A loan of $1,775 helped a member to buy clothes, shoes, cosmetics, etc.

Luz Y Esperanza 1 Group's story

Teresa is the coordinator of her group, Luz y Esperanza ("Light and Hope"), and her story is representative of her group and of Esperanza's Haitian and Dominican clients generally (many of whom recently emigrated to the DR from Haiti). Her group is located in the urban slums surrounding Santiago, an area known for its tobacco production, where running water (none of which is potable) and electricity are unreliable. She makes her home here in a simple structure with her husband and three children.

Teresa plans to use this loan to invest in her business of selling miscellaneous products. She will invest this loan to buy clothing, shoes, cosmetics and accessories. She will use the profit to reinvest in her business and to save for the future. Before she started her business she couldn't save, but thanks to her business and these loans, her business is going well and she can save her profits.

Teresa is excited to be taking her 4th loan with Esperanza after having successfully repaid her previous loan and grown her business. She thanks you all for your support.

In this group: Teresa, Eunice, Ana, Yroneli, Lourdes

Loan details

Lenders and lending teams

Loan details