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Elva Maria
Elva, age 73, invested in the purchase of supplies like rice, flour, school supplies, toys, and items that have a high turnover. She is very happy with her Kiva loan, and she is currently preparing for the next loan.

She will use it to buy more supplies in greater volume. They give her a magnificent margin of contribution, and there is a good demand in the market. With her investment she has managed to increase her income and contribute more to the family expenses.

Her message to the lenders is the following: “Keep doing this work that is very important to all of the micro- entrepreneurs; it offers us a better life.”

If you want to know Elva’s history, go to the following site: http://kiva.org/lend/172764
View original language description ↓
Elva D. 73 años invirtió en la compra D. insumos como arroz, harina, útiles escolares, productos D. juguetería y artículos D. gran rotación, ella está muy satisfecha con su credikiva y en la actualidad se prepara para el siguiente financiamiento, con el cual comprará víveres en mayor volumen pues le proporcionan un magnifico margen D. contribución y tienen buena demanda en el mercado. Con su inversión ha logrado incrementar sus ingresos y aportarle más al gasto familiar
Su mensaje a los financiadores es el siguiente:“Que sigan cumpliendo con esa labor muy importante para todos los microempresarios que a la vez nos ofrece un mejor vivir”.
Si usted quiere conocer la historia D. Elva ingrese al siguiente enlace:
http://kiva.org/lend/172764

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

  • $11,100
    Average annual income
  • 465
    View loans »
    Colombia Loans Fundraising
  • $14,958,950
    Funds lent in using Kiva
  • 1,785.0
    Colombia Pesos (COP) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,125 helped Elva Maria to buy supplies like rice, flour, and school supplies in greater volume.
100% repaid
Repayment Term
21 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Aug 18, 2011
Listed
Sep 4, 2011
Currency Exchange Loss:
Covered
Ended:
May 19, 2013