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

Update on Helena

Helena used her previous Kiva loan to purchase tropical fruits that were in season, which sold very well. She also used the loan to make home repairs. She has continued with all of her economic activities, which include selling fruits and root vegetables, selling merchandise, and renting out washing machines to homemakers in her neighborhood and in surrounding areas. Helena is currently asking for a new Kiva loan, which she will use to purchase various merchandise that her customers have requested. She will also use the loan to make new home repairs, since she wants to make further improvements to her family’s living conditions. Helena hopes that Kiva lenders will continue supporting small business people so they can keep moving forward and make their dreams come true, and also fulfill their families' dreams.
View original language description ↓
Helena con su credikiva compró frutas tropicales de la época que vendió muy bien e hizo reparaciones a su vivienda. Ella ha continuado con todos sus negocios: venta de tuberculos y frutas, venta de mercancia y ofrece tambien servicios de arriendo de lavadoras, a las amas de casa de su barrio y otros aledaños. En la actualidad se está preparando para recibir un nuevo credikiva y con el comprará mercancias variadas solicitadas por sus clientes y tambien hará nuevas adecuaciones locativas, porque quiere mejorara mucho mas, sus condiciones habitacionales y las de su nucleo famliar. Ella envia un mensaje a sus financiadores de Kiva y pide que sigan apoyando a todos las pequeños microempresas, para surgir y seguir adelante a cumplir con sus sueños y los de su familia.

Previous Loan Details

Helena Perez M. and her husband decided to start a small business because they did not have an employment to support their 4 children. They are between the ages of 12 and 17 years of age. With this idea in mind they purchased a cart and they started their business selling fruits and vegetables. T... More from Helena'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
  • 268
    View loans »
    Colombia Loans Fundraising
  • $13,479,900
    Funds lent in using Kiva
  • 1,760.2
    Colombia Pesos (COP) = $1 USD

Success!! The loan was 100% repaid

A loan of $700 helped Helena to purchase various merchandise requested by her customers and make home repairs.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Mar 12, 2012
Listed
Mar 18, 2012
Currency Exchange Loss:
Covered
Ended:
Oct 18, 2012