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Julieth Alcira

Update on Julieth Alcira

Julieth invested her Kiva loan in a variety of merchandise that she showed in her catalogue. With special discounts she managed to get her customers' attention, interest, desire, and purchases.

Her sales have increased since she got her Kiva loan, so she is applying for another loan to buy women's merchandise such as accessories, clothing, and footwear, to respond to her growing clientele and take advantage of seasonal sales to increase her profits.

She sends the following message to Kiva lenders: "I am very grateful for the help I have received. I hope you can continue supporting us, other enterprising people who only need resources to prosper and get their families ahead."
View original language description ↓
Julieth invirtió su credikiva en la compra de mercancías variadas, la cual exhibió en su catálogo, con descuentos especiales, logrando captar la atención, el interés el deseo y la acción de compra de sus clientes. Desde que recibió su credikiva, las ventas han aumentado y por eso se propone aplicar a un nuevo crédito, con el cual comprará nuevamente mercancías femeninas, como accesorios ropa exterior y calzado, para responder a su creciente clientela. Aprovechando las ofertas de cada campaña para incrementar su utilidad. Ella envía el siguiente mensaje a los financiadores de Kiva: “Estoy muy agradecida de la ayuda recibida y ojalá puedan seguir apoyándonos a otras personas emprendedoras, que solo necesitan recursos para prosperar y sacar adelante a su familia.”

Previous Loan Details

Julieth is 22 years old and lives in the municipality of Puerto Colombia, very near the ocean. She lives with her little 3 year old daughter, who is her motivation in life and who she hopes will be a successful professional. There in this town, she works at selling a variety of merchandise throug... More from Julieth Alcira'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
  • 563
    View loans »
    Colombia Loans Fundraising
  • $14,893,900
    Funds lent in using Kiva
  • 1,843.0
    Colombia Pesos (COP) = $1 USD

Success!! The loan was 100% repaid

A loan of $550 helped Julieth Alcira to buy women's accessories, clothing, and footwear.
100% repaid
Repayment Term
15 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
May 16, 2012
Listed
May 31, 2012
Currency Exchange Loss:
Possible
Ended:
Jul 17, 2013