Luisa is very happy after receiving her loan because she is able to expand her production of Chinese roots and begin selling them in supermarkets. Luisa considers her business to be one of her greatest satisfactions because it has allowed her to consolidate and make greater sales than normal by applying her new Kiva loan and improving her family’s wellbeing. She is asking for a new Kiva loan to buy seeds, packaging, fertilizers that will improve the quality of her roots and allow her to increase her sales. It will also allow her to make other improvements that will allow her to work adequately. Her message to the Kiva lenders is, “I consider myself to be fortunate for having your backing and I hope that by your hand I will strengthen my business and consolidate it like a great company.”
Luisa desde que recibió su crédito se encuentra más feliz, porque pudo ampliar su producción de raíces chinas, e incursionar en el comercio de los supermercados. Luisa considera que su negocio es una de sus grandes satisfacciones, porque le ha permitido consolidarse y con sus códigos de barra, lograr ventas superiores a las acostumbradas, aplicando el capital de crédikiva a sus productos y aumentando el bienestar de su familia. En la actualidad está aplicando a un nuevo credikiva, con el cual comprará semillas, empaques, fertilizantes, que mejorarán la calidad de sus raíces, y logrará con ello aumentar sus niveles de comercialización, también realizará adecuaciones locativas que le permitirán trabajar adecuadamente. Su mensaje a los financiadores de Kiva es el siguiente: “ Me considero afortunada, por su respaldo, y espero de la mano de ustedes, fortalecer mi negocio, y consolidarlo como una gran empresa”
Previous Loan Details
Onisa, who is 57 years old, lives in the city of Barranquilla with her husband. They have 4 children between the ages of 14 and 31. Onisa has made her living in Barranquilla for the last three years packing and selling bean sprouts, which she distributes to granaries, restaurants and supermarke...
More from Onisa's previous loan »
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.