Check out some available loans that are similar to this one!
Mercedes has a long term partner, two children and lives in the rural area surrounding Hato Mayor, an agricultural area. This area, like nearly all impoverished areas of the Dominican Republic, suffers from unreliable running water (none of which is potable) and electricity.

For around twenty years Mercedes has operated a colmado, a shop where you can find basic food staples. Colmados are within short walking distances from neighborhood homes. Mercedes started her business with her savings. She plans to use this loan, her seventh, to buy rice, flour and other foods. She will use the profits to reinvest in her business. She is one of our entrepreneurs who has had her business improved through an individual loan.

Mercedes says that her biggest challenge is to buy a vehicle. In the meantime, she plans to continue enjoying doing business and spending time with her family. Mercedes’ story is generally representative of her group and of Esperanza's Haitian and Dominican clients, many of whom recently emigrated to the Dominican Republic from Haiti.

About Dominican Republic

  • $9,700
    Average annual income
  • 1
    View loans »
    Dominican Republic Loans Fundraising
  • $8,275,775
    Funds lent in using Kiva
  • 37.3
    Dominican Republic Pesos (DOP) = $1 USD

Success!! The loan was 100% repaid

A loan of $675 helped Mercedes to buy rice, flour and other staples for her store.
100% repaid
Repayment Term
12 months (Additional Information)
Repayment Schedule
Dec 1, 2010
Jan 1, 2011
Currency Exchange Loss:
Nov 15, 2011