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Marisol
Marisol, from the city of Hato Mayor, is one of the members taking a housing loan. This is her 10th loan, which she will use to improve her house. She has had her business for more than five years, having started it with her first loan. Her latest loan was invested in the business, in which she sells natural medicine.

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 businesses, and who have shown faithfulness 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.

Marisol wants to finish building her house by painting it and installing gates on the balcony to protect access to her house. Here in the Dominican Republic, this is a way to be safe from thieves. Marisol is requesting this loan to pay to the hammerman for the gates. She wishes to have a safe and nice home. Thanks to God's will, she could save to build her house with her business profits and her husband's extra income. She thanks God, Esperanza Internacional, and all of you for this opportunity. On behalf of her and 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
  • 10
    View loans »
    Dominican Republic Loans Fundraising
  • $8,003,200
    Funds lent in using Kiva
  • 41.2
    Dominican Republic Pesos (DOP) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,225 helped Marisol to buy paint and home protection (iron gates).
100% repaid
Repayment Term
16 months (Additional Information)
Repayment Schedule
Irregularly
Pre-Disbursed:
Apr 30, 2013
Listed
May 28, 2013
Currency Exchange Loss:
Possible
Ended:
Apr 16, 2014