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Yulvania Miguelina
Yulvania is a very young entrepreneur who is striving for a better life. She lives with her partner and has no children. She is studying Computer Sciences in the public university of Santo Domingo, in the capital.
For more than two years, Yulvania has been selling jewelry. She has different kinds of jewels in her inventory: gold-filled, silver-plated, acrylic jewels and plastic stones. When she started the business, she was just selling gold-filled jewelry. Six months ago, she obtained FSMA funds with which she could enlarge her inventory and attract more customers. This entrepreneur is very responsible and hard-working. Her discipline and sense of business helped her pay back the loan on time.


With profits from her sales activity, Yulvania pays transport to go to the university five days a week; she also helps her partner pay for their rented house, and she saves money for an emergency.

This entrepreneur hopes her business can grow so that she can have her own locale to operate her business, and that the store can get a lot of loyal customers. She has applied for a second loan to buy more goods to sell during the Christmas period. She thinks that it’s a great opportunity to increase her sales volume and thus her income. In the future, Yulvania says she will keep doing the business so that she can continue her university studies until she becomes a professional and has her own software company.

About Dominican Republic

  • $7,611
    Average annual income
  • 4
    View loans »
    Dominican Republic Loans Fundraising
  • $7,840,950
    Funds lent in using Kiva
  • 33.4
    Dominican Republic Pesos (DOP) = $1 USD

Success!! The loan was 100% repaid

A loan of $900 helped Yulvania Miguelina purchase more jewels to sell during the Christmas period.
100% repaid
Repayment Term
9 months (Additional Information)
Repayment Schedule
Monthly
Disbursed:
Dec 9, 2007
Listed
Nov 25, 2007
Currency Exchange Loss:
Covered
Ended:
Jun 10, 2008