A loan of $3,050 helped a member to buy beans, sugar, rice, onion, oil, canned products, etc.

Hacia Un Futuro Mejor 1 & 2 Group's story

Reymundo is the coordinator of his group, Hacia un Futuro Mejor 1 & 2 (To a better future). He makes his home here in a simple structure with his long-term partner and 3 of their five children.

Reymundo is excited to be requesting his 4th loan with Esperanza after having successfully repaid his previous loan and grown his business. He has had his business for 8 months, selling miscellaneous products. He plans to use this loan to invest in his business by buying rice, flour and other foods. His business is a colmado, a place where you can find all the ingredients to make your daily food. Normally these colmados are in the neighborhood so that there is only a short walking distance from any home. He will use the profits to proviD. for his home, and to pay for his children's education. One of his dreams is to see them become professional.

This Esperanza associate's story is representative of his group and of Esperanza's Haitian and Dominican clients (many of whom recently emigrated to the DR from Haiti). His group is located in the city of Hato Mayor, one of the country’s most rural cities whose economy depends on agriculture. This area, like nearly all impoverished areas of the Dominican Republic, suffers from unreliable electricity and running water (none of which is potable).

In this group: Reymundo, Ana, Carmela, Sandra, Sujeidy, Balbara*, Ruth, Mireya, Marisol, Berkis
*not pictured

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Loan details