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Ledis Esther

Update on Ledis Esther

Ledis gives thanks for the support in her craft business, because with her Kiva loan she was able to purchase supplies. With the supplies she made beautiful figures in foam, with which she increased her own income as well as her family's. She tells her Kiva lenders, "Many thanks to Kiva and to Fundación Mario Santo Domingo, and I ask for your continued support". She's currently applying for a new loan which she'll use to purchase supplies for foam crafts and an assortment of merchandise for the upcoming school season, such as notebooks, pencils, ballpoint pens, cardboard, glue, crayons, temperas, etc. That way she'll improve her service towards her customers and make a little more profit.
View original language description ↓
Gracias por apoyar a Ledis en su negocio de artesanias pues con su credikiva logró comprar materiales con los cuales elaboró lindas figuras en foamy., con las cuales incrementó sus ingresos y el de su familia. Ella dice a sus finaciadores de Kiva: " Muchos agradecimeintos a Kiva y a la Fundación Mario Santo Domingo, y solicito seguir apoyandome. En la actualidad está aplicando a un nuevo financiamiento mediante el cual comprará materias primas e insumos de foamy y mercancias variadas, ajustadas a la temporada escxolar que inicia, comoo cuadernos, lapices, boligrados, cartulinas, goma, colores, temperas etc. con ello mejorará su respuerta a la clientela y ganará un poco mas.

Previous Loan Details

Ever since Ledis got her Kiva loan her business has increased in value; she has more orders, is teaching crafts classes and her sales have increased. She is currently applying for her Kiva loan that she’ll use to buy supplies to make foam crafts and to buy new tools that will help her polish h... More from Ledis Esther'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
  • 245
    View loans »
    Colombia Loans Fundraising
  • $16,895,775
    Funds lent in using Kiva
  • 1,987.5
    Colombia Pesos (COP) = $1 USD

Success!! The loan was 100% repaid

A loan of $525 helped Ledis Esther to purchase supplies for foam crafts and an assortment of merchandise for the upcoming school season, such as notebooks, pencils, ballpoint pens, cardboard, glue, crayons, temperas, etc.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Jan 17, 2014
Jan 24, 2014
Currency Exchange Loss:
Feb 20, 2015