A loan of $3,350 helped a member to buy plantains, bananas, cassava, yams, sweet potatoes, tomatoes for resale.

Caminando Hacia El Progreso 4 & 5 Group's story

Ramona is a member of her group "Caminando hacia el progreso 4 & 5" (Walking toward progress). She makes her home here in a simple structure with her long-term partner and 2 children. She says that her most difficult challenge was to educate her children. In the meantime she plans to continue enjoying attending church.

Ramona is excited to be taking her 11th loan with Esperanza after having successfully repaid her previous loan and grown her business. She has had her business for 5 years, starting with Esperanza's first loan. She plans to use this loan to invest in her business (a vegetables stand) by buying vegetables and fruit such as plantains, bananas, cassava, yams, sweet potatoes, tomatoes and others. She will use the profits to put aside savings and take care of her hearth; she wishes to have a peaceful life.

This Esperanza associate began with us because she wanted to have a 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,where the main economic activity is 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 uncertain electricity.

In this group: Ramona, Maria, Juana, Lecodia, Viergelie, Matania, Ana, Micheline, Juan, Alicia
*not pictured

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Loan details