Check out some available loans that are similar to this one!
Francisca
Francisca is a hardworking mother who raised her children while she was working to bring income to her house, which she is still doing for her livelihood in her small and slum community on the outside of Santo Domingo's north. Francisca has been taking loans with Esperanza for almost 3 years, belonging to the group Mount of Blessing 1. She is accessing this loan to give her four children a new home. They live in deteriorated housing, and she is requesting a loan which she will use to improve her house by purchasing building materials to change her weakened walls made of wood, for concrete blocks. She will also be doing different changes to the roof and floor.

Francisca is one of Esperanza Internacional's entrepreneurs. She came to Esperanza Internacional almost three years ago for a loan to expand her business. She joined the group Mount of Blessing in one of the rural villages in Santo Domingo, where she has received loans to invest in her business selling used clothes.

Esperanza Internacional is running a program where most of their clients pay back their loans, fulfill their commitment to expand their businesses, and show fidelity in their groups. They can request loans to improve their house structure, while running their businesses loans and attending groups meetings.

Additional Information

About Housing Loans

Many poor families cannot afford housing that meets their needs. When you make a housing loan on Kiva, you give people access to flexible capital to obtain or improve their homes. Better housing means better health, sanitation, and even educational outcomes for children. A house can also be much more for entrepreneurs who run businesses out of their homes. In this way, housing and small business loans on Kiva share a common purpose: to alleviate poverty and enable families to enjoy more stable lives.

About Dominican Republic

  • $9,700
    Average annual income
  • 11
    View loans »
    Dominican Republic Loans Fundraising
  • $8,228,650
    Funds lent in using Kiva
  • 38.9
    Dominican Republic Pesos (DOP) = $1 USD
Ended with Loss - Currency Exchange Loss learn more
A loan of $1,300 helped Francisca to buy construction materials like concrete blocks and cement.
99% repaid
Repayment Term
25 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jun 20, 2012
Listed
Jul 23, 2012
Currency Exchange Loss:
Possible
Ended:
Jun 17, 2014