Funded

Total loan: $5,150
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La Esperanza El Coco 1, 2, 3 & 4 Group


A loan of $5,150 helped a member to buy clothes and cosmetics.


La Esperanza El Coco 1, 2, 3 & 4 Group's story

Menenciana lives in a rural village of Samana. She is one of the members from the group called La Esperanza el coco (the hope of coconut) 1, 2, 3 & 4. She and her group of 20 members are taking loans for their businesses. This group is dedicated to many different businesses like selling clothes, shoes, cosmetics, and a little restaurant. Menenciana is selling clothes and cosmetics.

Menenciana is planning on investing her new loan in the purchase of cosmetics and clothing. This is her 12th loan with Esperanza Internacional, and she will increase her inventory. She will use her profits to continue investing in her business to improve sales, and to provide for her family's needs.

Menenciana's family is made up of her and her 5 dependents, including her children and other of her family members. She says that her most difficult challenge has been to have a successful and sustainable business that generates enough income to support her and her family.

In this group: Menenciana, Yeriberto, Dominga*, Oniel, Honorina, Ysabel, Johary, Ocalia, Eva, Elizabeth, Monica*, Cirila, Santa*, Margarita, Anselma, Juliana, Paulo, Negra, Marcia, Lucrecia
*not pictured


Loan details

Loan length:

7 months
Disbursed date: May 6, 2014
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: May 6, 2014
Facilitated by Field Partner: Esperanza International Dominican Republic, a partner of HOPE International