Funded

Total loan: $4,100
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La Alternativa 1, 2, 3 & 4 Group


A loan of $4,100 helped a member to buy miscellaneous products like shoes, cosmetics and clothes.


La Alternativa 1, 2, 3 & 4 Group's story

Alida is one member of the 10-person group, La Alternativa 1, 2, 3 & 4. Her group is located in Samana, a lush rugged peninsula with a nascent tourism industry. Alida, like all in this group, decided to do business with Esperanza because she needed to bring extra income to her house. Alida is a divorced mother of three children. She is running a sales business where she sells different products like cosmetics, shoes, accessories, and clothing.

Alida started her business with her first loan from Esperanza, and this activity allows her to support her family. With this loan, she will invest in her business by buying more of those products. Her future plans are to have a wholesale store, to have enough money to meet her children'sr needs, and to pay for their advanced studies.

Alida joined Esperanza almost nine years ago and this is her 16th loan. All previous loans have been repaid and invested in her business. She thanks all of you for your support!

In this group: Alida, Luz, Basilia, Gabriel, Evaristo, Martha, Leomaris, Felipe*, Ignacia, Tomasa, Juana, Jose*, Porfiria, Jesusito, Rosa, Marleny, Esperanza, Dionicia, Santa*, Georgina
*not pictured


Loan details

Loan length:

7 months
Disbursed date: July 16, 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 16, 2013
Facilitated by Field Partner: Esperanza International Dominican Republic, a partner of HOPE International