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Alba Nelly
Alba is a person who characterizes herself as being very charismatic and a hard worker. For some time now, she has worked selling merchandise, something she learned from her sister who is also in this line of work. With the impetus of helping her husband with the household income, Alba, decided to start working and she actually has a good amount of customers who prefer her products because of the good customer attention she provides. Alba also wants to help her community so she is taking a course on infant-toddler and pre-school care.

Thanks to her increasing sales, Alba has lots of orders from her customers. However, she doesn’t have enough capital to buy merchandise from her suppliers. This is why she has the hope that a loan will afford her the opportunity to buy personal care products like lotions, creams, shampoo and make-up, among other things, to fill her clients' orders.

Alba dreams that her business will continue to provide income in order to help her husband with the household income, and that way, provide a better quality of life for her 4 children. Alba also dreams of having a big store where she could hire many people who are in need of household income.
View original language description ↓
Alba ha sido una persona que se ha caracterizado por ser muy carismática y por ser muy trabajadora. Desde hace un tiempo viene desempeñando la actividad de la venta de mercancía, actividad que aprendió gracias a que una hermana suya también la desempeña. Alba, con el ánimo de poder ayudarle a su esposo en la generación de ingresos para su hogar, decidió iniciar esta actividad y actualmente tiene una buena cantidad de clientes, los cuales prefieren sus productos por la buena atención que ofrece. Alba también ha querido ayudar a la comunidad, por lo que actualmente esta realizando un curso de atención a la primera infancia.

Alba, gracias a que sus ventas han ido aumentando, tiene grandes pedidos de sus clientes, sin embargo, no cuenta con el capital suficiente para comprar la mercancía a sus proveedores. Es por esto que tiene la esperanza en que un préstamo le brindará la oportunidad de acceder a la compra de productos de uso personal como lociones, cremas, shampoo, maquillaje, entre otros para atender los pedidos que le han hecho sus clientes.

Alba sueña con que su negocio le siga brindando ingresos para poder ayudarle a su esposo en la generación de ingresos para el hogar, y poder así mejorarles la calidad de vida a sus 4 hijos. Además, Alba sueña con tener un gran almacén donde pueda contratar a muchas personas que requieran de unos ingresos para su hogar.

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
  • 286
    View loans »
    Colombia Loans Fundraising
  • $14,063,675
    Funds lent in using Kiva
  • 1,796.5
    Colombia Pesos (COP) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,125 helped Alba Nelly buy personal care products like lotions, creams, shampoo and make-up, among other things, to fill her clients' orders.
100% repaid
Repayment Term
21 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jan 25, 2012
Listed
Feb 3, 2012
Currency Exchange Loss:
Covered
Ended:
Sep 22, 2013