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Rosmery

Update on Rosmery

Rosmery bought a kit of lights and lenses that she is very happy with since the assets of her photography studio improved and, with them, what she has to offer. She is grateful to Kiva for their financing of photographers, and hopes they continue supporting them. Currently she is applying for a new loan to buy a camera that will once again modernize her business.
View original language description ↓
Rosmery compró un kit de luces y lentes con el que se siente muy satisfecha pues los activos de su estudio de fotografía mejoraron y con ello su oferta. Ella dice que está agradecida con Kiva por su financiamiento a los fotógrafos, y espera los sigan apoyando. En la actualidad está aplicando aun nuevo financiamiento con el cual comprará una cámara fotográfica, que modernizará una vez más su estructura de negocio.

Previous Loan Details

Rosmery lives in the community of Bellavista in the municipality of Malambo. She has a photography business there and she also provides graphic design services. She studied liberal arts in silkscreen printing and she worked two more years at a supply store and then at another store before she dec... More from Rosmery'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
  • 495
    View loans »
    Colombia Loans Fundraising
  • $15,254,800
    Funds lent in using Kiva
  • 1,816.7
    Colombia Pesos (COP) = $1 USD
Ended with Loss - Currency Exchange Loss learn more
A loan of $1,125 helped Rosmery to buy a camera.
99% repaid
Repayment Term
20 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Feb 18, 2013
Listed
Mar 4, 2013
Currency Exchange Loss:
Possible
Ended:
Sep 17, 2014
This photo was used before for a previous loan for Rosmery. It was first posted on Kiva on May, 2011. Learn More