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Alenys Meleth

Update on Alenys Meleth

With her Kiva loan, Alenys bought everything she needed to increase sales in her fast food business, and thanks to the loan, this was exactly what she managed to do. Now she wants to buy a blender, pots, pans and a stove, which will make her work more comfortable and will make her more efficient in serving her customers. In addition, she will buy some raw materials and supplies in large quantities, so that she can continue to take advantage of discounts for buying in bulk and for cash purchases. This is exactly what makes the Kiva loans successful. Her message to the Kiva lenders is the following, "I wish you many blessings, and hope that you will continue supporting small business-people so that they can fulfill their dreams of accomplishing their goals."
View original language description ↓
Alenys con su credikiva, compró todo lo necesario para aumentar la venta de productos en su negocio de comidas rápidas y eso fue justamente lo que logró gracias a su credikiva. En la actualidad requiere comprar licuadora, ollas, pailas, y una estufa, activos con las cuales estará mas cómoda trabajando y el resultado será efectividad para su clientela. También invertirá en materias primas e insumos en mayor volumen, para continuar ganando descuentos por compras en volumen y de contado y esto es justamente lo que hace exitoso el credikiva. Su mensaje a los financiadores de Kiva es el siguiente: “ Deseándole muchas bendiciones y que sigan apoyando al microempresario para cumplir el sueño de hacer realidad sus metas. “

Previous Loan Details

Alenys B. is a young woman who lives with her parents and brother in a very close family environment in Carrizal neighborhood of Barranquilla. This is a cheerful, party area and it is where Alenys runs her business selling fast food such as 'salchipapas' (a combination of sausage and French frie... More from Alenys Meleth'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
  • 277
    View loans »
    Colombia Loans Fundraising
  • $13,617,225
    Funds lent in using Kiva
  • 1,829.0
    Colombia Pesos (COP) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,150 helped Alenys Meleth to buy a blender, pots, pans and a stove, and also to invest in raw materials and bulk purchases of supplies.
100% repaid
Repayment Term
15 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
May 11, 2012
Listed
May 28, 2012
Currency Exchange Loss:
Possible
Ended:
Apr 18, 2013
This photo was used before for a previous loan for Alenys Meleth. It was first posted on Kiva on Feb, 2011. Learn More