Funded

Total loan: $825
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Marie

Dominican Republic
San Pedro de Macorís, Dominican Republic / Personal Housing Expenses

A loan of $825 helped to purchase concrete blocks, cement, etc.


Marie's story

Marie is one of Esperanza International's entrepreneurs. She came to Esperanza International almost seven years ago for a loan to expand her grocery store. She joined the group "Dios es mi Pastor - God is my Shepherd" in one of the rural villages in San Pedro de Macoris, where she has received loans to invest in her business.

Marie is a mother with three children that she is raising by herself and with her long term partner. She lives in a small slum community in San Pedro de Macoris. She is receiving her 10th loan from Esperanza. She is accessing this loan to start building her home. She has been building her house little by little, and the purpose of this loan is especially to build and raise some walls, because previously she had only built the foundations of the house.

Marie will invest this loan by purchasing cement, concrete blocks, sand and other construction materials. Esperanza Internacional is running a program where most of their clients pay back their loans, fulfill their commitment to expand their businesses, and show fidelity to their groups. They can request loans to improve their house structure while receiving business loans and attending group meetings.


Loan details

Loan length:

27 months
Disbursed date: January 31, 2013
Facilitated by Field Partner: Esperanza International Dominican Republic, a partner of HOPE International

Lenders and lending teams



Loan details

Loan length:

27 months
Disbursed date: January 31, 2013
Facilitated by Field Partner: Esperanza International Dominican Republic, a partner of HOPE International