A loan of $1,450 helped a member to buy rice, cooking oils, sugar, and vegetables.

Las Mujeres Luchando Contra La Pobreza Group's story

Lucia M. is a middle-aged woman who came to Esperanza in search of her first loan. She has begun a small “colmadito”, or store that sells staple foods and accessories. However, she is lacking adequate capital to buy enough inventory for the store. The money from this loan will go towards purchasing cooking oil, rice, sugar, and crackers. Lucia said that she hopes to continue to grow her business, so that she will be able to help support her two grown children (23 and 25) to attend college. When she is not working, Lucia enjoys attending her local church several times a week.

Lucia Matinez is the leader of the 10 person micro-bank, Las Mujeres Luchando Contra La Pobreza, which means, The Women Fighting Against Poverty. Each of these unique Dominican entrepreneurs unite in solidarity, allowing them to access funding that they would otherwise never be able to receive on their own. The concept of this group bank paying their loan together is to reduce the risk of one person defaulting, as the others members gladly help cover one another’s payments in order to receive their next loan together. One of the other women in the group has runs a small salon, one sells vegetables in the street, and several of the others sell clothing to in the streets and markets of Puerto Plata.

On behalf of Lucia, the Mujeres Luchando group, and the entire team here at Esperanza International, we thank you for your support and awareness of the global issue of poverty, in which your efforts are helping to make a difference.

In this group: Lucia, Medeline, Fifa, Dieulene, Vanesa, Benita, Dominga, Olguita*, Leonarda, Severina
*not pictured

Loan details

Lenders and lending teams

Loan details