A loan of $1,225 helped a member to buy sports shoes.

Fe Y Amor 5 Group's story

Claudio is the coordinator of his group Fe y Amor 2 (Faith and Love). He makes his home here in a simple structure with his two children. He says that his most difficult challenge is 'to improve my business'. In the meantime, he plans to continue to enjoy driving.

Claudio is excited to be taking his first loan with Esperanza. He is starting his business with this loan and he is planning to use it to invest in sport shoes, for men and women. He will use the profits to invest in his business, which he wants to see improve in a short time.

This Esperanza associate began with us, because the facilities in Esperanza are better than other places where he can get a loan and his story is representative of his group and of Esperanza's Haitian and Dominican (many of whom recently emigrated to the DR from Haiti) clients generally. His group is located in the rural area surrounding Santiago, an area famous for tobacco and beef production, the second biggest city in the Dominican Republic. This area, like nearly all impoverished areas of the Dominican Republic suffers from unreliable running water (none of which is potable) and electricity shortages.

In this group: Claudio, Ana, Damaris, Dominga, Nurys

Loan details

Lenders and lending teams

Loan details