Check out some available loans that are similar to this one!
Adalgiza

Update on Adalgiza

Adalgiza invested her previous loan in ceramics, paints, and frames for paintings. Her sales are going well and for this reason, she is very enthusiastic about requesting a new Kiva loan. Once again, she will invest in materials and supplies for paintings in order to sell new art work. Her message to the lenders and Kiva is the following: “I am very grateful for your work, may God bless you, and may you continue growing more each day so that you can help small micro-entrepreneurs like me”.
View original language description ↓
Adalgiza invirtió su anterior credikiva en cerámicas y pinturas además de marcos para cuadros y le fue muy bien en sus ventas, por eso está muy entusiasmada solicitando un nuevo credikiva, para invertir nuevamente en materiales e insumos para sus cuadros y vender nuevas obras de arte. Su mensaje a los financiadores e Kiva es el siguiente: “Muy agradecida por su labor, que Dios los bendiga y que sigan creciendo cada día mas, para que puedan ayudar a pequeños microempresarias como yo. “

Previous Loan Details

Adalgiza is 50 years old. She paints pictures, makes ceramics, and sells silver jewelry to order to customers she has had for many years. She lives in the city of Cartagena and is a married mother of 2 children, aged 20 and 24. Her dream is for them to be successful. 17 years ago, with severance ... More from Adalgiza'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
  • 303
    View loans »
    Colombia Loans Fundraising
  • $13,796,725
    Funds lent in using Kiva
  • 1,817.5
    Colombia Pesos (COP) = $1 USD
Ended with Loss - Currency Exchange Loss learn more
A loan of $850 helped Adalgiza to purchase materials and supplies for paintings in order to sell new art work.
99% repaid
Repayment Term
20 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Aug 15, 2012
Listed
Aug 31, 2012
Currency Exchange Loss:
Possible
Ended:
Mar 17, 2014
This photo was used before for a previous loan for Adalgiza. It was first posted on Kiva on Aug, 2011. Learn More