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Yudeivis Andres
Yudeivis Andres is a young entrepreneur who is 21 years of age and from the town of Caucasia, which is to the north of the Department of Antioquia. He currently repairs and maintains cellular phones, but he also sells parts. Yudeivis Andres learned this business by helping his friends in this spare time. Now he has established his own business where he performs all types of repair work, maintenance, and sales of cellular phone equipment throughout town. His dream is to consolidate his business so that it can become the largest of its kind in town. This will enable him to provide his mother the best quality of life possible and assure himself of financial stability in the future.

For this reason, he is requesting to buy spare parts, equipment, and accessories so that he can increase the services that he offers to his customers. Yudeivis Andres would like to see his business become the best in town.

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Yudeivis Andres es un joven de 21 años emprendedor del municipio de Caucasia, al norte del departamento de Antioquia. Actualmente se dedica a la reparación, mantenimiento y venta de repuestos de equipos celulares, actividad que aprendió gracias a que sus amigos ya la realizaban y el les ayudaba en su tiempo libre. Ahora, Yudeivis Andres ha montado su propio negocio en donde realiza todas las reparaciones, mantenimientos y la venta de repuestos para los equipos celulares de su municipio. Sueña con poder lograr que su negocio se consolide como el mas grande negocio de su clase en el municipio y poder así, brindarle a su mama la mejor calidad de vida posible, y que el tenga un futuro asegurado con una estabilidad económica; para esto, requiere de la compra de repuestos, equipos y accesorios que incrementen su oferta hacia los clientes y puedan ver en el negocio de Yudeivis Andres el mejor negocio de su municipio.

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
  • 353
    View loans »
    Colombia Loans Fundraising
  • $15,606,000
    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 Yudeivis Andres to buy spare parts, equipment, and accessories for mobile phones.
100% repaid
Repayment Term
20 months (Additional Information)
Repayment Schedule
Dec 22, 2011
Jan 1, 2012
Currency Exchange Loss:
Oct 17, 2012