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Giovanna Jazelli

Update on Giovanna Jazelli

Giovanna is again applying for a Kiva loan in the last trimester of the year, precisely to invest it in women's accessories, stationery items, and Christmas decorations.

She is grateful for her investments and once again she appreciates the trust that the financial backers have placed in her.
View original language description ↓
Nuevamente Giovanna está aplicando a su credikiva en el último trimestre del año y esto es justamente para invertirlo en accesorios femeninos papelería y adornos navideños . Ella se siente muy agradecida con sus inversiones y una vez mas agradece la confianza que los financiadores han depositado en ella.

Previous Loan Details

Giovanna planned everything very well. She repaid her Kiva loan quickly in order to renew it now and reinvest again during this season that promises much commercial movement. The end of the year and especially the beginning of the year when the school year starts is when her most profitable cus... More from Giovanna Jazelli's previous loan »

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.

Concurrent and Successive Loans

Our Field Partners often work with borrowers over a series of loans as the borrowers build credit, take out bigger loans, and expand their businesses. In order to make it easier for our Field Partners to post loans for borrowers who have been listed on Kiva before, we allow them to post successive and concurrent loans for their Kiva borrowers. This means that our Field Partners are able to post a borrower's second, third, etc., loan on Kiva without having to re-enter all of the borrower's information.

This borrower has been listed on Kiva before, so you'll see an updated loan description, as well as excerpts of the original descriptions from earlier loans. Most borrowers take out loans consecutively, meaning that they receive a second loan after having repaid the first. However, sometimes our Field Partners give out concurrent loans, allowing borrowers to take out one primary loan and a secondary "add-on" loan along with it. These "add-on" loans are typically smaller than the borrower's primary loan and serve a different purpose. Because Field Partners can now post loans as successive and concurrent loans, you will be able to track borrower progress over time and see the various ways a borrower is working with our Field Partners through funds from Kiva’s lenders.

About Colombia

  • $11,100
    Average annual income
  • 471
    View loans »
    Colombia Loans Fundraising
  • $15,266,950
    Funds lent in using Kiva
  • 1,920.0
    Colombia Pesos (COP) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,050 helped Giovanna Jazelli to buy women's accessories, stationery items, and holiday decorations.
100% repaid
Repayment Term
15 months (Additional Information)
Repayment Schedule
Nov 11, 2011
Nov 22, 2011
Currency Exchange Loss:
Feb 17, 2013
This photo was used before for a previous loan for Giovanna Jazelli. It was first posted on Kiva on Nov, 2010. Learn More