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Laura
Laura is the mother of four daughters, aged 12, 10, 7 and 2. On top of running her household, she manages a small store attached to the front of her house. It is a specialty items store featuring office supplies, accessories for making crafts, and personal hygiene products. The loan will be used to expand the inventory of her business.


She lives in a neighborhood called Chavón in the Los Alcarrizos barrio (neighborhood) of Santo Domingo province in the Dominican Republic. Her three eldest daughters attend school and enjoy playing baseball and other outdoor activities with their friends.


NOTE: Laura is a member of the "La Emresaria" group, along with four other entrepreneurs. They will be accountable to one another for paying back their loan of $750. This group lending method requires group members to help one another throughout the loan repayment process. Loans are paid back as a group. If one person is deficient on their loan, the group must make up the difference. Everyone in Laura's group has gone through Esperanza's training and proven to be responsible and determined to not only pay back their loan, but also to provide for their children.

About Dominican Republic

  • $9,700
    Average annual income
  • 4
    View loans »
    Dominican Republic Loans Fundraising
  • $8,150,000
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD
Paid Back
A loan of $750 helped Laura expanding her inventory of craft-making accessories and various supplies.
116% repaid
Repayment Term
9 months (Additional Information)
Repayment Schedule
Monthly
Disbursed:
Mar 6, 2007
Listed
Feb 19, 2007
Currency Exchange Loss:
N/A
Ended:
Sep 7, 2007