Funded

Total loan: $3,050
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Soñadores Con Proposito 3, 6 & 7 Group

Dominican Republic
El Seybo, Dominican Republic / Clothing Sales

A loan of $3,050 helped a member to buy clothing.


Soñadores Con Proposito 3, 6 & 7 Group's story

Margarita is the coordinator of her group "Soñadores con Proposito" (Dreamer with a purpose) 3, 6 & 7. This group is located in the city of El Seybo, one of the most agricultural and rural cities in the Dominican Republic. The borrowers run their businesses in the communities near the city. They sell clothes, shoes, grocery store items and others.

Margarita makes her home here in a simple house with her long-term partner and four children. She is running a clothing store where she sells all kinds of men's and women's clothes. She will use this loan to increase her inventory. She is excited to be taking out her 10th loan with Esperanza after having successfully repaid her previous loan and expanded her business.

This Esperanza associate began with us because she needed capital to invest in her business. After some loans, Margarita's business has been improving with every investment, and she uses the profits to reinvest in her business and to save. She thanks you all for your support!

In this group: Margarita, Alexandre, Crimena, Yislena, Leonida, Rosa, Seta, Inosbel, Esperanza, Ermita, Jacquelin, Rosa, Maguila, Leromene, Miguelina
*not pictured


Loan details

Loan length:

8 months
Disbursed date: August 26, 2011
Facilitated by Field Partner: Esperanza International Dominican Republic, a partner of HOPE International

Lenders and lending teams



Loan details

Loan length:

8 months
Disbursed date: August 26, 2011
Facilitated by Field Partner: Esperanza International Dominican Republic, a partner of HOPE International