A loan of $3,175 helped a member to buy shoes for resale.

Cristo Y Nuestro Esfuerzo 5, 7 Group's story

Leonel is the coordinator of his group, Cristo y Nuestro Esfuerzo 5 & 7 (Christ and Our Effort). He makes his home in a simple structure with his four children. He says that his most difficult challenge is raising his children without their mother. While he continues to do so, he intends to carry on attending church.

Leonel is excited to be taking his fifth loan with Esperanza, having successfully repaid his previous loans and grown his business. He has had his business for ten years. He plans to use this loan to invest in his business by buying shoes by the dozen in different sizes, colors and for varying types of clients. He will use the profits to invest in his business, while saving part of it to eventually build a house, buy a vehicle and pay for his children's studies.

Leonel's story is representative of his group and of Esperanza's Haitian and Dominican (many of whom recently emigrated to the DR from Haiti) clients generally. His group is located in the rural areas surrounding La Romana, where the sugarcane harvest and tourist industry dominate the economy. 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: Leonel, Alexandra, Maria, Yaquelin, Antonine, Venecia*, Celia, Miguelina, Nelly, Miliana
*not pictured

Loan details

Lenders and lending teams

Loan details