ana, Claudia, Marcelina, Maria, Carlos

Loan details

Lenders and lending teams

Loan details