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Gina
Gina is a single mother and has a child. She had been living in deteriorated housing and decided to start building a house. She took out loans with Esperanza almost three years ago to expand her business selling fried food. She used most of her profits to build her house. Now she is requesting a loan to improve her house by purchasing building materials to finish building the walls, part of the roof and also some windows.

Gina 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 Trabajando para el futuro (Working for the future) in one of the rural villages in Samana, where she has received five loans to invest in her business. Esperanza Internacional is running a program where most of their clients pay back their loans, fulfill the 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

  • $7,611
    Average annual income
  • 6
    View loans »
    Dominican Republic Loans Fundraising
  • $7,840,950
    Funds lent in using Kiva
  • 40.7
    Dominican Republic Pesos (DOP) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,225 helped Gina to buy building materials (concrete blocks, cement, etc.).
100% repaid
Repayment Term
26 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jan 31, 2013
Listed
Feb 7, 2013
Currency Exchange Loss:
Possible
Ended:
Jan 17, 2015