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Vicenta
Vicenta is one of the members with a housing loan from the city of Samana. This is her 13th loan, which she will use to improve her house. She has had her food-selling business for over eight years, starting with her own capital. With her last loan, she invested in her business, where she sells fried food.

Esperanza International Dominican Republic runs a program for their good clients who are reliable in paying back their loans, who have fulfilled the commitment to grow their businesses and who have shown fidelity in their groups. This allows them to take out a loan to improve the structure of their house at the same time running their business and attending their group meetings.

Vicenta is the mother of five children and they live together with her and her long-term partner. She works and lives in a rural town in Samana. She will use this loan to buy cement, concrete blocks and other construction materials to change the wood walls in her house to concrete blocks. She thanks God, Esperanza International Dominican Republic and all of you for this opportunity. In her name and that of her family, she thanks all of you for your support!

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

  • $9,700
    Average annual income
  • 2
    View loans »
    Dominican Republic Loans Fundraising
  • $8,168,250
    Funds lent in using Kiva
  • 40.8
    Dominican Republic Pesos (DOP) = $1 USD