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Ana Julia

Update on Ana Julia

Thanks for supporting Ana in her purchase of fabric. She used it to make dresses that she sold. Now she is applying for another Kiva loan that she will use to buy fabric to make uniforms that have been ordered from her and which will give her new income. She sent a message of gratitude to the Kiva lenders for their collaboration and asks that they continue supporting her so that she can grow her business quickly.
View original language description ↓
Gracias por apoyar a Ana en la compra de telas, pues con ello fabricó vestidos que vendió. Hoy nuevamente está aplicando a un credikiva con el cual comprará telas para fabricar uniformes encargados y con ello generará un nuevo ingreso. Ella envía un mensaje de agradecimientos a los financiadores de Kiva por su colaboración y pide que la sigan apoyando, para lograr crecer rápidamente.

Previous Loan Details

Ana is 55 years old and lives in the lovely city of Cartagena, along with her husband and four children, between the ages of 8 and 19. She learned to make clothing from her mother and she has been able to support her family for the past five years, although her experience dates back 35 years, wh... More from Ana Julia'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
  • 479
    View loans »
    Colombia Loans Fundraising
  • $15,254,800
    Funds lent in using Kiva
  • 1,832.5
    Colombia Pesos (COP) = $1 USD
Ended with Loss - Currency Exchange Loss learn more
A loan of $550 helped Ana Julia to buy fabric to make uniforms.
99% repaid
Repayment Term
15 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Apr 26, 2013
Listed
May 12, 2013
Currency Exchange Loss:
Possible
Ended:
Feb 21, 2014