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Update on Marta

Marta works selling cheese, cold meats, desserts, and cosmetics, though the catalogue of a business with which she is affiliated. This business offers her the catalogue and the products so that she can carry out her work promoting and selling. With her previous Kiva loan, she was able to buy a greater volume of these products and she is very satisfied, because she got discounts from the providers and she added a new product: desserts, from which she has gotten really good results, because she makes it and distributes it starting Monday and collects the money on Saturdays.

She sends the following message to Kiva lenders: "Thank you for lending me the money to move forward and I hope that you continue to support me and I will respond well to the loan." She is currently applying for a new Kiva loan, with which she will buy ingredients like condensed milk, chocolate, and cookies, to make desserts and buy cheese. These are the products that sell most at the end of the year, because of the Christmas and end-of-year festivities. She is always ready to serve her customers and take advantage of the opportunity that the market gives her to earn more money.
View original language description ↓
Marta se dedica a la venta de queso, carnes frías, postres y cosméticos, mediante una guía especializada de una empresa, a la que está afiliada, pues es esta la que le ofrece el catalogo y los productos para que desarrolle su labor promocional y de ventas. Con su anterior credikiva, ella logró comprar estos productos en mayor volumen y está muy satisfecha, porque ganó descuentos que sus proveedores le hicieron y porque agregó un nuevo producto: el postre, el cual le ha dado muy buen resultado, porque lo elabora y distribuye desde los lunes y cobra su cartera los sábados. Ella envía el siguiente mensaje a los financiadores de Kiva: “ Les doy gracias por prestarme el dinero para salir adelante y espero que sigan apoyándome y yo responderé bien al crédito”. En la actualidad está aplicando a un nuevo credikiva, con el cual comprará materiales como leche condensada, chocolate, galletas, para elaborar postres y comprar queso, pues son los productos que mas se venden a final de año, debido a las fiestas navideñas y de fin de año y ella estará siempre dispuesta, a servir a sus clientes y aprovechando la oportunidad que le ofrece el mercado para ganar aun mas dinero.

Previous Loan Details

Marta is 36 years old. She lives in a residential area very close to the sea with her husband and her three children who range from 16 years. She sells cheese, cold meats and also products through specialized catalogs, such as perfumes and cosmetics, on credit. Her sales are made with select cust... More from Marta'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
  • 372
    View loans »
    Colombia Loans Fundraising
  • $18,147,825
    Funds lent in using Kiva
  • 1,794.5
    Colombia Pesos (COP) = $1 USD

Success!! The loan was 100% repaid

A loan of $625 helped Marta to purchase materials such as condensed milk, chocolate, and cheese to make pastries.
100% repaid
Repayment Term
15 months (Additional Information)
Repayment Schedule
Dec 18, 2012
Dec 19, 2012
Currency Exchange Loss:
Nov 18, 2013