A loan of $2,150 helped a member to buy fabrics, wood and other items.

Mujeres En Desarrollo 1, 2 & 3 Group's story

Mercedes is one of the members of her group Mujeres en Desarrollo 1, 2 & 3 (Development women). Mercedes makes her home here in a simple structure with her long-term partner and one child. She says that her most difficult challenges are to work hard and have a better life. In the meantime, she plans to continue enjoying upholstering.

Mercedes is excited to be taking her 5th loan with Esperanza after having successfully repaid her previous loan and grown her business. She has had her business for 5 years, starting by taking a technical class in upholstering. She operates an upholstery business. She plans to use this loan to invest in her business by buying fabrics, wood, and other items. She will use the profits to invest in her business. The Christmas season is better because people like to upholster their furniture and buy new furniture, too.

This Esperanza associate began with us because she needed capital for her business. 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 D. Macoris, a city famous for baseball players and sugar cane industries. The main economic activities are a free traD. zone and a cement factory. This area, like nearly all impoverished areas in the Dominican Republic, suffers from unreliable running water (none of which is potable) and electricity which can't be counted on.

In this group: Mercedes, Paula, Joselin, Juana, Mary, Yolanda, Radicelis, Jhomairi, Mercedes, Daniela, Maria, Mary, Juan, Dulce*, Yohana
*not pictured

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