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Socorro
With a loan of 21,000 DOP, Socorro has been able to buy a shampoo station and chair for her beauty salon. Her goal through this investment is to increase her clientele and the income she earns through her business. Socorro is married and her husband is a master builder. They have four children, ages 14, 11, 7 and 2, and all the school-aged ones attend school.

Everyday Socorro makes every effort to provide the best customer service she can, since competition between beauty salons is huge in the Dominican Republic. It is the second most popular business, as the Dominican women go to the beauty salon on average once a week. Socorro charges 2.50 USD to style hair.

Socorro and her husband want to make sure they can provide the best nutrition and a good education for their children.
View original language description ↓
Con un préstamo de 21,000 pesos Socorro ha podido comprar una estación para lavar el pelo y un sillón para su salón de belleza. Su intención es que con ésta inversión su clientela aumente y por ende los ingresos que ella percibe a través del negocio. Socorro es casada, su esposo es maestro constructor y juntos han procreado a cuatro hijos de 14, 11, 7 y 2 años, todos los que están en edad escolar están asistiendo a la escuela.
Socorro se esfuerza cada día en brindarle un buen servicio a sus clientes, pues la competencia en salones de belleza es muy grande en la República Dominicana. Es el segundo negocio más popular. La mujer dominicana va en promedio 1 vez a la semana al salón de belleza. En el barrio de Socorro se cobra 2.50 USD por estilizar el pelo.
Socorro y su esposo quiere asegurarse de proveerles una mejor alimentación a sus hijos, así como una buena educación.

About Dominican Republic

  • $9,700
    Average annual income
  • 15
    View loans »
    Dominican Republic Loans Fundraising
  • $8,245,750
    Funds lent in using Kiva
  • 39.0
    Dominican Republic Pesos (DOP) = $1 USD

Success!! The loan was 100% repaid

A loan of $550 helped Socorro to buy a shampoo station and chair for her beauty salon.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jul 4, 2012
Listed
Jul 29, 2012
Currency Exchange Loss:
Possible
Ended:
Sep 4, 2013