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Francisca
Francisca, from the city of Puerto Plata, is one of the members taking a housing loan. This is her 5th loan, which she will use to improve her house. She has had her business for over four years, having started it with her own capital, selling fruit and vegetables. Her latest loan was invested in the business, which is now a small grocery store.

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.

Francisca wants to continue building her house, and with this loan she will finish building a bathroom. She is requesting this loan to buy cement, ceramics or tiles, a toilet and other bathroom's pieces). Also she is planning to buy paint. 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
  • 4
    View loans »
    Dominican Republic Loans Fundraising
  • $7,840,950
    Funds lent in using Kiva
  • 41.2
    Dominican Republic Pesos (DOP) = $1 USD
Paying Back

This loan has been fully funded!

A loan of $1,100 helped Francisca to buy bathroom parts (Toilet, Shower, tiles, etc.).
61% repaid
Repayment Term
33 months (Additional Information)
Repayment Schedule
Irregularly
Pre-Disbursed:
Apr 30, 2013
Listed
May 28, 2013
Currency Exchange Loss:
Possible