Home Microfinance Mortgage Recipients within the Dominican Republic – Evan Lory

Mortgage Recipients within the Dominican Republic – Evan Lory

Mortgage Recipients within the Dominican Republic – Evan Lory


Mortgage Recipients within the Dominican Republic – Evan Lory

June 21, 2023

I not too long ago had the privilege of touring to the Dominican Republic to ship funding for loans for feminine enterprise girls. Whereas there, I met many mortgage recipients and realized concerning the varieties of companies which might be being funded.

Nataylis is a gifted 24-year-old who runs her personal hair salon within the small group of La Piedra. For a lot of Dominican girls, pure lengthy hair is just not widespread, however they nonetheless want to improve their magnificence with extensions or coloring. A magnificence salon is a profitable addition to the La Piedra group.

Along with her mortgage, Nataylis bought new extensions and hair coloring merchandise, which permit her to broaden her enterprise. Throughout my dialog together with her, I used to be impressed by her dedication and keenness. She works out of her dwelling to save lots of on prices and realized by doing, which is the widespread means for individuals in La Piedra. She plans to supply her providers for 1700 Dominican pesos, which interprets to roughly $30 US.

As a mom of two youngsters, Nataylis is dedicated to offering for her household. Like so many different individuals in La Piedra, her job prospects are few, so she has risen to the problem by creating her personal enterprise.

I additionally met Anita, a passionate entrepreneur in La Piedra. Working a various store, catering scrumptious meals to numerous occasions, and even being expert in stitching and promoting her personal garments, she is really a jack of all trades. 

Throughout my go to with Anita, I witnessed her kindness and culinary talent firsthand. She warmly welcomed us into her dwelling and gave us a tour of her store, showcasing her unimaginable assortment of products. Not solely did we expertise her hospitality, however she additionally supplied lunch, which was scrumptious. My father, just a few fellow college students on a examine overseas program, and I had been handled to native, seasonal dishes that had been scrumptious, and never what we’d discover on the resort we had been staying at. It was a real delight to spend time with this profitable entrepreneur.



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