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Diana Maria

Update on Diana Maria

Diana, 46 years old, is very satisfied because with her "credikiva" she bought a hot dog cart and many raw materials, with which she prepared the most delicious fast food. Now she sells a lot more soft drinks accompanied by the new products that she has to sell.

Currently, she is applying for a new Credikiva with which she will buy beer, raw materials like flour and supplies like cheese and meat in order to make her fried products, which have the best turnover because her customers like them very much. She sends the following message to the Kiva lenders: “My gratitude for supporting me, through you my business has grown.”
View original language description ↓
Diana de 46 años, está muy satisfecha porque con su credikiva compró un carro de perros y mucha materia prima, con lo cual preparó las mas deliciosas comidas rápidas. Ahora vende mucho más refrescos acompañados de los nuevos productos que tiene para la venta. En la actualidad está aplicando aun nuevo credikiva con el cual comprará cervezas y materias primas como harina, e insumos como queso y carnes, para elaborar sus productos fritos, que son lo que mayor rotación tienen, porque les gusta mucho a la clientela. Ella envía el siguiente mensaje a los financiadores de Kiva : “Mis agradecimientos por apoyarme, a través de ustedes ha crecido mi negocio. “

Previous Loan Details

Diana lives in the Santa Maria neighborhood, located in the southwest of the city of Barranquilla. She has five children between the ages of 12 and 27. When she was 13 years old, she started working as a domestic employee, and continued doing so until she was 40 years old. Then, she decided to fo... More from Diana Maria'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
  • 471
    View loans »
    Colombia Loans Fundraising
  • $15,262,800
    Funds lent in using Kiva
  • 1,790.0
    Colombia Pesos (COP) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,125 helped Diana Maria to buy beer, raw materials like flour and supplies like cheese and meat in order to make her fried products.
100% repaid
Repayment Term
20 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Aug 9, 2012
Listed
Aug 22, 2012
Currency Exchange Loss:
Possible
Ended:
Nov 18, 2013