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Leonidas
Leonidas, from the city of Hato Mayor, is one of the members taking a housing loan. This is her 16th loan, which she will use to improve her house. She has had her business for over nine years, having started it with her first loan. Her latest loan was invested in the business, in which she sells underwear.

Esperanza Internacional runs a program for their good clients who are reliable in paying back their loans, who have fulfilled the commitment to grow their business, 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 as running their businesses and attending their group meetings.

Leonidas wants to continue building her house with this loan by making a change in her kitchen by replacing the ceramic or tiles. Leonidas is requesting this loan to buy cement, ceramics or tiles, decoration items, and other building materials. She wishes to have a safe and nice home, as well as to have an improved business. She thanks God, Esperanza Internacional, and all of you for this opportunity. In her name and that of her family, thanks to 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

  • $7,611
    Average annual income
  • 2
    View loans »
    Dominican Republic Loans Fundraising
  • $8,065,475
    Funds lent in using Kiva
  • 41.1
    Dominican Republic Pesos (DOP) = $1 USD