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Danilse De Jesus

Update on Danilse De Jesus

Danilse invested her previous Kiva loan in materials and supplies with which she made articles of clothing for women, men and children, as well as school uniforms, which she sold because they were orders from her clients. Currently, she’s requesting a Kiva loan to buy basic materials and supplies like fabric in big supply, so she can get discounts for paying in cash and buying large quantities. With this loan, she’ll be able to finance the credit she has with her clients at the factories. Her message to the lenders at Kiva is the following: "Thank you for the important support you are providing at low rates."
View original language description ↓
Danilse invirtió su anterior crédikiva en materiales e insumos con los que confeccionó prendas de vestir para damas, caballeros y niños, además de uniformes escolares, que vendió porque trabajó sobre la solicitud de sus clientes. En la actualidad está aplicando a un nuevo credikiva con el cual comprará materias primas e insumos como telas en mayor cantidad, para lograr descuentos por pagos de contado y en mayor volumen; con esta inversión logrará financiar la cartera de crédito que tiene con sus clientes de las fábricas. Su mensaje a los financiadores de Kiva es el siguiente: “Gracias por el apoyo importante que están prestando con los recursos a bajo costo. “

Previous Loan Details

Danilse lives in Soledad, a town which is located 15 minutes from the city of Barranquilla. There she has a dressmaking business called 'Confecciones Danilse'. Danilse is married and has two children, aged 21 and 23, who she dreams of seeing prosper and succeed. Danilse started her business ... More from Danilse De Jesus'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
  • 278
    View loans »
    Colombia Loans Fundraising
  • $13,618,075
    Funds lent in using Kiva
  • 1,782.0
    Colombia Pesos (COP) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,425 helped Danilse De Jesus buy basic materials and supplies like fabric, in big supply, so she can get discounts for paying in cash and buying large quantities.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Feb 17, 2012
Listed
Feb 24, 2012
Currency Exchange Loss:
Covered
Ended:
Mar 15, 2013