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Viviana  Cenith

Update on Viviana Cenith

Viviana invested her previous Kiva loan in merchandise to stock up her business. She also bought a showcase since her old one was too small and she couldn’t fill it with the demands of the market. Currently, she is requesting a new Kiva loan so she can buy flour, coffee, rice, sugar, soda, juice and so she can replace a glass window that’s in bad shape. Her message to the Kiva lenders is the following: Thank you for giving me your support and trust, and I hope you will continue to support us so I can achieve my goal of having my own home.
View original language description ↓
Viviana invirtió su anterior credikiva en mercancía con la que surtió su negocio, compró también un exhibidor, debido a que el que tenía era muy pequeño y no podía surtirlo de acuerdo con las expectativas del mercado. En la actualidad está aplicando a un nuevo credikiva, con el cual comprará harinas, café, arroz, azúcar, gaseosas, jugos y cambiará una vitrina que esta en muy mal estado. Su mensaje a los financiadores de Kiva es el siguiente: “ Gracias por el apoyo y la confianza que me han brindado y espero que sigan apoyándonos para cumplir de tener mi propia casa.”

Previous Loan Details

Viviana P., 29, lives in the town of Soledad, with her husband and 4 year-old son. She started her business, called "Tienda donde Raúl" many years ago when she saw the opportunity to run a store. Her husband lent her the money to rent it and to start selling groceries for the first time, since be... More from Viviana Cenith'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
  • 279
    View loans »
    Colombia Loans Fundraising
  • $13,618,075
    Funds lent in using Kiva
  • 1,772.0
    Colombia Pesos (COP) = $1 USD
Expired
A loan of $1,825 helped Viviana Cenith buy flour, coffee, rice, sugar, soda, juice and replace a glass window.
Repayment Term
15 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Mar 30, 2012
Listed
Apr 12, 2012
Currency Exchange Loss:
Covered
Expired:
May 12, 2012
This photo was used before for a previous loan for Viviana Cenith. It was first posted on Kiva on Apr, 2011. Learn More