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Ana
Ana H. is applying for her second Kiva loan. She will use it to buy raw materials, supplies and fruit. She will also make some structural improvements to her premises. These investments are likely to be successful because Ana sells to order and she has a lot of customers who make a lot of regular purchases, as do local stores. As her production space is proving to be very small, she urgently needs to make some changes in order to speed up her production process.

Ana is very happy with the loans she has received from Fundación Mario Santo Domingo and she gives thanks to Kiva lenders for supporting her as she strives to get ahead in life. She has had a weight taken from her shoulders as previous loans that she took from private individuals charged very high interest rates. Ana used previous loans to buy her mill which has enabled her to increase her production and her sales. This has all helped to improve her standard of living. If you would like to know more about Ana's story, please click on the following link: http://kiva.org/lend/177081
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Ana H. està aplicando a su segundo credikiva, con el cual comprarà materias primas e insumos, frutas de cosecha y tambien haria mejoras locativas a sus instalaciones; inversiones que proyectan ser exitosas porque vende sobre pedidos y tiene muchos clientes especiales por el volumen y la cosntancia de sus compras como las tiendas del sector y como està quedandole su espacio productivo muy pequeño necesita urgentemente hacer reformas para agilizar su proceso. Con los creditos de la Fundaciòn Mario Santo Domingo, Ana se encuentra muy feliz y da las gracias a sus financiadores en Kiva por apoyarla a salir adelante y quitarle un peso de encima con los prestamos anteriores a particulares que ella tomaba con intereses muy altos; Ana tambien con los crèditos logrò comprar su molino que le ha permitido aumentar su producciòn y asi mimo sus ventas y todo en vias de mejorar su nivel de vida. Si usted quiere conocer la historia e Ana puede ingresar al siguiente enlace:
http://kiva.org/lend/177081

Additional Information

About Fundación Mario Santo Domingo

Fundación Mario Santo Domingo (FMSD) is a non-profit organization in northern Colombia dedicated to developing programs for the country’s poorest communities. In addition to numerous social services, FMSD runs a microfinance program to strengthen micro-businesses in the areas where it works. The organization also offers several non-financial components as part of this program, including training to help entrepreneurs start their own businesses.

About Colombia

  • $6,070
    Average annual income
  • 249
    View loans »
    Colombia Loans Fundraising
  • $13,361,775
    Funds lent in using Kiva
  • 1,872.5
    Colombia Pesos (COP) = $1 USD

Success!! The loan was 100% repaid

A loan of $875 helped Ana to buy raw materials, supplies and fresh fruit, and also to make some structural improvements to her premises.
100% repaid
Repayment Term
15 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Mar 18, 2011
Listed
Mar 24, 2011
Currency Exchange Loss:
Covered
Ended:
May 15, 2012