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Edgardo
Edgardo used his previous CrediKiva loan to buy an industrial machine and raw materials, such as leathers, synthetics, rubber, soles, buckles and accessories to make shoes. He is now applying for a new loan to buy raw materials to make new shoe designs for the holiday season. It is a time of much celebration and shopping when Edgardo usually enjoys his best sales period of the year.

Edgardo's message to Kiva lenders: "I am grateful for all the help and hope this program extends throughout the country and the continent."
View original language description ↓
Edgardo con su anterior credikiva, compró una maquina industrial de codo, y materias primas para producir calzado, como cueros, sintéticos, goma, suelas, herrajes y accesorios. En la actualidad está aplicando aun nuevo crédito mediante el cual comprará materias primas, para elaborar nuevos diseños de calzado, y atender toda la temporada fe fin de año, que llega con muchas fiestas, y con dinero circulante que hacen que Edgardo usualmente realice en esta época sus mejores ventas. Edgardo envía un mensaje a los financiadores de Kiva: “ Agradezco toda ayuda recibida y espero que este programa se extienda por todo el país y el continente. “

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.

About Colombia

  • $11,100
    Average annual income
  • 467
    View loans »
    Colombia Loans Fundraising
  • $14,958,950
    Funds lent in using Kiva
  • 1,802.5
    Colombia Pesos (COP) = $1 USD

Success!! The loan was 100% repaid

A loan of $850 helped Edgardo to buy raw materials to make new shoe designs for the holiday season.
100% repaid
Repayment Term
15 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Nov 23, 2012
Listed
Dec 14, 2012
Currency Exchange Loss:
Possible
Ended:
Sep 17, 2013