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Yaneth De Jesus
Yaneth is a person who has always fought to move her family ahead. Some time ago her children’s father abandoned her and she became a single mother head of household in charge of two children who are 4 and 7 years old. Since then Yaneth has worked to generate income sufficient to meet their needs. However, income has not been the best so she’s barely been able to meet their most basic needs.

Yaneth sells catalogue products like deodorants, lotions, shampoo and hand creams, among others; thanks to this she generates income. However, Yaneth wants to diversify the products she offers her customers so wants to increase the amount of products she sells.

Yaneth wants to buy stationery supplies for the upcoming school term that’s about to start but she does not have enough capital to do so. She is hoping for a loan that will make it possible for her to buy stationery supplies like notebooks, construction paper and erasers, among others.

Yaneth dreams with earning better income to be able to offer her two children a good education and economic stability because she does not want them to have to face the adversities she’s had to.
View original language description ↓
Yaneth es una persona que siempre ha luchado por sacar su familia adelante. Hace un tiempo el padre de sus hijos la abandonó y ella quedó como una madre soltera cabeza de familia a cargo de 2 hijos de 4 y 7 años de edad. Desde entonces Yaneth ha procurado generar los ingresos suficientes para cubrir sus necesidades, sin embargo, los ingresos no han sido los mejores, por tanto solo le ha alcanzado generar los ingresos suficientes como para cubrir vagamente sus necesidades básicas.
Yaneth se dedica a la venta de productos por catálogo, como lo son desodorantes, lociones, shampoo, cremas de manos, entre otros productos, y gracias a esto genera sus ingresos. Sin embargo, Yaneth quiere diversificar los productos que ofrece a sus clientes, por lo que quiere aumentar la cantidad de productos que ofrece.
Yaneth quiere comprar productos de papelería que le permitan atender la temporada escolar que esta por iniciar, sin embargo, no cuenta con el capital suficiente para ello, por lo que aspira a que un préstamo le brinde la posibilidad de acceder a la compra de los productos de papelería como lo son cuadernos, cartulina, borradores, entre otros.
Yaneth sueña con poder obtener mejores ingresos para poder ofrecerles a sus 2 hijos una buena educación y una estabilidad económica, pues no quiere que ellos afronten todas las adversidades por las que ella ha pasado.

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
  • 477
    View loans »
    Colombia Loans Fundraising
  • $14,958,950
    Funds lent in using Kiva
  • 1,822.0
    Colombia Pesos (COP) = $1 USD

Success!! The loan was 100% repaid

A loan of $625 helped Yaneth De Jesus to buy school supplies.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jan 17, 2012
Listed
Feb 1, 2012
Currency Exchange Loss:
Covered
Ended:
Nov 16, 2012