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Yuri Alexandra
Sra. Yuri is 23 years old and a single mother with a one-year-old baby. She has four years of experience selling facial and body treatments to spas in the city of Medellín and the town of Amagá, which is south of Antioquia. Sra. Yuri stopped working for awhile after she became pregnant. She resumed her business eight months ago and currently works independently from home, which allows her to take care of her baby.

Sra. Yuri is requesting a loan in order to buy different types of treatments, which will increase her operating capital and restock her business so that she can better serve her customers. As a result, she will generate more income and fulfill her dream of providing an excellent quality of life for her child and opening her own store.

View original language description ↓
La señora Yuri a sus 23 años de edad es una madre soltera de un bebe de un año de nacido, quien tiene cuatro años de experiencia dedicada a los tratamientos faciales y corporales en spas de la ciudad de Medellín y el municipio de Amagá ubicado al sur de Antioquia. La señora Yuri debido a su embarazo se retiro por un tiempo de esta actividad, hasta el dia de hoy, cuando lleva ya ocho meses trabajando independiente realizando trabajos desde su casa y domicilios, lo que le permite estar al cuidado de su bebe. La señora Yuri requiere de la compra de diferentes tipos de tratamientos con los cuales pueda aumentar su capital de trabajo y surtir su negocio para brindar un mejor servicio a sus clientes, generar mayores ingresos y cumplir su sueño de brindar una excelente calidad de vida a su hijo y tener su propio local.

Additional Information

Important Information

This loan is structured on Kiva as a bullet loan, which means a single payment is required at the end of the loan term. By Colombian law, Kiva's partner Interactuar is required to offer borrowers loans with a variable interest rate that fluctuates with the market rate. Because fixed monthly payments are applied first to interest and then to principal, Interactuar is unable to predict upfront what portion of each repayment would go towards the loan principal. This creates a challenge with Kiva's system, which doesn't allow for unpredictable principal payments, and can result in some Interactuar clients appearing falsely delinquent. To remedy this, the loan has an end-of-term repayment plan on Kiva, but the borrower will continue scheduled monthly repayments to Interactuar, who will then pass along the principal amount to Kiva lenders. This means that you may see repayments made on this loan throughout the repayment term, as opposed to receiving repayment in full at the end of the loan term.

About Colombia

  • $11,100
    Average annual income
  • 470
    View loans »
    Colombia Loans Fundraising
  • $15,266,950
    Funds lent in using Kiva
  • 1,945.0
    Colombia Pesos (COP) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,050 helped Yuri Alexandra to buy hair, body, and facial treatments.
100% repaid
Repayment Term
18 months (Additional Information)
Repayment Schedule
Nov 30, 2011
Dec 3, 2011
Currency Exchange Loss:
Oct 17, 2012