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Aurora E Jesus

Update on Aurora E Jesus

"Thank you for lending to me and helping me" is the message that Aurora sends to her Kiva lenders, as she has previously succeeded in buying shoes and many beauty products that she was able to sell and earn income from with her last loan. Now, she's hoping for a new Kiva loan with which she will buy personal hygiene products and brand-name shoes, as she prepares for the end of the year. This is the season when in the past her customers have been looking for merchandise that they can only buy at the time because it's when they get their bonuses and advances. That's also exactly what makes her investment pay off as expected.
View original language description ↓
"Gracias por prestarme y apoyarme", son fraces que Aurora envia a sus financiadores de Kiva, pues con su anterior financiamiento logró, comprar calzado y muchos productos de belleza que vendió y ganó dinero. Hoy está aspirando a un nuevo credikiva con el cual comprará productos de aseo, calzado de marcas costosas, pues se prepara para el fin de año, época en la cual desde ya, sus clientes han solicitado mercancias que solo en esta oortunidad pueden comprar, porque es una temporada en las que reciben sus primas y bonificaciones y esto es justamente lo que hace que su inversión logre el éxito esperado.

Previous Loan Details

Aurora, 51, is very satisfied with her business where she sells a great variety of merchandise, especially beauty supplies and clothes, to meet each customer’s needs. She has raised her family, especially her 18-year-old son, with this business. She started out in commerce with a friend from wh... More from Aurora E 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
  • 282
    View loans »
    Colombia Loans Fundraising
  • $13,826,450
    Funds lent in using Kiva
  • 1,800.5
    Colombia Pesos (COP) = $1 USD
Ended with Loss - Currency Exchange Loss learn more
A loan of $1,125 helped Aurora E Jesus to buy personal hygiene products and brand-name shoes for sale.
99% repaid
Repayment Term
21 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Sep 18, 2012
Listed
Sep 26, 2012
Currency Exchange Loss:
Possible
Ended:
May 17, 2014