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3 people are supporting Berenice Escudero

Berenice Escudero

City: Cucuta Country: Colombia Loan Use: To buy school supplies for her kid.
Loan Term: 40 Date Posted:  First Repayment: December 06, 2018
Opportunity International Client Berenice Escudero

Berenice Escudero is a hardworking, single mom and entrepreneur who lives in Cucuta, Colombia with her three young children. For the past few years, Berenice has owned and operated a hair salon in her community. Berenice works hard to stay up-to-date on the latest style trends and to ensure her clients are satisfied with her services. Despite her hard work, it hasn’t always been easy for Berenice, especially as a single mother. In fact, there were days when she worried she would not be able to keep food on the table. But, everything began to change when a friend introduced her to Opportunity International. After joining, Berenice received financial training and a loan to purchase more hair tools and styling products for her studio. With more supplies, Berenice was able to offer a greater diversity of quality hairstyles to her customers. This attracted new patrons and led to increased sales. Looking to the future, Berenice hopes to strengthen her business enough to hire more full-time employees to meet the growing demand. Thanks to the loan she received, Berenice can continue to grow the business she loves while providing for her children.

Frequently Asked Questions

How do entrepreneurs become Opportunity International loan clients?

Opportunity International conducts interviews with prospective clients to get a better understanding of their situation, so we can construct a loan that’s tailored to their needs and capabilities.

If I help fund a loan, should I expect to be paid back?

When you help to fund a loan, you are making a donation to Opportunity International. When those funds are repaid by the client, the funds remain in the country where the original client’s loan was disbursed, so that it can help fund more loans. Your initial gift continues to have an impact after the first loan is repaid.

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