The Dominican Republic is a Spanish-speaking nation located on the eastern half of the island of Hispaniola in the Caribbean. The western side of Hispaniola is the country of Haiti. As of 2022, 21.5% of the Dominican population was living in poverty, with extreme poverty quite common in the rural areas.
According to the World Bank “disparities in access to economic opportunities and public services remain deep. Poverty rates are persistently high in rural areas, and women face disproportionate challenges nationwide.” 51% of women are unbanked in the DR, which is high when considering all Caribbean countries. We believe we can play an important role in addressing this disparity.
