Francisca is one of Esperanza Internacional's entrepreneurs. She came to Esperanza Internacional almost three years ago for a loan to expand her business. She joined the group Mount of Blessing in one of the rural villages in Santo Domingo, where she has received loans to invest in her business selling used clothes.
Esperanza Internacional is running a program where most of their clients pay back their loans, fulfill their commitment to expand their businesses, and show fidelity in their groups. They can request loans to improve their house structure, while running their businesses loans and attending groups meetings.
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
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Success!! The loan was 100% repaid