Funded

Total loan: $1,650
Powered by 56 lenders

La Nueva Esperanza 2 Group


A loan of $1,650 helped a member to buy different products including cosmetics and shoes.


La Nueva Esperanza 2 Group's story

Emilio is one of the members of the group La Nueva Esperanza 2 (New Hope 2). They are micro-entrepreneurs dedicated to selling clothing, natural goods, shoes, education, etc. They work in the city of San Pedro D. Macoris, a city famous for its athletes and sugar industry. At present, its economy depends on the duty-free industry zones, the cement industry, and other minor activities like tourism. This member is receiving his seventh loans three years after receiving his first. In each loan, he has maD. his repayments on time and has maD. good investments. He sells miscellaneous items, shoes, cosmetics, clothing, etc.

Emilio is planning to invest his new loan to buy clothing, cosmetics, and shoes. He will use his earnings to save so that he can build a house. He enjoys listening to music, and his goal is to remain faithful with the loans so that he can continue investing in his business. His dream is to improve his social condition and to buy a large vehicle, like a truck or a pick-up truck.

In this group: Emilio, Yoslin, Liliana, Amada, Yonaisy
*not pictured

Translated from Spanish by Kiva volunteer Avni Shah


Loan details

Loan length:

15 months
Disbursed date: September 14, 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 14, 2010
Facilitated by Field Partner: Esperanza International Dominican Republic, a partner of HOPE International