A loan of $1,925 helped a member to buy jewelry.

Dios Es Bueno 4 & 5 Group's story

Margarita is the coordinator of her group Dios es bueno 4 & 5 (God is Great). She makes her home here in a simple structure with two children and her long term partner. She plans to continue enjoying being at home with her children and doing business.

Margarita is excited to be taking her third loan with Esperanza. She has had her business for one and a half years, starting out with some savings she had accumulated. In less than 4 months, she joined this group for a loan to increase her sales. Margarita plans to use this loan to invest in her business by purchasing chains, bracelets, rings, earrings and plastic jewels. She will use the profits to invest in her business. She would like to have an improved business and to travel to different countries.

This Esperanza associate began with us because she wanted to expand her business and needed the capital to increase her sales. Her story is representative of her group and of Esperanza's Haitian and Dominican (many of whom recently emigrated to the DR from Haiti) clients generally. Her 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: Margarita, Clarita, Yineta, Islanda, Feliciana*, Ivox, Viergemaine, Melania, Iveta, Criciana
*not pictured

Loan details

Lenders and lending teams

Loan details