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Daysi
Daysi, from the city of El Seibo, is one of the members having a housing loan. This is her eighth loan, which she will use to improve her house. She has had her business for over five years, starting with capital she had when she stopped working sewing in a factory. Her last loan was invested in the business, in which she makes clothes.

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 business and attending their group meetings.

Daysi lives in part of her house with her two children. Being a divorced mother, she started building this house a long time ago, working hard but she couldn't finish it, so now she is requesting this loan to buy cement and other construction materials to finish building the other rooms. 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
  • 3
    View loans »
    Dominican Republic Loans Fundraising
  • $7,840,950
    Funds lent in using Kiva
  • 41.1
    Dominican Republic Pesos (DOP) = $1 USD

Success!! The loan was 100% repaid

A loan of $925 helped Daysi to buy concrete blocks, cement, etc., to finish her house.
100% repaid
Repayment Term
22 months (Additional Information)
Repayment Schedule
Irregularly
Pre-Disbursed:
Mar 26, 2013
Listed
Apr 28, 2013
Currency Exchange Loss:
Possible
Ended:
Oct 17, 2014