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Eduardo Antonio

Update on Eduardo Antonio

Eduardo purchased many things with his earlier Kiva loan, such as meat. sodas, vegetables, spices, disposable items, plastic chairs, and also invested in the sports shoes and clothing which sold very well and invested in. He is very satisfied, and for this reason is applying for a new Kiva loan to purchase a hot-dog cart and a table-game to provide a comfortable and good quality atmosphere for his customers.

His message to the Kiva lenders is as follows: "Continue to support the great work, as it is very important to feel the support of people who want you to fulfill many dreams and goals, and with your help, you are supporting the construction of the large businesses of tomorrow"
View original language description ↓
Eduardo compró con su anterior credikiva, muchas cosas, como carnes, refrescos, verduras, salsas, desechables, sillas plásticas y también invirtió en calzado y ropa deportiva que vendió muy bien e invirtió. El se siente muy satisfecho y por eso está aplicando a un nuevo credikiva, para comprar un carro de perros calientes y un juego de mesas para brindar un ambiente confortable y de calidad a sus clientes. Su mensaje a los financiadores de Kiva es el siguiente: “Que sigan apoyando la gran labor, ya que es muy importante sentir el respaldo de personas que quieren que uno cumpla muchos sueños y metas y con su ayuda está apoyando la construcción de grandes empresas del futuro.”

Previous Loan Details

Eduardo Antonio, 42, operates a business selling prepared food in two city neighborhoods. His partner, with whom he has 5 children, helps him. Eduardo started the business working, with his brother for 17 years, then striking off on his own by investing his savings in a similar business. He st... More from Eduardo Antonio'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

  • $6,070
    Average annual income
  • 394
    View loans »
    Colombia Loans Fundraising
  • $14,624,375
    Funds lent in using Kiva
  • 1,945.0
    Colombia Pesos (COP) = $1 USD

Success!! The loan was 100% repaid

A loan of $775 helped Eduardo Antonio to purchase a hot-dog cart and table-game to provide a comfortable and good quality atmosphere for his customers.
100% repaid
Repayment Term
18 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Nov 29, 2011
Listed
Dec 6, 2011
Currency Exchange Loss:
Covered
Ended:
Dec 15, 2012