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Jeniffer

Update on Jeniffer

Thank you for helping Jennifer in her baby supplies store. With her previous Kiva loan she was able to purchase toys, play pens, walkers, carriages, clothing and footwear, all in the baby line. With that loan she expanded her stock of merchandise and her sales increased. Her business is going very well since she also increased her clientele. Moreover, in her personal life, she is planning to get married.

Jennifer feels “very happy to be the beneficiary of a program as noble as this. May God reward you.” Currently she is applying for a new loan to purchase toys, baby items, walkers, carriages, footwear and bottles. This is all merchandise that turns over easily and that will make this Kiva loan a very successful investment.
View original language description ↓
Gracias por apoyar a Jennifer en su almacén de venta de artículos para bebe. Con su anterior credikiva pudo comprar juguetes, corrales caminadores coches, ropa, calzado, en la línea de bebe. Jennifer Con este credikiva, aumentó el surtido de artículos y se incrementaron sus ventas. Su negocio va muy bien, pues aumentó el número de sus clientes y en su vida personal está planeando su matrimonio. Ella se siente “muy feliz de ser beneficiaria de un programa tan noble como este: Que Dios los recompense. “ En la actualidad esta aplicando a un nuevo credikiva, mediante el cual comprará juguetes, artículos para bebe, caminadores, coches, calzado y teteros, mercancía que rota fácilmente y hacen de este credikiva una muy exitosa inversión.

Previous Loan Details

Jeniffer is 24 years old and lives in Barranquilla, where she has a baby supplies store. She had worked for many years in a similar store, and finally decided open her own business, selling toys, clothing, and other baby items. Her store is located on one of the main commercial streets in Barranq... More from Jeniffer'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
  • 485
    View loans »
    Colombia Loans Fundraising
  • $14,958,950
    Funds lent in using Kiva
  • 1,901.2
    Colombia Pesos (COP) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,425 helped Jeniffer to purchase toys, baby items, walkers, carriages, footwear and baby bottles.
100% repaid
Repayment Term
15 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
May 29, 2013
Listed
Jun 10, 2013
Currency Exchange Loss:
Possible
Ended:
Feb 21, 2014