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Elena A., a proud Dominican mother of three and owner of De Todo Elena, provides such refreshments as coffee and juice to her community of Barrio Dubeau in the northern province of Puerto Plata in the Dominican Republic. With this loan, Elena intends on expanding her current inventory of coffee, tea, plastic cups, and silverware to better serve her community. As a mother raising Alfonso (age 11), Naomi (age 10), and Amauri (age 21), Elena uses the income from her business to supplement her husband’s full time job.

Note: Elena is one of five microentrepreneurs in her Bank of Hope solidarity group, all of whom have gone through Esperanza's business training courses. Each of the five members will receive a share of this $750 loan for their respective businesses and will be accountable to each other for repaying their share of this loan together. This group-lending methodology ensures that members cooperate to help one another repay their loans and invest wisely in their businesses and families.

About Dominican Republic

  • $7,611
    Average annual income
  • 5
    View loans »
    Dominican Republic Loans Fundraising
  • $7,912,075
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $750 helped Elena to purchase coffee, tea, cream, and plastic cups.
100% repaid
Repayment Term
9 months (Additional Information)
Repayment Schedule
Aug 10, 2007
Jul 26, 2007
Currency Exchange Loss:
Jan 27, 2008