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Update on Graciela

Graciela used her Kiva loan to buy merchandise like costumes, cosmetics and stationery supplies and stocked her store. She’s now applying for a Kiva loan to expand the range of costume items and once again stock her display case.

Her message to Kiva lenders is the following: “I am very grateful for the opportunity you gave me to invest in my business; it’s something one wants you to be aware of and that you continue supporting us so that we can get far….I know that’s what I will accomplish.”
View original language description ↓
Graciela con su credikiva compró mercancía como ropa fantasía, cosméticos, papelería y surtió su negocio. En la actualidad está aplicando a un credikiva con el cual ampliará su gama de artículos de fantasía y surtirá una vez más su vitrina. Su mensaje a los financiadores de Kiva es el siguiente: “Estoy muy agradecida por la oportunidad que me dieron para invertir en mi negocio eso es lo que uno quiere que lo tengan en cuenta, que nos sigan apoyando para poder llegar lejos………. sé que eso es lo que voy a lograr”.

Previous Loan Details

Graciela is a 44-year-old enterprising woman. She lives with her partner and their two children, ages 3 and 7, in the city of Barranquilla. She has a business there that offers many types of services. On the one hand she offers Internet and telecommunication services. She also sells clothes, sand... More from Graciela'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
  • 466
    View loans »
    Colombia Loans Fundraising
  • $15,266,825
    Funds lent in using Kiva
  • 1,771.5
    Colombia Pesos (COP) = $1 USD

Success!! The loan was 100% repaid

A loan of $650 helped Graciela to buy merchandise to stock her store.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
May 14, 2012
May 24, 2012
Currency Exchange Loss:
Jun 17, 2013