Danilse De Jesus
Update on Danilse De JesusDanilse invested her previous Kiva loan in materials and supplies with which she made articles of clothing for women, men and children, as well as school uniforms, which she sold because they were orders from her clients. Currently, she’s requesting a Kiva loan to buy basic materials and supplies like fabric in big supply, so she can get discounts for paying in cash and buying large quantities. With this loan, she’ll be able to finance the credit she has with her clients at the factories. Her message to the lenders at Kiva is the following: "Thank you for the important support you are providing at low rates."
Previous Loan DetailsDanilse lives in Soledad, a town which is located 15 minutes from the city of Barranquilla. There she has a dressmaking business called 'Confecciones Danilse'. Danilse is married and has two children, aged 21 and 23, who she dreams of seeing prosper and succeed. Danilse started her business ... More from Danilse De Jesus's previous loan »
About Fundación Mario Santo DomingoFundación 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.
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Success!! The loan was 100% repaid