A loan of $3,125 helped a member to buy a variety of products to sell.

La Alternativa 4 & 5 Group's story

Alina is a divorced mother of 3 children. She is running a sales business, where she sells different products like cosmetics, shoes, accessories, and clothing. This activity allows her to support her family. With this particular loan, she will invest in her business by buying more of those products. Her future plans are to have a wholesale store and to have enough money to give her children all their needs and to pay for their degree studies.

Alina is just one member of the 10 person group, La Alternativa 4 & 5. Together, these Dominican entrepreneurs are able unite in solidarity, allowing them access to funding that they would otherwise never be able to receive on their own. Alina decided to make business with Esperanza because she needed to bring extra income to her house. Alina started her business with her first loan from Esperanza.

This Esperanza associate began with us around 5 years ago, and this is her 11th loan. All previous loans have been paid and invested in her business. Her story is representative of this 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 Samana, a lush rugged peninsula with a nascent tourism industry. 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: Alida, Juana, Germania, Deisy, Martha, Ysabel, Aleydis*, Valentina, Luz, Georgina
*not pictured

Loan details

Lenders and lending teams

Loan details