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Katerina
Katerina has a housing loan from Esperanza International. This is her 5th loan, which she will use to improve her house. She has had s household products sales business for over five years,which she starting with her own savings. With her last loan, she increased inventory.

Katerina is a single mother of one child. She works and lives in the rural town in San Pedro de Macoris. She will use this loan to buy cement to cover her concrete block walls and also will buy windows and doors to finish building her house.

Esperanza International Dominican Republic 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 fidelity in their groups. This allows them to take out a loan to improve the structure of their house at the same time running their business and attending their group meetings. Katerina thanks God, Esperanza International Dominican Republic and all of you for this opportunity. In her name and that of her family, she thanks 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
  • 6
    View loans »
    Dominican Republic Loans Fundraising
  • $7,981,250
    Funds lent in using Kiva
  • 42.6
    Dominican Republic Pesos (DOP) = $1 USD
Paying Back

This loan has been fully funded!

A loan of $1,175 helped Katerina to buy doors, windows, and cement to finish building her house.
74% repaid
Repayment Term
26 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Sep 17, 2013
Listed
Oct 23, 2013
Currency Exchange Loss:
Possible