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Wbernel De Jesús
Sr. Wbernel, age 38, sells merchandise in the town of La Ceja which is east of Antioquia. He learned this business 18 years ago when he lived in Valle del Cauca. Wbernel currently sells educational textbooks about mathematics, English, and other subjects. He has a six-year-old daughter, so he works hard every day because he wants to provide her a good education and financial stability in the future.

Wbernel dreams of growing his business and increasing his sales. Therefore, he is requesting to buy merchandise so that he will be stocked for the season when his sales increase considerably.

View original language description ↓
El señor Wbernel a sus 38 años, se dedica a la venta de mercancía en el municipio de la Ceja al oriente de Antioquia, actividad que aprendió desde los 18 años cuando se encontraba radicado en el Valle del Cauca. Actualmente se encuentra vendiendo libros de material didáctico como matemáticas, ingles, entre otros. El señor Wbernel tiene una hija de 6 años, por la cual todos los días trabaja fuertemente, pues le quiere brindar una buena educación y estabilidad económica en un futuro. Sueña con que su negocio crezca y sus ventas aumenten, por lo que requiere de la compra de mercancía para afrontar la temporada donde sus ventas aumentan considerablemente.

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
  • 367
    View loans »
    Colombia Loans Fundraising
  • $15,630,925
    Funds lent in using Kiva
  • 1,919.5
    Colombia Pesos (COP) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,050 helped Wbernel De Jesús to buy merchandise to sell.
100% repaid
Repayment Term
20 months (Additional Information)
Repayment Schedule
Dec 22, 2011
Jan 1, 2012
Currency Exchange Loss:
Nov 16, 2012