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Andres is running a spare parts and lubricant store, in his community in the city of Hato Mayor, an agricultural city surrounded by valleys and mountains. Andres makes his home in a simple structure with his wife and their three children. He has been doing this business for seven years. He told us that he started his business with the first loan he took from Esperanza, with a maximum amount of US$150. He will invest this loan to buy lubricants from different brands.

Andres took his first loan because he wanted to have his own business but he didn't have his own capital. After different loans and investing each one in his business, he has been able to grow his business. He will use his profits to invest in his business and provide for his family. He thanks you all for your support.

About Dominican Republic

  • $9,700
    Average annual income
  • 1
    View loans »
    Dominican Republic Loans Fundraising
  • $8,275,775
    Funds lent in using Kiva
  • 39.1
    Dominican Republic Pesos (DOP) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,300 helped Andres to buy spare parts and lubricants.
100% repaid
Repayment Term
13 months (Additional Information)
Repayment Schedule
Jun 15, 2012
Jul 17, 2012
Currency Exchange Loss:
Apr 17, 2013