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Martha Luz

Update on Martha Luz

Thank you for supporting Martha, who with her Kiva loan was able to buy corn, wheat flour, chicken, beef, and pork, which she used to prepare the delicious products that she sells.

Martha requests that her lenders continue supporting small business owners, so they can achieve their goals. She is currently requesting a new Kiva loan, with which she plans to produce for the demand that usually comes up at the end of the year. In order to do this, she needs to buy her raw materials in larger quantities, such as beef, chicken, lunch meats, canned foods, olives, flour, and spices, which will make her Kiva loan investment profitable. Her products will sell quickly and this will increase her income, making her Kiva loan investment successful.
View original language description ↓
Gracias por apoyar a Martha, quien con su credikiva logró comprar maíz, harina de trigo, pollo, carne, y cerdo, con los cuales preparó sus deliciosos productos que vendió.
Martha pide a sus financiadores que sigan apoyando a los microempresarios, para lograr cumplir sus metas. En la actualidad está aplicando a un credikiva nuevamente, con el cual planea producir para la demanda que usualmente se presenta el fin de año y para ello requiere comprar en mayor volumen, su materia prima, como carne, pollo, embutidos, enlatados, aceitunas, harinas, especias, que harán de su credikiva una inversión rentable, pues rotarán rápidamente sus productos y aumentaran sus ingresos, haciendo de su credikiva una inversión exitosa.

Previous Loan Details

Martha, who is 41 years old, lives with her husband and their six children, ages 4 to 19. She has a business in which she produces pastries and hayacas, a mixture of rice or corn with vegetables, pork, and chicken, wrapped in banana leaves. She learned this business when she was very young in her... More from Martha Luz'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
  • 230
    View loans »
    Colombia Loans Fundraising
  • $17,831,500
    Funds lent in using Kiva
  • 1,917.5
    Colombia Pesos (COP) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,050 helped Martha Luz to buy her raw materials in larger quantities, such as beef, chicken, lunch meats, canned foods, olives, flour, and spices.
100% repaid
Repayment Term
20 months (Additional Information)
Repayment Schedule
Nov 12, 2013
Nov 24, 2013
Currency Exchange Loss:
Jul 17, 2015