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Serafina Ludys

Update on Serafina Ludys

Serafina was very happy with her previous Kiva loan because she managed to have additional working capital, which bought beers, footwear, clothing, cosmetics and perfume. The merchandise sold to her customers, earning more money than usual, which she used to improve her housing conditions.

Her Kiva loan has increased the liquidity of her business, her sales, and her customers have asked for more products. For this reason, she is asking for a new Kiva loan to buy beers and drinks, footwear, clothing and accessories offered in catalogs with special pricing that her customers really like.

Her message to the people that fund Kiva is as follows, "Many thanks to Kiva and the Mario Santo Domingo Foundation, I hope to continue to receive this important economic support."
View original language description ↓
Serafina, estuvo muy feliz con su anterior credikiva, pues logró tener un capital de trabajo adicional, con el que compró cervezas, calzado, ropa cosméticos y perfumería, mercancía que vendió entre sus clientes, ganando un poco mas de dinero que lo usual y ha logrado mejorar las condiciones de su vivienda. Su credikiva ha aumentado la liquidez de su negocio, sus ventas se incrementan y su clientela solicita mas productos; esta es la razón por la cual acude a un nuevo credikiva con el que comprará cervezas y bebidas, calzado, ropa y accesorios que sus catalogos ofrecen con precios especiales y esto gusta mucho a su clientela. Su mensaje a los financiadores de Kiva es el siguiente " Muchas gracias a Kiva y a la Fundación Mario Santo Domingo, espero seguir recibiendo tan importante apoyo económico "

Previous Loan Details

Serafina Ludys M. V. is 42 years old. She lives in the Ciudadela 20 de Julio neighborhood in Barranquilla. She is married and has two children who are 16 and 14 years old. Her children's education is this admirable woman's greatest challenge. Both of them have illnesses that require specialists... More from Serafina Ludys'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

  • $11,100
    Average annual income
  • 387
    View loans »
    Colombia Loans Fundraising
  • $16,282,675
    Funds lent in using Kiva
  • 1,797.4
    Colombia Pesos (COP) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,800 helped Serafina Ludys to buy beers and drinks, footwear, clothing and accessories.
100% repaid
Repayment Term
21 months (Additional Information)
Repayment Schedule
Dec 17, 2012
Dec 18, 2012
Currency Exchange Loss:
Jul 17, 2014