A loan of $1,925 helped a member to purchase undergarments in dozens.

Cristo Salva Group's story

Esperanza is the coordinator of the Silva Groups 1 and 2. Her family is made up of 4 children and a husband. Both of them, (father and mother) have raised and educated their children. Her most difficult challenges, she tells us, have been in her role as a mother trying to provide a better future for her children.

Esperanza is very excited to receive her first loan through Esperanza International. She has had her business for about 20 years, which she started by selling silver jewelry such as rings and chains, using money that she had saved up. Esperanza is planning to invest the proceeds of her loan in the purchase of undergarments in dozens, for men, women and children. She will use her income for new clothing and in such a way will be able to grow her business and achieve her dream of being able to finish building her house. She also wishes to maintain good health and have a more financially stable life.

This member of the Esperanza Group joined us because of the flexible loan payments and better interest rates. Her background is representative of the other members of the group and customers of Esperanza, the Haitians (who for the most part have immigrated to the Dominican Republic from Haiti, some of them recently) and the Dominicans, both generally live in very poor communities. This area, like many other areas of limited resources in the Dominican Republic, is lacking in drinking water and constant electrical energy. This group is located in a low resource area of La Romana, a city whose economy depends on the production of sugar cane and the high level tourist industry.

In this group: Esperanza, Omaria, Elithane, Maria, Clemencia, Daniela, Luciana, Mariana, Rosa, Liphena
*not pictured

Translated from Spanish by Kiva volunteer Laura Bobbit

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Loan details