A loan of $2,875 helped a member to buy cosmetics, body cream, powder and other personal products for her business.

Fe En Dios 2 & 3 Group's story

Felicia, the coordinator of her group Fe en Dios 2 & 3 (Faith in God), makes her home here in a simple structure with her husband and their two children. She plans to continue enjoying cooking for her family and friends.

Felicia is excited to be taking her third loan with Esperanza after having repaid her previous loans and grown her business. She has had her personal products business for a year, having started it with her first Esperanza's loan. She plans to use this loan to buy more personal use products such as cosmetics, body cream, powder, soaps and an exhibitor to demonstrate her wares. She will use the additional profits from the loan to buy some things for her home as well as invest in the purchase of some jewelry. She wants to buy a car and have a successful business.

This Esperanza associate began with us because she sought a loan to start a business to earn income to improve her family's standard of living. Felicia's 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: Felicia, Jose, Ysabel, Olga, Santa, Sulgelis, Noemi*, Hilda, Martha, Josanna
*not pictured

Loan details

Lenders and lending teams

Loan details