A loan of $1,075 helped to buy concrete blocks, cement, rods, etc.


Francisco's story

Francisco, a married man with three children, is a micro-entrepreneur selling miscellaneous products, especially fuels, such as gasoline, gasoil and motor oils. He is a member of the group called Vecinas Unidas (United Neighbors), located in the city of Samana. He has had his business for over eight years, started from his savings. This is his sixth loan, which he will use to improve his house. After his last loan, which he invested in his business, Francisco realised the need to improve his home, and with this loan he will change his wood walls for a safer structure made of concrete blocks walls. With this loan he will buy cement, concrete blocks and other building materials. Esperanza Internacional runs a program for their good clients who are reliable in paying back their loans, who have fulfilled the commitment to grow their business and who have shown fidelity in their groups. This allows them to take out a loan to improve the structure of their house at the same time as running their business and attending their group meetings. The other members of Franciso's group are recommending him for a housing loan. Francisco thanks God, Esperanza Internacional and all of you for this opportunity. In his name and that of his family, he thanks all of you for your support!


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