A loan of $1,925 helped a member purchase new merchandise for resale.

Las Flores 5 And 6 Group's story

Sonia Maria F. and Luisa Marte are group coordinators for the Las Flores Bank of Hope in Los Alcarrizos. Sonia has 7 children living in her home, and Luisa has 3 children in her home. El Progreso bank members have been participating in the Esperanza loan program for up to a year. Sonia will be using her loan to buy food products and inventory for her fried food stand and her variety store. For her variety store, Sonia will be specifically investing in buying bedding products.

Luisa's micro business is clothing sales. She purchases her wares in Santo Domingo, and brings them back to her community. Previous to taking out microloans, these women could not run their own sustainable businesses. Sonia was employed as a domestic worker, and Lusia in a factory. Neither women saw much of a future in either of those employment activities, and agree that working for themselves shows much more promise and more profit.

In the future, Sonia mentions that she would like to grow her business and upgraD. her home with cement block installation. Lusia would like to make similar improvements to her home, and perhaps expand her business venture into a cafeteria.

Thank you for supporting these entrepreneurs!

In this group: Luisa, Elodia, Antonia, Maria, Maria, Sonia, Pelajia, Carmen, Lessette, Yoelisa

Loan details

Lenders and lending teams

Loan details