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Update on Mildred

Thank you for supporting Mildred, who with her previous loan succeeded in increasing the volume of her ingredient purchases and was able to sell more lunches. Mildred feels that now she is more economically solvent. She is also close to acquiring her own home, which also makes her very happy. She sends the following message to her financers: "Thank you for your interest in helping us, we are people who want to get ahead with our businesses." Currently, Mildred is working on a few new businesses, and with this new loan will buy meat products in order to use in the lunches she prepares. With the working capital provided from the loan, she will be able to invest in her businesses, and continue to get ahead through hard work.
View original language description ↓
Gracias por apoyar a Mildred, quien con su anterior credikiva logró aumentar el volumen de sus compras de insumos y vender mas almuerzos. Mildred, siente que tiene mas solvencia económica en su vida; tambien manifiesta que está a la espera de recibir su vivienda y esto la hace muy felíz. Ella envia el siguiente mensaje a sus finaciadores: "Gracias por su interés en ayudarnos a nosotros las personas que queremos salir adelante con nuestros negocios. " tambien estoy saliendo adelante con otros nuevos negocios comerciales. En la actualidad Mildred, está aplicando au credikiva con el que comprará víveres cárnicos etc, con los cuales aumentará su capital de trabajo y hacer de su credikiva una buena inversión, porque lo que masestá vendiendo, son los almuerzos y de alli se deriva este esfuerzo.

Previous Loan Details

Mildred is 49 years old. She lives south-west of the city with her family, which consists of her spouse and four children (between the ages of 22 and 30). She has one business where she sells food and another where she distributes a variety of retail goods during special periods of time. These... More from Mildred'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
  • $16,281,875
    Funds lent in using Kiva
  • 1,897.5
    Colombia Pesos (COP) = $1 USD

Success!! The loan was 100% repaid

A loan of $625 helped Mildred to buy meat products.
100% repaid
Repayment Term
15 months (Additional Information)
Repayment Schedule
May 24, 2013
Jun 9, 2013
Currency Exchange Loss:
Apr 23, 2014
This photo was used before for a previous loan for Mildred. It was first posted on Kiva on Jun, 2012. Learn More