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Diana Maria

Update on Diana Maria

With her previous Kiva loan, Diana increased her sales and improved her earnings because she purchased everything her customers requested, such as plastic household utensils, which are the main products she offers. At the moment, she is very excited about applying for a new Kiva loan. She plans to acquire a cart and purchase additional plastic goods. Her brother also works and generates his own income.


This investment will be successful because there is a need in the marketplace for good products that are affordable. Her message to Kiva lenders is as follows: “I am extremely grateful for having learned how to manage a loan and my business. I hope you will support me once again.”

View original language description ↓
Con su previo credikiva, Diana incrementó sus ventas y mejoró sus ingresos, porque compró todo lo que su clientela le había solicitado, como utensilios en plásticos para el hogar, que son los principales productos de su oferta. En la actualidad esta muy entusiasmada y aplica a un nuevo credikiva, con el cual adecuara su carretilla y comprará otros articluos plásticos, para que su hermano trabaje también y genere sus propios ingresos; inversión que será exitosa, porque esta ajustada allá necesidad de un mercado al cual no ha llegado con productos buenos y muy económicos. Su mensaje a sus financiadoress de Kiva " estoy muy agradecida, he aprendido a manejar un crédito y mi negocio, espero me apoyen nuevamente."

Previous Loan Details

Diana lives in the town of Malambo in Barranquilla’s metropolitan area five kilometers from the city’s airport adjacent to the towns of Soledad, Sabanagrande and Santo Tomás and noted for having a very special social composition because among its residents we can find a mixture of people for all… 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

  • $6,070
    Average annual income
  • 183
    View loans »
    Colombia Loans Fundraising
  • $13,171,600
    Funds lent in using Kiva
  • 1,799.5
    Colombia Pesos (COP) = $1 USD

Success!! The loan was 100% repaid

A loan of $650 helped Diana Maria to acquire a vending cart and to purchase additional plastic goods.
100% repaid
Repayment Term
15 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Oct 18, 2012
Listed
Oct 22, 2012
Currency Exchange Loss:
Possible
Ended:
Jul 17, 2013