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Eliana

Update on Eliana

Thanks to the support of her previous Kiva loan, Eliana purchased vegetables such as tomatoes, onions, carrots, cucumbers, fresh green beans, as well as a cart for transporting these products to her customers. With this investment, she was able to attract more buyers and reduce the cost of transportation, which increased her earnings. At the moment, Eliana is able to provide more support for her four children with the added income. She sends the following message to the Kiva lenders: “Thank you for the support and the trust you have shown to me by providing this loan.”


Eliana is now applying for another Kiva loan so that she can buy potatoes and vegetables since these products are in great demand. She expects these products to generate immediate sales, which will result in more income.

View original language description ↓
Gracias por apoyar a Eliana, quien con su credikiva anterior, compró verduras, como tomate, cebolla, zanahoria, pepinos y habichuelas frescas y una carreta para transportarlos a sus clientes, con esta inversión atrajo muchos mas compradores y disminuyó el gasto por transporte, por eso aumentaron sus ganancias. En la actualidad como se han aumentado sus ganancias, puede apoyar más a sus 4 hijos. Ella envía a sus financiadores de Kiva el siguiente mensaje: “Gracias por el apoyo y confianza que depositaron en mi cuando me otorgaron ese crédito.“ En la actualidad está aplicando a un nuevo credikiva con el cual comprará papa y verduras, que son los productos de mayor demanda y que proyectan generar nuevos ingresos por concepto de sus ventas inmediatas.

Previous Loan Details

Eliana, age 37, has four children from the ages of 9 to 15. She works persistently in her own business in the heart of Barranquilla. She sells very fresh tropical fruits and vegetables in large volume. She sells things like tomatoes, onions, carrots, cucumbers, beets, potatoes, 'lulo' (a nativ... More from Eliana'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

  • $6,070
    Average annual income
  • 297
    View loans »
    Colombia Loans Fundraising
  • $14,063,675
    Funds lent in using Kiva
  • 1,850.0
    Colombia Pesos (COP) = $1 USD

Success!! The loan was 100% repaid

A loan of $525 helped Eliana to buy potatoes and vegetables in bulk.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Apr 17, 2013
Listed
Apr 21, 2013
Currency Exchange Loss:
Possible
Ended:
Jan 24, 2014
This photo was used before for a previous loan for Eliana. It was first posted on Kiva on Jun, 2012. Learn More