Check out some available loans that are similar to this one!
Maria, from the city of Puerto Plata, is one of the members taking a housing loan. This is her 6th 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 blankets and quilts. Her last loan was invested in the business, where she sells used clothes, bed clothing and underwear.

Esperanza Internacional runs a program for their good clients who are reliable in paying back their loans, who have fulfilled their 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.

Maria wants to continue building her house, and with this loan she will change some deteriorated wood walls and the zinc roof with new concrete block walls, and she will also make a roof with new zinc. Before she started but she knew she didn't have enough capital to finish. She is requesting this loan to buy cement, concrete blocks, zinc, and other building materials. 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

  • $9,700
    Average annual income
  • 0
    View loans »
    Dominican Republic Loans Fundraising
  • $8,583,700
    Funds lent in using Kiva
  • 41.2
    Dominican Republic Pesos (DOP) = $1 USD