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Yurley Yohanna
Sra. Yurley Yohanna is 30 years old and manages a fast food stall in front of her house. This enables her to earn an income to cover the household expenses for herself and her two children. She learned this business from a friend of hers. Since then, she has worked every day in order to make progress and provide her children with the best education possible.


Sra. Yurley Yohanna dreams of having a large and well-recognized restaurant so that she can generate more income and employ many people who are in vulnerable situations. She currently wants to repair her deep fryer and also make a few structural improvements to the front of her house. Yurley will also buy a tent to protect her food stall and make it more attractive for her local customers.

View original language description ↓
La señora Yurley Yohanna a sus 30 años, posee un puesto de comidas rápidas que pone al frente de su casa y con el cual se gana el sustento para cubrir los gastos de su hogar y de sus dos hijos. La actividad la aprendió gracias a una amiga suya y desde entonces esta ha sido la labor con la que todos los días busca progresar y brindarle a sus hijos la mejor educación posible. La señora Yurley Yohanna sueña con tener un restaurante grande y reconocido, que le pueda generar mayores ingresos y en el que pueda emplear a una gran cantidad de personas en situaciones vulnerables. Actualmente requiere de la reparación de su fritadota y realizar algunos arreglos locativos al frente de su casa, como también comprar una carpa para que su puesto de comidas rápidas sea mas atractivo para los clientes de su sector.

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

  • $6,070
    Average annual income
  • 555
    View loans »
    Colombia Loans Fundraising
  • $14,644,975
    Funds lent in using Kiva
  • 1,919.5
    Colombia Pesos (COP) = $1 USD

Success!! The loan was 100% repaid

A loan of $425 helped Yurley Yohanna to repair her deep fryer, purchase a tent for her food stall, and make a few repairs to her house.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Dec 13, 2011
Listed
Jan 1, 2012
Currency Exchange Loss:
Covered
Ended:
Feb 15, 2013