A loan of $2,500 helped a member to buy clothing and bed linen.

Creciendo Para El Futuro 4 & 5 Group's story

Veronica is the coordinator of her group Creciendo para el futuro 4 & 5. She makes her home here in a simple structure with her husband and 3 children. She says that her most difficult challenge is to have her own store. In the meantime she plans to continue to enjoy being dedicated to her business.

Veronica is excited to be taking her 3th loan with Esperanza after having successfully repaid her previous loan and grown her business. She has had her business for 3 years after she started selling 4 to 5 pieces of clothes at home every month. She plans to use this loan to invest in her business by buying pants, shirts, accesories and bed linen. She will use the profits to buy school supplies, to invest in more products, and she is planning to buy a computer; she also wants to have telephone service and to have a store with all kinds of merchandise.

This Esperanza associate began with us because she need the loan to her business. 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 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: Veronica, Alicia, Arleni, Catalina, Leonidas, Luz*, Juana, Luz, Argentina, Mirian
*not pictured

Loan details

Lenders and lending teams

Loan details