Funded

Total loan: $3,550
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Cristo Redentor 1, 3 & 4 Group


A loan of $3,550 helped a member to buy rice, beans, sugar, cooking oil, canned food,etc.


Cristo Redentor 1, 3 & 4 Group's story

Elsa is one of the members of the group called Cristo Redentor 1, 3 & 4. The group consists of 15 micro-business women from San Pedro de Macoris, from a batey (a company town) surrounded by sugarcane fields where they live and work for their families. They are selling clothes, miscellaneous products, shoes, groceries, food, etc. Elsa lives in a simple home with her family of five, including her children and her long-term partner.

Elsa started with Esperanza Internacional because she needed capital to start a business. She is very excited to be receiving her 13th loan from Esperanza after having successfully paid off her previous loans, and having taken steps to grow her business. She has had her business for around seven years.

Elsa is planning to invest her new loan in purchasing rice, beans, sugar, cooking oil, canned food, and others goods for daily meals. She is running a small food store, called a colmado, where neighbors can buy their goods in their own neighborhood. She said her most difficult challenge has been to start her business. She thanks you all for your support!!!

In this group: Elsa, Zeneida, Maria, Yolanda, Maria, Francisca, Juana, Juana, Lucila, Petronila*, Lorensa, Matilde, Aurora, Nurys, Santa
*not pictured


Loan details

Loan length:

7 months
Disbursed date: July 5, 2013
Facilitated by Field Partner: Esperanza International Dominican Republic, a partner of HOPE International

Lenders and lending teams



Loan details

Loan length:

7 months
Disbursed date: July 5, 2013
Facilitated by Field Partner: Esperanza International Dominican Republic, a partner of HOPE International