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Antia
With a 67,275 pesos loan Antia was able to pay off a debt she had with an informal lender that she had to pay more than 100% interest annually on with her house as collateral. Every month Antia had to find capital and a high interest to repay a loan that due to lack of information she took out with an informal lender. This caused her to lose sleep when payment day was approaching because she didn’t know where she was going to find the money needed to repay the debt. Antia’s husband is a master builder and works as a contractor which means that when he does not have any jobs lined up there also is no household income.

Antia has a small business selling personal care items like shampoo, deodorant and body lotion and she’s also an independent representative for a catalogue sales firm.

Antia has three children who are 20, 15 and 12 years of age; the oldest works and the two younger ones attend school. Anita’s greatest dream is to support her children so that they can have university careers.
View original language description ↓
Con un préstamo de 67,275 pesos Antia ha podido liberarse de una deuda con un prestamista informal al que debia de pagar más de un 100% de interés anual con su casa como garantía. Cada mes Antia tenía que buscar el capital y un alto interés para repagar un préstamo que por falta de orientación tomó con un prestamista informal. Esto hacía que cuando se estaba acercando la fecha de pago Antia no pudiera conciliar el sueño pensando dónde habría de buscar el dinero para repagar la deuda. El esposo de Antia es maestro constructor y trabaja como contratista, es decir que cuando no tiene trabajo que realizar, tampoco hay ingresos para su hogar.
Antia tiene un pequeño negocio de venta de articulos de cuidado personal, tales como shampoo, desodorante, lociones para el cuerpo. Además es representante independiente de venta de productos por catálogo.
Antia tiene 3 hijos de 20, 15 y 12 años. el mayor trabaja y los dos menores asisten a la escuela.
El mayor sueño de Antia es apoyar a sus hijos para que puedan tener una carrera universitaria.

Additional Information

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About Dominican Republic

  • $9,700
    Average annual income
  • 1
    View loans »
    Dominican Republic Loans Fundraising
  • $8,168,250
    Funds lent in using Kiva
  • 38.9
    Dominican Republic Pesos (DOP) = $1 USD
Ended with Loss - Currency Exchange Loss learn more
A loan of $1,750 helped Antia to pay off a debt.
99% repaid
Repayment Term
22 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jul 18, 2012
Listed
Jul 30, 2012
Currency Exchange Loss:
Possible
Ended:
May 28, 2014