A loan of $3,325 helped a member to buy clothes.

La Nueva Esperanza 1 & 4 Group's story

Flor is one of the members of La Nueva Esperanza 1 & 4 (New Hope 1 & 4). 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. At present, its economy depends on duty-free industrial zones, the cement industry, and other minor activities like tourism.

Flor is the mother of two children. Together with her husband, she has been able to provide necessities for her family. She works selling clothing. Four years after receiving her first loan, she is receiving her eleventh loan. Flor has successfully invested and repaid her previous loans.

Flor is planning to use her new loan to purchase new clothes for men, women, and children. The most difficult part of her work is collecting money from people who have bought products on credit. Flor will save her earnings to continue providing necessities for her home and finish building her house. Flor's favorite activity is studying. Her dream is to graduate as a computer engineer while pursuing her business and to be able to pay for her college education.

In this group: Fior, Miraassant, Silvelia, Sandy, Otima, Danaury, Edwing, Magdalena, Juan, Yonaisy

Loan details

Lenders and lending teams

Loan details