I would take the loan in USD or EUR any time over loan in RDP. Even considering currency fluctuations, there are ways you can hedge against currency risks, such as futures and options. There are many tools on forex market that allow you to hedge against the risk.
Have you also considered fronting loan or parallel loan through a UK or major European bank?
Even without any forex hedge tools, the pure difference in the exchange rates (6-7% in the UK vs 18 to 20% in the DR) would warrant the loan in foreign currency, because the probability of currency fluctuation by more than the difference in interest rates is highly unlikely.
From the very business financial perspective I understand you want to borrow in RDP. But unless you have a track record here, as mentioned already, it will be very difficult to do.
Your better option is to do a direct loan from European bank and cover your currency risks by hedging on forex, using forward exchange market hedge, money market hedge or hedge using currency futures. You probbaly won't have much luck to get arrangements for parallel loan, but consider also fronting loan via European bank with direct access to the DR.
Good luck.
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