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Aida Luz
With her previous loan, Aida was able to buy a variety of merchandise in bulk and with cash so that she could fulfill her orders. At the same time, she also invested in cases of soft drinks and beer so that she could sell them to her customers on the weekends. Now she plans to invest a new infusion of operating capital into her business. With her Kiva loan, Aida will stock up on inventory because she expects to see a significant increase in sales and profits during the second half of the year. She sends the following message to Kiva lenders: “I am grateful for your financial support.”


With the assistance provided to her business, Aida was able to improve her income, improve her children’s education, and stabilize the finances of her micro-enterprise. To learn more about Aida’s story, please click on the following link: http://kiva.org/lend/199721

View original language description ↓
Aida con su credikiva anterior, compró al por mayor y de contado, mercancías variadas y respondió a sus pedidos. Así mismo invirtió en cajas de refrescos y de cervezas con las cuales abasteció sus fines de semana a sus clientes. Ahora planea invertir un nuevo capital de trabajo a su negocio, con su Credikiva, pues conoce que el segundo semestre del año si tiene inventarios sus ventas y utilidades aumentarán significativamente. Ella envía el siguiente mensaje a los financiadores de Kiva: “Estoy agradecida con su financiación” esto es porque con el apoyo a su negocio, ha logrado mejorar sus ingresos, mejorar la educación de sus hijos y la estabilización económica de su microempresa. Si usted quiere conocer la historia de Aida, ingrese al siguiente enlace: http://kiva.org/lend/199721

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
  • 247
    View loans »
    Colombia Loans Fundraising
  • $13,479,900
    Funds lent in using Kiva
  • 1,778.0
    Colombia Pesos (COP) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,200 helped Aida Luz to buy a variety of merchandise such as shoes, bags, perfumes, soft drinks, and beer.
100% repaid
Repayment Term
20 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Aug 11, 2011
Listed
Sep 6, 2011
Currency Exchange Loss:
Covered
Ended:
Mar 15, 2013