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Griselda has a housing loan from the city of Hato Mayor. This is her 11th loan, which she will use to improve her house. She has had her sales business for more than five years, starting with her own savings. With her last loan, she invested in her business, where she sells cosmetics and other products. Griselda is a single mother with three children. She works and lives in a rural town in Sabana de la Mar in the city of Hato Mayor. She will use this loan to buy cement, concrete blocks, windows and other construction materials to finish building her house.

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 as running their businesses and attending group meetings.

In her name and that of her family, Griselda 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
  • $8,374,650
    Funds lent in using Kiva
  • 41.1
    Dominican Republic Pesos (DOP) = $1 USD