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Lidia Angela

Update on Lidia Angela

Lilia is applying a new kiva credit with which she will buy in bulk fabric, thread and supplies to manufacture uniforms ordered by the school of Puerto Colombia. Because with her prior kiva credit she was able to acquire a sewing machine and raw materials like fabic, buttons, laces and accessories, her quality and completion times improved. Today she feels very happy and tell her financiers "She hopes you have a Christmas full of peace and love at the side of your loved ones, and the goodness of the Almighty be with you for making so much good for microentrepreneurs worldwide."
View original language description ↓
Lilia está aplicando a un nuevo credikiva con el cual comprará al por mayor y de contado, telas, hilos e insumos para fabricar los uniformes que le encargó un colegio de Puerto Colombia; Porque con su credikiva anterior logró adquirir una máquina de coser y materias primas como telas, botones, encajes y accesorios y su calidad en los tiempos y el acabado aumentó. Hoy se siente muy feliz y dice a sus financiadores “ Deseo que tengan una navidad en paz y amor al lado de sus seres queridos y siempre la bondad del altísimo los acompañe por hacerle tanto bien a los microempresarios del mundo entero. “

Previous Loan Details

Lidia is 44 years old and lives in Pradomar, a neighborhood which is a tourist destination on the shores of the Caribbean Sea. Pradomar is 20 minutes away from the city of Barranquilla. Here she makes her living by making women’s clothing, a skill she learned as a family tradition since her fathe... More from Lidia Angela'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
  • 275
    View loans »
    Colombia Loans Fundraising
  • $13,623,825
    Funds lent in using Kiva
  • 1,824.5
    Colombia Pesos (COP) = $1 USD

Success!! The loan was 100% repaid

A loan of $625 helped Lidia Angela to buy in bulk fabrics, thread and supplies to manufacture uniforms.
100% repaid
Repayment Term
15 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Nov 16, 2012
Listed
Nov 20, 2012
Currency Exchange Loss:
Possible
Ended:
Jan 17, 2014
This photo was used before for a previous loan for Lidia Angela. It was first posted on Kiva on Dec, 2011. Learn More