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Update on Zilse

Colognes, sweaters, undergarments, stationery, bed sheets, and other types of merchandise are what Zilse bought with her previous Kiva loan. She is very happy because she was able to increase her operating capital. Now she is applying for a new Kiva loan since Christmas Eve and the end of the year are when her sales increase. Her customers have much more money and greater spending capacity during this time.

Zilse will successfully invest this Kiva loan in clothing, perfume, and women’s costume jewelry for the high demand season. By fulfilling the orders from her best customers, she will finally be able to earn more and contribute to the development of her family.

View original language description ↓
Colonias, suéteres, interiores, papelería, sabanas y muchas otras mercancias, fue lo que compró Zilse con su previo credikiva; ella se siente muy felíz porque aumentó su capital de trabajo y hoy por eso está aplicando a un nuev financiamiento con Kiva, pues se acerca la nochebuena y el final de año, temporada en la cual las ventas se incrementan por cuenta de sus clientes consumidores, que tienen mucho dinero circulante y capacidad de compra. Su credikiva tendrá éxito lo invertirá en ropa, perfumeria y fantasia femenina, porque lo invertirá en una temporada de alta demanda y sobre los pedidos de sus mejores clientes que finalmente le permtiran ganar mcuho mas y aportarle a l desarrollo de su familia.

Previous Loan Details

Zilse is 30 years old. She lives in the city of Cartagena with her spouse and two children, ages 1 and 5. She dreams of seeing her children become successful adults and strives everyday in her work as a merchant in order to achieve this intention. She gained her first business experience many ... More from Zilse'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
  • 367
    View loans »
    Colombia Loans Fundraising
  • $15,626,850
    Funds lent in using Kiva
  • 1,767.5
    Colombia Pesos (COP) = $1 USD

Success!! The loan was 100% repaid

A loan of $575 helped Zilse to buy clothing, perfume, and women’s costume jewelry.
100% repaid
Repayment Term
16 months (Additional Information)
Repayment Schedule
Dec 11, 2012
Jan 2, 2013
Currency Exchange Loss:
Mar 17, 2014
This photo was used before for a previous loan for Zilse. It was first posted on Kiva on Mar, 2012. Learn More