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Maria Nydia
Maria Nydia has been a very capable person in overcoming the many challenges that life has presented to her. She is 61 years old, married and has two children, to whom she'd like to offer the best in life. Thirty years ago, her husband was unemployed and Maria came up with the idea of selling food to people in her area. Since then, she has sold empanadas, blood sausage, among other things. When she started, one of her sons, who was very young at the time, helped her distribute the food on all the streets in the area. When she saw that the business was very useful and she could sustain the basic necessities of her household, Maria Nydia decided to continue working and generating income.

These days Maria Nydia continues doing the same work and has a small stand where she sells food outside of her home. Thanks to this activity, she continues contributing to the household expenses and has given her husband and children a better quality of life. Maria Nydia needs a loan for the purchase of materials needed to make her dishes and to purchase a pipette of gas to fry them. However, currently she does not have the available capital to purchase these products. She has put her hopes on a loan and the opportunity it would give her. She dreams of growing her business, and sells more each day. In this way, she can continue to give her husband and sons a better quality of life.
View original language description ↓
Maria Nydia ha sido una persona capaz de superar muchas adversidades que se le han presentado en su vida. Con 61 años de edad, se encuentra casada y es madre de 2 hijos a quienes quiere brindarles lo mejor.
Hace aproximadamente 30 años su esposo se quedó sin empleo, por lo que recurrió a vender comida a las personas de su sector.
Por aquel entonces empezó a vender fritos como empanadas, morcilla, entre otros, y un hijo suyo en ese entonces muy pequeño le colaboraba repartiendo la comida por todas las calles del sector. Al ver que el negocio le estaba dando utilidades con las cuales podía sostener un poco las necesidades básicas de su hogar, Maria Nydia decidió seguir realizando esta actividad como método de generación de ingresos.

Actualmente Maria Nydia sigue desempeñándose en la misma labor, y ya tiene un puestito de ventas de comidas a las afueras de su vivienda. Gracias a esta actividad sigue colaborando con los gastos de su hogar, y ha permitido que su esposo y sus hijos tengan una mejor calidad de vida.
Maria Nydia, para continuar con su actividad requiere de la compra de insumos para la preparación de sus alimentos, y la compra de una pipeta de gas. Sin embargo, actualmente no cuenta con el capital disponible para la compra de estos productos, por lo que tiene la esperanza puesta en que un préstamo le brindará la oportunidad de acceder a la compra de insumos para la preparación de sus comidas y la compra de una pipeta de gas para fritar sus alimentos.

Maria Nydia sueña con que su negocio crezca, siga vendiendo cada vez más, y pueda así brindarles una mejor calidad de vida a sus hijos y a su esposo.

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
  • 268
    View loans »
    Colombia Loans Fundraising
  • $13,479,900
    Funds lent in using Kiva
  • 1,812.0
    Colombia Pesos (COP) = $1 USD

Success!! The loan was 100% repaid

A loan of $575 helped Maria Nydia purchase the ingredients to prepare her foods and to buy a pipette of gas to cook them.
100% repaid
Repayment Term
20 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jan 24, 2012
Listed
Feb 4, 2012
Currency Exchange Loss:
Covered
Ended:
Apr 18, 2013