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María Altagracia
From the past five years, Maria has been one of the most successful businesswomen of her community. She sells clothes, tablecloths, curtains, shoes, and also natural medicines. She has been separated from her husband for six years. Since then she has had to struggle to provide education and food for her only child, a16-year-old son.

As she lives close to a wharf, Maria buys clothing in bulk from merchant ships at very good prices and resells her products some distance away, so that the business can generate good profit. With money earned from her sales activity, she pays for her rented house, goes shopping, and buys books and notebooks for her son. The entrepreneur has requested a loan to buy bulk clothing because she is presently in short supply and her customers need clothes. The loan will help this 47- year- old woman continue with her business so as to improve her family's living conditions.

About Dominican Republic

  • $9,700
    Average annual income
  • 1
    View loans »
    Dominican Republic Loans Fundraising
  • $8,161,575
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $325 helped María Altagracia invest in the purchase of bulk clothing in order to satisfy her customers' needs.
100% repaid
Repayment Term
9 months (Additional Information)
Repayment Schedule
Monthly
Disbursed:
Nov 2, 2007
Listed
Oct 19, 2007
Currency Exchange Loss:
N/A
Ended:
May 3, 2008