A loan of $3,850 helped a member to buy a freezer for seafood business.

Mujeres Necesitada 1 & 2 Group's story

Marisol is the coordinator of her group, Mujeres Necesitadas 1 & 2 (Women in need). She makes her home here in a simple structure with her older daughter and 2 grandchildren. She says that her most difficult challenge is to keep fighting by working hard to get a better future. In the meantime she plans to continue enjoying to be with her grandchildren.

Marisol is excited to be taking her 8th loan with Esperanza after having successfully repaid her previous loan and grown her business. She has had her business for over 5 years, starting with some saving she had at her home. She plans to use this loan to invest in her business and to buy a freezer, where she will hold the sea foods, She is running a Fish shop. She will use the profits to save and plan to use that money for specific needs like school for her grandchildren and to repair her house.

This Esperanza associate began with us because she wanted to work, she was wishing to invest in her new business, and her story is representative of her group and of Esperanza's Haitian and Dominican (many of whom recently emigrated to the DR from Haiti) clients generally. Her group is located in the rural areas surrounding Hato Mayor, an area where the economy is dominated by agriculture. 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: Marisol, Geiny, Altagracia, Candida, Rosa, Fidelia, Rosa, Santa, Elvin, Juana

Loan details

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Loan details