A loan of $1,150 helped a member purchase additional materials to sell and start undergarments sales.

Esperanza En Dios Group's story

“Esperanza en Dios”, or Hope in God, is a group of five entrepreneurs seeking their first loan from Esperanza International. This group hopes to utilize their first micro-finance loan to further develop their existing business ventures or create new operations in order to increase their profit levels. Monica, the wife of the pastor who works in the Santiago Esperanza office, is the coordinator of this group.

Ramona and her husband Rafa have four children (18, triplets: 12). Ramona sells oil for cooking and homemaD. ice-cream. Currently she is able to sell 5 to 6 units of oil a week and 100 strawberry, cherry, and chocolate ice-creams at 5 pesos each (approximately $0.14) a day. Ramona desires to use her first micro-finance loan to purchase additional ingredients to increase the sales of oil and ice-cream and also start selling undergarments from her home. Ramona and her husband Rafa desire to see continued growth so that they may continue to proviD. for the needs of their four children.

Other members of Ramona’s bank run similar entrepreneurial operations including a “colmado” or small grocery store and clothing and undergarment sales.

On behalf of Esperanza and this group of business entrepreneurs, we would like to thank you for your support!

In this group: Monica, Marial, Juana, Yudelka, Carmen
*not pictured

Loan details

Lenders and lending teams

Loan details