A loan of $3,850 helped a member to buy plantains, bananas, sweet potatoes, cassava, yams, etc.

Caminando Hacia El Progreso 2 & 3 Group's story

Elva is the coordinator of her group "Caminando hacia el progreso 2 & 3" (Walking toward progress). She makes her home here in a simple structure with her long-term partner and 6 children. She says that her most difficult challenge is to work in a foreign country. In the meantime she plans to continue enjoying serving others.

Elva is excited to be taking her 8th loan with Esperanza after having successfully repaid her previous loan and grown her business. She has had her business for 7 years, starting with savings. She plans to use this loan to invest in her business to buy vegetables like plantains, bananas, cassava, yams, sweet potatoes, tomatoes and others. She will use the profits to expand her business; she wishes to have a big food stall.

This Esperanza associate began with us because she needed capital to improve her business, and her story is representative of her group and of Esperanza's Haitian and Dominican clients generally, many of whom recently emigrated to the DR from Haiti. Her group is located in San Pedro de Macoris, a city famous for baseball players and its sugar cane industry. The main economic activities are its Free Trading Zone, a cement factory, and others. This area, like nearly all impoverished areas of the Dominican Republic suffers from unreliable running water (none of which is potable) and also has unreliable electricity.

In this group: Elva, Italiane, Lucia*, Facundina, Eridania, Sofia, Carmen, Olga, Catalina, Persia
*not pictured

Loan details

Lenders and lending teams

Loan details