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Nidia
Nidia is one of Esperanza International Dominican Republic's entrepreneurs. She came to Esperanza International Dominican Republic almost five years ago, for a loan to expand her business. She joined the group, Las Vecinas (neighbors), in one of the rural villages in Samana. She has received ten loans to invest in her business, selling jewels.

Esperanza International Dominican Republic is running a program in which most of their clients pay back their loans, fulfill the commitment to expand their businesses, and show fidelity to their groups. They can request loans to improve their houses, while running their businesses, and attending group meetings.

Nidia is a married woman, with three children.Years ago, she started building her house and now she is requesting a loan to have her house floor finished. With this loan, she will purchase cement, sand, and other building materials to make the floor and she will also pay for the building labor. She thanks you all 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
  • 11
    View loans »
    Dominican Republic Loans Fundraising
  • $8,228,650
    Funds lent in using Kiva
  • 42.3
    Dominican Republic Pesos (DOP) = $1 USD

Success!! The loan was 100% repaid

A loan of $500 helped Nidia to buy cement, sand, and other building materials.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jul 24, 2013
Listed
Aug 30, 2013
Currency Exchange Loss:
Possible
Ended:
Jun 17, 2014