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Alejandra
Alejandra is a young mother of one son who is 3 years old, entrepreneurial and always disposed to getting ahead. Because the father of her son abandoned her, she has to guarantee sustenance for her son alone. She started looking for business alternatives, and found a good opportunity in food sales. Alejandra sells plates of food to the residents of her region, who have her cooking as reference for its excellent quality. Thanks to this activity, Alejandra generates the necessary income to support her son and, with it, can provide a good standard of living. Because she doesn’t have a refrigerator or freezer for storing perishable foods, she can only sell what she prepares in one day, as she can’t make her food earlier since it will spoil without refrigeration. Because of this, Alejandra has had to turn down some orders from customers and sell her food little by little so it doesn’t go bad. With the desire to improve this situation, Alejandra hopes that a loan will allow her to buy a refrigerator where she can preserve her prepared food until it’s served.

Alejandra hopes that this will allow her to augment her income considerably, since she’ll be able to tend to customers that she may have previously had to turn down. Alejandra dreams of having a large banquet house or restaurant. Her dreams include her son having financial stability and a good quality education in the future.
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Alejandra es una joven madre cabeza de familia de un hijo de 3 años, emprendedora y siempre dispuesta a salir adelante. Gracias a que el padre de su hijo la abandonó tuvo que garantizar el sustento para su hijo, por esto empezó a buscar alternativas de negocio y encontró en la venta de comidas una muy buena oportunidad. Alejandra vende platos de comidas a los habitantes de su región, quienes tienen sus platos como referencia por la buena calidad de los mismos. Gracias a esta actividad, Alejandra genera los ingresos necesarios para el sostenimiento de su hijo y con esto se puede brindar una buena calidad de vida. Debido a que no posee una nevera o un congelador donde pueda guardar sus comidas que requieran de refrigeración, Alejandra solo puede vender lo que pueda preparar en un día, pues no puede preparar sus comidas con anterioridad ya que se dañan sin tener refrigeración. Debido a esto Alejandra ha tenido que rechazar algunos pedidos de sus clientes y tener que seguir vendiendo poco a poco sus platos de comidas para que no se dañen. Con el ánimo de mejorar esta situación, Alejandra aspira a que un préstamo le brinde la posibilidad de acceder a la compra de un refrigerador que le permita guardar allí sus comidas preparadas y que no se dañen hasta el momento de su entrega.

Alejandra espera que de esta manera sus ingresos aumenten considerablemente, pues tendrá la oportunidad de atender a clientes que antes debía rechazar. Alejandra sueña con tener una gran casa de banquetes o con tener un gran restaurante. Además sueña con que su hijo pueda tener una estabilidad económica y con que en un futuro pueda acceder a una educación de buena calidad.

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
  • 299
    View loans »
    Colombia Loans Fundraising
  • $14,063,675
    Funds lent in using Kiva
  • 1,805.0
    Colombia Pesos (COP) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,175 helped Alejandra to buy a refrigerator that will allow her to preserve her prepared food until it's served.
100% repaid
Repayment Term
27 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jan 30, 2012
Listed
Mar 1, 2012
Currency Exchange Loss:
Covered
Ended:
Mar 19, 2014