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Osiris

Update on Osiris

Thank you for supporting Osiris in the purchasing of thread, fabric, buttons, and other supplies. Today she can serve her customers better since she has new products. For this, she sends the following message to the lenders at Kiva: "Thank you so much for your support and God bless you." Currently she is applying for a CrediKiva, with which she will buy fabric in large amounts and have lots of success because she will fill the orders of her customers.
View original language description ↓
Gracias por apoyar a Osiris en la compra de hilos telas, botones y otros insumos hoy atiende mejor a su clientela pues tiene nuevos productos, por eso envía el siguiente mensaje a los financiadores de Kiva “Muchas gracias por su apoyo y que Dios los bendiga” En la actualidad está aplicando a un credikiva, mediante el cual comprará telas en mayor volumen y tendrá mucho éxito porque responderá a los pedidos de su clientela.

Previous Loan Details

Osiris is a 50-year-old woman who lives in Turbaco (Bolivar) with her spouse. She has 2 children who are 19 and 25 years old. She is very well-known in the city for her work as a tailor. She has been doing this work for 15 years, taking advantage of what she learned from her mother from the time… More from Osiris'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
  • 190
    View loans »
    Colombia Loans Fundraising
  • $12,876,400
    Funds lent in using Kiva
  • 1,987.5
    Colombia Pesos (COP) = $1 USD
Paying Back - Currency Exchange Loss

This loan has been fully funded!

A loan of $1,025 helped Osiris to buy fabric in large amounts.
58% repaid
Repayment Term
20 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jan 13, 2014
Listed
Jan 24, 2014
Currency Exchange Loss:
Possible
This photo was used before for a previous loan for Osiris. It was first posted on Kiva on Mar, 2013. Learn More