Check out some available loans that are similar to this one!
Yenis

Update on Yenis

Yenis used her previous Kiva loan to buy costume jewelry, low-cost novelty items and toys, products she did very well with because she took advantage of the right season to make her big sales. She currently plans to get a new Kiva loan to buy school supplies, cosmetics, costume jewelry and stationery items in general. Her investment will be successful because the merchandise she’ll buy is precisely what she needs to meet customer demand.

Her message to Kiva lenders is the following: “Many thanks to all the people who contribute their money so that people who need it will be benefitted and can surge forward in their lives.”
View original language description ↓
Yenis Invirtió su credikiva anterior en bisutería, cacharrería y juguetería, productos con los que le fue muy bien, pues aprovechó la temporada precisa para hacer su gran venta. En la actualidad planea recibir un nuevo credikiva, con el cual comprará útiles escolares, cosméticos, bisutería, y papelería en general. Tendrá éxito su inversión, porque las mercancías que comprará son justamente las que necesita para cubrir la demanda de su clientela. Su mensaje a los financiadores de Kiva es el siguiente: “Muchas gracias, a todas las personas que contribuyen con su dinero para que todas las personas que lo necesiten se vean beneficiadas y puedan surgir en sus vidas.”

Previous Loan Details

Yenis O. has a small store in her home which is located in Manga neighborhood, in Barranquilla. There she sells a variety of products, including cosmetics, stationery products, clothes, footwear and accessories. Her business is called "Productos Yennys". Yenis had the idea of setting up her... More from Yenis'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
  • 289
    View loans »
    Colombia Loans Fundraising
  • $13,837,125
    Funds lent in using Kiva
  • 1,762.0
    Colombia Pesos (COP) = $1 USD

Success!! The loan was 100% repaid

A loan of $875 helped Yenis to buy school supplies, cosmetics, costume jewelry and stationery items.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Feb 24, 2012
Listed
Mar 16, 2012
Currency Exchange Loss:
Covered
Ended:
Aug 30, 2013