A loan of $3,825 helped a member to buy cosmetics, clothes, shoes, etc.

La Fe 1, 2, & 3 Group's story

Armita is the coordinator of her group La Fe 1, 2 & 3 (The Faith). She makes her home here in a simple structure with her three children. She says that her most difficult challenges are to educate her children and to support all of their needs. She sells clothing and accessories, a business she enjoys doing.

Armita is excited to be taking out her 8th loan with Esperanza after having successfully repaid her previous loans and grown her business. She has had her business for four years. She plans to use this loan to purchase blue jeans, cosmetics and women's shoes etc. She will use the profits to provide for her family needs.

This group is located in the rural areas surrounding La Romana, where the sugarcane harvest and tourist industry dominates the economy. This area, like nearly all impoverished areas of the Dominican Republic, suffers from unreliable running water (none of which is potable) and electricity.

In this group: Armita, Mireya, Jisselene, Charguita, Sonia, Rosalia, Alud, Madeline, Juanita, Maria, Mimosa, Ana*, Juana, Marie, Erine
*not pictured

Loan details

Lenders and lending teams

Loan details