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Bielka
Bielka lives with her long-term partner and their three children in the city of Santiago. She has run her beauty salon business on her balcony for over four years, having started it with her own capital. Her latest loan was invested in the business.

This is Bielka's fourth loan which she will use to finish building her house. Many years ago, Bielka started building her house, and with her business profits, she has been able to build her house little by little. Now Bielka wants to invest this loan to buy construction materials such as cement, tiles, concrete blocks, etc.

Esperanza Internacional runs a program for their good clients who are reliable in repaying 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.

Bielka thanks God, Esperanza Internacional and all of you for this opportunity. In her name and that of her family, thanks to 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.

Tags

About Dominican Republic

  • $7,611
    Average annual income
  • 5
    View loans »
    Dominican Republic Loans Fundraising
  • $7,912,075
    Funds lent in using Kiva
  • 42.5
    Dominican Republic Pesos (DOP) = $1 USD
Paying Back

This loan has been fully funded!

A loan of $950 helped Bielka to buy construction materials such as cement, tiles, concrete blocks, etc.
93% repaid
Repayment Term
20 months (Additional Information)
Repayment Schedule
Irregularly
Pre-Disbursed:
Sep 2, 2013
Listed
Oct 9, 2013
Currency Exchange Loss:
Possible