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Dionisio
A loan of 51,750 pesos allows Dionisio to purchase rice, beans, pasta, sugar, milk, soft drinks, and other merchandise for his business. Dionisio has had his grocery store for over twenty years. He has supported himself with it his entire life and supports his children, who are ages eight and ten. His wife is a teacher in the public school system.

“I took out this loan because I want to increase my sales to support my family and make enough for my children's education," Dionisio tells us. His goal for the future is to diversify his business and utilize a space to sell spare auto and motorcycle parts, since at this time whoever wants to buy spare parts has to travel to the nearest community.
View original language description ↓
Con un préstamo de 51,750 pesos Dionisio ha podido comprar arroz, frijoles, pasta, azúcar, leche, bebidas refrescantes y otras mercancías para su negocio.
Dionisio tiene más de 20 años con su tienda de comestibles. Con la misma se ha sostenido toda su vida y mantiene a sus hijos de 8 y 10 años.
Su esposa es profesora en el sistema de educación pública.
“Tomé este préstamo porque quiero aumentar mis ventas para el sustento de mi familia y poder suplir para los estudios de mis hijos” nos dice Dionisio.
Tiene como meta futura diversificar el negocio y utilizar un espacio para vender repuestos para autos y motocicletas, ya que en este momento quienes desean comprar repuestos tienen que trasladarse a la comunidad más cercana

About Dominican Republic

  • $7,611
    Average annual income
  • 7
    View loans »
    Dominican Republic Loans Fundraising
  • $8,065,475
    Funds lent in using Kiva
  • 39.5
    Dominican Republic Pesos (DOP) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,325 helped Dionisio to purchase rice, beans, pasta, sugar, milk, soft drinks, and other merchandise for his business.
100% repaid
Repayment Term
17 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Oct 1, 2012
Listed
Oct 26, 2012
Currency Exchange Loss:
Possible
Ended:
Feb 5, 2014