A loan of $1,700 helped a member to buy shoes, clothes, miscellaneous products.

Fe Y Amor 7 Group's story

Monette is the coordinator of her group Fe y Amor 7 (Faith and Love). She makes her home here in a simple structure with her long-term partner and their four children. She said her most difficult challenge is to work in a foreign country. In the meantime, she plans to continue enjoying attending church and singing to the Lord.

Monette is excited to be taking her second loan with Esperanza after having successfully repaid her previous loan and grown her business. She has had her business for around six years, starting with her savings of $500. She plans to use this loan to invest in her business by buying clothing like dozens of skirts, pants, shirts and shoes for women, men and children. She will use the profits to buy more products. She is dreaming to have more merchandise and improve her business

This Esperanza associate is one of a group formed by Haitian citizens who live in the Bateyes area around Romana's sugarcane field. Her story is representative of her group and of Esperanza's Haitian and Dominican clients, many of whom recently emigrated to the DR from Haiti. Her group is located in the rural areas surrounding La Romana, an area where the economy is dominated by sugarcane and upscale tourism. 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: Monette, Ana, Andrecia, Elza, Anna

Loan details

Lenders and lending teams

Loan details