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anUPDATE.

THE REED TUCKER, GEORGE TRENT AND WILLIAM WEXFORD GROGAN BANK OF HOPE July 2013

Esperanza International


Esperanza International

Dear Jay,

I am excited to get back in touch with you and share how your Bank of Hope Sponsorship has continued to grow and change lives since it was founded in early 2009! In this report you’ll see some statistics that illustrate how your portfolio has grown, and how the initial investment of $20,000 has taken on an exponential power relative to the amount of loans it has funded. Every day your sponsorship account is helping to empower hundreds of women and men so that they can invest in their entrepreneurial talents and provide a much improved future for their children and families. Through Esperanza, these women and men are able to enjoy access to capital, savings services, health care, and ongoing vocational and educational trainings! Very few charities empower women and men like Esperanza does, but we could not do it without your support. I hope you enjoy reading about how you have helped 832 women and men improve their lives since 2009!

God bless,

Kayla Villnow Director, Community Investments Esperanza International

SUMMARY STATISTICS

910

loans have been

disbursed

832

associates have been

reached

Since 2009, your sponsorship account has: 

Allowed $180,995(USD) to be disbursed in the form of small loans!

Received $167,582 (USD) from the poor in repayments!

Only had to write-off $2,222 (USD), or 1.2 percent of the total amount disbursed!

Earned $29,274 (USD) in operational income!


CURRRENT STATISTICS Amount Repaid capital Write off Active portfolio disbursed Guaricanos Villa Mella 17 5 $ 6,307 $ 4,920 $ $ 1,387 La Romana 6 2 $ 2,146 $ 1,819 $ $ 328 Santiago 10 2 $ 3,907 $ 3,684 $ $ 223 Los Alcarrizos 15 3 $ 3,451 $ 3,148 $ 199 $ 104 Seybo 10 2 $ 2,683 $ 2,683 $ $ Puerto Plata 182 37 $ 37,268 $ 35,477 $ 1,791 $ Samana 306 74 $ 69,414 $ 66,687 $ 232 $ 2,495 Hato Mayor 134 46 $ 41,516 $ 37,507 $ $ 4,010 San Pedro de Macoris 51 11 $ 14,302 $ 11,657 $ $ 2,644 Total 731 182 $ 180,995 $ 167,582 $ 2,222 $ 11,191 *Each loan consists of five smaller loans, accounted for as one loan, per Esperanza's group lending methodology. Branch office

Branch office

Clients

Women

San Pedro de Macoris Hato Mayor Samana Puerto Plata Seybo Los Alcarrizos Santiago La Romana Guaricanos Villa Mella Total

$230

Loans*

41 100 223 173 9 15 9 4 17 591

average size of a borrower’s

loan

Avg. age Women

Men 3 12 25 8 1 1 2 52

6

Dependants (Avg.) - Women

Avg. age - Men 43 44 43 41 37 43 41 35 46 42

month loan terms

46 47 43 46 36 38 40 44

80

Operational income $ 1,040 $ 356 $ 658 $ 814 $ 424 $ 6,114 $ 11,287 $ 6,307 $ 2,273 $ 29,274

Dependants (Avg.) - Men

1.5 1.8 1.9 2.5 1.3 1.5 1.2 3.3 2.6 2

percent are

women

Don’t blink! Esperanza borrowers work so hard that today’s statistics become obsolete, tomorrow!

1 0.6 1.4 2 0 2 4.5 1.4


CONTACT INFO Website: www.esperanza.org Email: info@esperanza.org

UNITED STATES

DOMINICAN REPUBLIC

Esperanza International Foundation

Esperanza Internacional

13219 NE 20th Street, Suite 208

Frank Felix Miranda #1

Bellevue, WA 98005

Naco, Santo Domingo

Tel.: (425) 451-4359

Tel.: (809) 450-0333

Fax: (425) 451-4360

Fax: (809) 221-7962

DALLAS REGIONAL

HAITI

Esperanza International

Esperanza International

2929 Canton Street

Rue La Croix #46

Dallas, TX 75226

Trou-du-Nord, Nord-Est Dept.

“For I know the plans I have for you” declares the Lord.

“Plans to prosper you and not to harm you, plans to give you a hope and a future.” Jeremiah 29:11

The Reed Tucker, George Trent and William Wexford Grogan Bank of Hope Sponsorship Account  

An update from Esperanza International, to you!