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Candelaria De Jesus

Update on Candelaria De Jesus

Candelaria's interest is meeting the needs of her customers, and so she invested her past Kiva loan in the purchase of cosmetics, cold meats, articles of clothing, and household items, among other things. Now she is applying for a Kiva loan with which she will again buy, in larger quantity, cosmetics, cold meats, articles of clothing, and household items. Candelaria feels happy about the support offered and wants them to continue offering this help that is so valuable -- this is her message to the Kiva lenders.
View original language description ↓
Para Candelaria su interés es responder las necesidades de sus clientes por eso su anterior credikiva lo invirtió en la compra de cosméticos, carnes frías, prendas de vestir, artículos para el hogar entre otros; en la actualidad está aplicando a un credikiva, con el cual comprará una vez mas y en mayor volumen, cosméticos, carnes frías, prendas de vestir y artículos para el hogar; Candelaria se siente feliz con el apoyo brindado y desea que continúen brindándonos este apoyo tan valioso, es su mensaje a los financiadores de Kiva.

Previous Loan Details

Candelaria lives in the city of Cartagena and sells cold cuts but also takes advantage of her market to also take care of any other family need, to acquire assorted merchandise like cosmetics, footwear, bed linens, towels, etc. Candelaria started this business ten years ago and sells cold cuts… More from Candelaria De Jesus'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
  • 148
    View loans »
    Colombia Loans Fundraising
  • $12,811,350
    Funds lent in using Kiva
  • 1,804.4
    Colombia Pesos (COP) = $1 USD

Success!! The loan was 100% repaid

A loan of $625 helped Candelaria De Jesus to buy cosmetics, cold meats, articles of clothing, and household items to sell.
100% repaid
Repayment Term
15 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Aug 28, 2012
Listed
Sep 23, 2012
Currency Exchange Loss:
Possible
Ended:
Oct 18, 2013