A loan of $1,750 helped a member purchase merchandise for new campaign.


Peniel 3 Group's story

Group 3 from the Peniel Bank of Hope is ready to start their fourth loan cycle through Esperanza International, Kiva's partner. In the words of Luchi A., the group has done extremely well in their previous loan cycles and none of the members has been late on their payments. All the group members have also seen a significant increase in their profits after they started taking microloans.

Luchi’s mother and her three sisters are clients of Esperanza International. Luchi’s mother, Brigida, is the group coordinator for the group 2 from this same Bank of Hope. Her sister Tania is in this same group.

Luchi sells products from a catalog. She sells leather purses, shoes and belts. She explained to us that there is a new campaign coming up so she will use the loan to purchase merchandise from the new catalog in order to offer her clients the latest styles.

Luchi’s biggest challenge is her children’s education. This is why in spite of being so busy selling her catalog products and visiting her clients, she helps her children (two boys, ages 5 and 8) with their homework every day. She is a very dedicated businesswoman and mother with two goals: providing her children with the best education possible and, along with her catalog sales, having her own boutique/beauty salon.

On behalf of Esperanza International and this group of micro entrepreneurs, we’d like to thank you for your support!

In this group: Luchi, Tibisay , Altagracia, Tania , Ramona
*not pictured


Loan details


Lenders and lending teams



Loan details