A loan of $3,225 helped a member to buy shoes, cosmetics, clothing, and other items.


La Nueva Esperanza 2 & 3 Group's story

Emilio is one of the members of the group La Nueva Esperanza (New Hope 2 & 3). This group is comprised of micro-entrepreneurs dedicated to selling clothing, natural goods, shoes, working as educators, and other professions. Members work in the city of San Pedro de Macoris, a city famous for its athletes and sugar industry. Emilio is receiving his ninth loan, almost five years after receiving his first. He has successfully invested and repaid his previous loans. Emilio runs a business where he sells miscellaneous items such as shoes, cosmetics, clothing, and other products.

Emilio is planning to use his loan to buy clothing, cosmetics, and shoes. He will save his profits to continue building his house. Emilio enjoys listening to music, and his goal is to faithfully repay his loans to continue investing in his business. His dream is to improve his social condition and to buy a large vehicle, like a truck or a pick-up truck.

In this group: Emilio, Ramona, Raimundo*, Santa, Ana, Francisca, Yenel, Liliana*, Niorki, Bartolo
*not pictured


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Loan details