The school was created in 1959 and had one teacher. Today it has one principal and nine teachers. The school has 106 students and operates on an annual budget of $9,300. Folklore has it that one of the town’s citizens, Ramona Barrantes, once took a rock from the dried creek behind the school and went to the Basilica of Cartago where the national Saint is located. She brought the rock back and the town’s people called it “La Esperanza” which means “the hope”. After throwing the rock into the creek bed, water flowed down the creek from that time on.  The school address is Frente a la plaza de deportes del centro de Esperanza (Located in front of the sports plaza in Espranza of Garza).