A loan of $3,500 helped a member to buy cosmetic products.

Luz De La Esperanza 1 & 2 Group's story

Maria is the president of her group, Luz D. la Esperanza (Light of Hope) 1 & 2, and her story is representative of her group and of Esperanza's Haitian and Dominican clients (many of whom recently emigrated to the Dominican Republic from Haiti). Her group is located in the areas surrounding San Pedro, and their community depends on tourists. It is a poor area where the economy used to thrive on sugar cane but has more recently waned, and where running water (none of which is potable) and electricity are unreliable.

Maria makes her home here in a simple structure with her husband and their three children. She is excited to be taking out her third loan with Esperanza, after having successfully repaid her previous loans and grown her business. She plans to use this loan to purchase calling cards, mobile phones, copy paper, etc. She also sells cosmetic products, and she will purchase different brands of this kind of product, as well as some others things like women’s accessories. She will use the profits to further invest in her business, as clients always need more products. She thanks you all for your support.

In this group: Maria, Eladio, Lissete, Yafreisi, Tomacina, Manuela, Diosmely, Dario*, Yean, Santa
*not pictured

Loan details

Lenders and lending teams

Loan details