A loan of $2,700 helped a member to buy cosmetic and beauty products to sell.

La Alternativa 1 & 3 Group's story

Ruth is just one member of the 10 person group, La Alternativa 1 & 3. This group is located in Samaná, a lush rugged peninsula with a nascent tourism industry. These Dominican entrepreneurs are able to unite in solidarity, allowing them access to funding that they would otherwise never be able to receive on their own. Their businesses are operated from their house or by walking in their community and others nearby. Businesses like beauty salons, clothes and food sales, are some of the principal activities in this group of ten entrepreneurs.

Ruth is a middle-aged woman that lives in Samaná, Dominican Republic. She is a mother of 5 children, and she lives together her long term partner. Ruth has been an Esperanza associate for 6 years and this is her 13th loan with us. She is running a small vending business where she sells cosmetics and beauty products. The earnings from her business will allow her to continue to support her children and put her one step closer to her dream, which is to run an ice cream store and to finish building her house.

In this group: Ruth, Jacinto, Juana, Alida, Santa, Rosa, Basilia, Teresa, Felipe, Isidra

Loan details

Lenders and lending teams

Loan details