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Update on Ruby

Ruby invested her Kiva loan in cheese, other foods made with cheese and incidental items for which she had client orders. In this way, she responded to her clients' demand, which left her feeling satisfied. She also purchased ingredients and prepared hayacas (a tamale-like food common in Colombia), tamales and fried foods that she sold to earn additional income. Currently she is applying for a new Kiva loan, with which she will buy bags as well as local and regional specialty foods for which she has orders. She will bring the products from Sincelejo, a coastal city in Colombia. She says these are the products that sell most quickly and for which she has a good demand. Ruby aspires to increase the volume of her sales and her usefulness to her clients. Her message to Kiva lenders is the following:"My thanks for the support I have received from you. Please continue to support me, so that I am able to continue growing my business."
View original language description ↓
Ruby invirtió su credikiva en queso, productos de queso y accesorios que tenía encargados, así fue como respondió a su clientela y esto la dejó satisfecha. Así mismo compró insumos y preparó hayacas, tamales y productos fritos que vendió y ganó algún dinero.. En la actualidad está aplicando a un nuevo credikiva, con el cual comprará bolsos y productos típicos alimenticios encargados, traídos desde Sincelejo, ciudad costera de Colombia, pues ellos son los me que mas rotan y tienen una buena demanda y Ruby aspira a aumentar su volumen de ventas y en consecuencia su utilidad. Su mensaje a los financiadores de Kiva es el siguiente: “Mis agradecimientos por el apoyo recibido y que me sigan apoyando, para poder seguir en mi negocio. “

Previous Loan Details

Ruby del Carmen O. lives in the town of Soledad, which is located in the Department of Atlántico and the home of the most delicious handmade sausages in Colombia. Ruby is a very energetic and hardworking woman. She sells a little bit of everything. Ruby can be found making fried foods such as ... More from Ruby'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
  • 487
    View loans »
    Colombia Loans Fundraising
  • $15,254,800
    Funds lent in using Kiva
  • 1,759.0
    Colombia Pesos (COP) = $1 USD

Success!! The loan was 100% repaid

A loan of $875 helped Ruby to buy bags and local and regional specialty food products.
100% repaid
Repayment Term
15 months (Additional Information)
Repayment Schedule
Mar 23, 2012
Mar 31, 2012
Currency Exchange Loss:
Jun 18, 2013