Funded

Total loan: $2,800
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Esperanza Y Esfuerzo 3 & 4 Group


A loan of $2,800 helped a member to buy rice, beans, oil, sugar, flour, etc.


Esperanza Y Esfuerzo 3 & 4 Group's story

Santos (or Estela, as she is known to everyone) is a member of the group Hope and Striving 3 & 4. The members sell clothes, cosmetics, shoes, food, etc. Her family is made up of her, her husband, and their 4 children, who she enjoys hugely. She also loves to go to the church and sing. Her main challenge at the moment is to build an apartment to rent out and generate income for the family. Santos is very excited to receive her 7th loan from Esperanza Internacional after having successfully repaid her previous loans and having taken the first steps in growing her business. She has had her business for about 6 years, and she started it with her first loan. Santos plans to use the new loan to buy food (rice, beans, oil, sugar, etc) for her small grocery store, a business that depends on selling all sorts of food and other products. It is a little community store. She is going to use the income to continue investing in her business. She started this association with us because she needed to invest in her business. Her story is being used to represent the rest of the members of this group who are clients of Esperanzo, who are a mix of Haitians (who for the most part have emigrated to the Dominican Republic from Haiti, some of them recently) and Dominicans, who for the most part live in very poor communities. This area, in common with many other resource poor areas of the Dominican Republic, lacks potable water and a reliable electricity supply. This group can be found in an area at the edge of the sugar cane fields of San Pedro de Macoris, a city famous for its baseball players and for the sugar industry. Its present day economy depends on the free trade zone, the cement industry, and other more minor activities like tourism. The person circled in the picture is not a member of the group - this is someone who was accompanying one of the group members.

In this group: Santos, Carmen, Rafaela, Selvia, Juan, Mercedes, Rosa*, Rosario, Martha, Martha
*not pictured

Translator profile picture

Translated from Spanish by Kiva volunteer Alison Hynd


Loan details

Loan length:

15 months
Disbursed date: September 6, 2010
Facilitated by Field Partner: Esperanza International Dominican Republic, a partner of HOPE International

Lenders and lending teams



Loan details

Loan length:

15 months
Disbursed date: September 6, 2010
Facilitated by Field Partner: Esperanza International Dominican Republic, a partner of HOPE International