Dominican Republic

There are few microfinance services targeting the poorest of the poor and those living in remote rural areas in the Dominican Republic.

• Two million people (21 percent of the population) are undernourished
• Infrastructure is insufficient, as there are only nine telephone lines per 100 people, and 10 percent of the rural population has no access to sterile drinking water
• The Dominican Republic is 91st among nations in the social well-being of its people, as measured by the Human Development Index

Grameen Foundation first began supporting microfinance in the Dominican Republic in 2004 and we currently provide financing to Esperanza International.