A loan of $1,300 helped a member to buy hair products.

Cristo Redentor 1 & 2 Group's story

These ladies from Group 1 of Cristo Redentor Bank of Hope from San Pedro de Macoris are on their third loan cycle with Esperanza International. Francisca L. is their group coordinator. She is the mother of 5 children: ages 14, 12, 6, 3, and a 5-month-old baby. She has a beauty salon where she provides hair care for women. She will use this loan to purchase different kinds of hair products, including some high-quality hair product lines that she can charge a higher rate per service. Because she does all the salon work herself, Francisca has very little time to spend with her children. Luckily, her salon is in her own house. She dreams of providing a safe home for her children to live in and making her hair salon a modern facility where she can provide all kinds of beauty services.

Juana V. is the Group 2 coordinator. They are on their second loan cycle with Esperanza International. Juana has two different businesses: selling clothes and selling gasoline. She sells the clothes in her home, and she sells the gasoline on the road close to her house. The community roads are often small and it's hard to find gas stations, so it's easy for her to sell small quantities to the motorcycle drivers. She hopes to expand both businesses in order to provide a better quality of life for her family.

On behalf of Esperanza International, thank you for supporting these entrepreneurs!

In this group: Francisca, Ilcia, Yolanda, Maria*, Agustina, Juana, Ignicia, Rafaela, Sonia*, Felicita
*not pictured

Loan details

Lenders and lending teams

Loan details