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Faustina
Faustina is said to be a many-sided woman. She is the kind of person that is willing to improve her life and is ready to strive to achieve her goals. She has three sons, aged 17, 16 and 13. All of them attend school.



Faustina has been selling women’s and children’s clothing for ten years. Recently she started to sell sandwiches and juice with a loan she took from FSMA. She operates the two activities in a much crowded place. The elder son helps her sell the goods. Her businesses have been very profitable insomuch as she could repay the loan and put asiD. money to keep on investing in her activities. At present, she has more facilities to help meet the expenses of the family and she is in better condition to improve the education of her children.



Faustina needs funds to purchase raw materials to supply her sandwich and juice business. She will keep preparing the dishes and will let her son run the business in the morning. She will concentrate upon the clothing sales. She explains that with just one activity she won’t be able to bear all the expenses of her family. She hopes she can get the funds soon to ensure the subsistence of her sales and make sure she can keep on improving her family’s living conditions.

About Dominican Republic

  • $7,611
    Average annual income
  • 0
    View loans »
    Dominican Republic Loans Fundraising
  • $7,918,800
    Funds lent in using Kiva
  • 33.5
    Dominican Republic Pesos (DOP) = $1 USD

Success!! The loan was 100% repaid

A loan of $450 helped Faustina to buy raw materials to prepare sandwiches and juice for a small business.
100% repaid
Repayment Term
9 months (Additional Information)
Repayment Schedule
Monthly
Disbursed:
Dec 12, 2007
Listed
Nov 27, 2007
Currency Exchange Loss:
Covered
Ended:
Jun 12, 2008