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Update on Flor

Thank you for supporting Flor, who used her previous Kiva loan to buy primary materials and ingredients in greater quantities, earning discounts and increasing her food production, which she sold quickly. In turn, she was able to replace the high-cost loans that had not allowed her any profit.

Since she invested her previous loan, she also remodeled the front of her business and fixed up the kitchen, because she now has a higher income. She says to her Kiva lenders: "Thank you for helping me to grow my business. I am very grateful to God and to you for giving me this opportunity."

She is now applying for another Kiva loan, which she will use to buy more tables and chairs to improve her restaurant. She also needs this loan to buy sacks of rice, oil, meat, chicken, and fish to make meals and snacks in greater quantities, thus increasing her family's income.
View original language description ↓
Gracias por apoyar a Flor, quien con su credikiva compró materias primas e insumos en un mayor volumen, ganando descuentos y pudiendo aumentar su producción de comidas, que vendió rápidamente. Ella logró a su vez, remplazar los créditos a un alto costo que no le permitían ninguna ganancia. Desde que invirtió su crédito, también pudo remodelar la fachada de su negocio, arreglar la cocina, porque ahora cuenta con más ingresos. Ella dice a sus financiadores de Kiva lo siguiente: “Gracias por ayudarme a hacer crecer su negocio; estoy muy agradecida con Dios y ustedes por darme esta oportunidad.”
En la actualidad está aplicando a un nuevo credikiva, con el cual comprará mas mesas, sillas, para adecuar el restaurante, también necesita su crédito para comprar sacos de arroz, aceite, carnes, pollo, pescado, para la elaboración de comidas y almuerzos en un mayor volumen y con ello aumentar sus ingresos familiares.

Previous Loan Details

Flor, 66, is a married woman who has three children raging in ages from 28 to 40. She sells breakfasts and lunches. During the morning she sells fried food like "arepas" [grilled corn cakes], cheese, meat and chicken turnovers, ‘carimañolas’ made from manioc dough stuffed with various meats. ... More from Flor'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
  • 390
    View loans »
    Colombia Loans Fundraising
  • $18,296,125
    Funds lent in using Kiva
  • 1,834.5
    Colombia Pesos (COP) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,100 helped Flor to buy more tables and chairs to improve her restaurant and to buy sacks of rice, oil, meat, chicken, and fish.
100% repaid
Repayment Term
21 months (Additional Information)
Repayment Schedule
Apr 24, 2013
May 14, 2013
Currency Exchange Loss:
Dec 17, 2014