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Ledis Esther

Update on Ledis Esther

Ever since Ledis got her Kiva loan her business has increased in value; she has more orders, is teaching crafts classes and her sales have increased.

She is currently applying for her Kiva loan that she’ll use to buy supplies to make foam crafts and to buy new tools that will help her polish her crafts.

Her goal for later on is to continue perfecting her art through specialized courses that she wants to alternate with cooking classes to offer food to her clientele.

Her message to lenders is the following: “We are very grateful to the lenders and hope that they will continue supporting us so that we can get ahead with our businesses and make them really pretty in the not too distant future.”
View original language description ↓
Ledis desde que recibió su credikiva, su negocio se ha valorizado, tiene mas pedidos y ofrece cursos de manualidades y sus ventas se incrementaron. En la actualidad está aplicando a su credikiva con el cual comprará insumos para elaborar productos en fomí y nuevas herramientas que le ayudan a pulir sus artesanías. Su meta mas adelante es continuar perfeccionando su arte mediante los estudios especializados y alterrnarlo con cursos de gastronomía para ofrecer al mercado, alimentos a su clientela. Su mensaje a los financiadores es el siguiente: " Muy agradecidos con los financistas y ojalá sigan apoyándonos para sacar adelante nuestros negocios y hacerlos bien bonitos en el futuro no muy lejano. "

Previous Loan Details

Ledis is 53 years old and has two children aged 29 and 32. She lives in the neighborhood of Costa Hermosa in the town of Soledad. She works making crafts and selling a variety of merchandise. Her business started ten years ago selling clothing and shoes. As Ledis learned crafting techniques... More from Ledis Esther'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
  • 482
    View loans »
    Colombia Loans Fundraising
  • $14,958,950
    Funds lent in using Kiva
  • 1,923.0
    Colombia Pesos (COP) = $1 USD

Success!! The loan was 100% repaid

A loan of $850 helped Ledis Esther to purchase art materials and new tools.
100% repaid
Repayment Term
20 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Dec 12, 2011
Listed
Dec 19, 2011
Currency Exchange Loss:
Covered
Ended:
Jul 17, 2013