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Alejandro Antonio
"Entrepreneur" is the best word to describe Alejandro, a young man of 21 who is studying and working to generate his own income and contribute to his parents' household income. Alejandro has worked for about three years selling wines and wine-based aperitifs. He began his business through a friend who is the owner of a liquor business in the city. She sells him the wines and Alejandro is in charge of marketing them. Alejandro is known for being a very friendly person who offers very good service, in addition to which he is known for his great charisma, and he always wants to offer a sense of well-being to the all the people who surround him. Thanks to having many good customers, he has a large order from one of them, and he doesn't have enough in his present inventory to satisfy it. This is why, with the aim of responding to the customer with the order, Alejandro is looking for a loan that will offer him the possibility of buying the wines and wine-based aperitifs to fill the large order that his customer has placed.

Alejandro hopes to be able to continue increasing his sales and further expanding the capacity of his business. In addition, he wants to begin selling wine in other towns so that he can generate work for vulnerable people who need income and have not found work opportunities. Alejandro dreams of having a very good quality of life with his family, where he can offer his parents good economic stability. Furthermore, he wants to finish his studies and be able to continue with his business until he converts it into a big commercial enterprise.
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Emprendedor es la mejor palabra para caracterizar a Alejandro, un joven de 21 años de edad que se encuentra estudiando y laborando para generar sus propios ingresos y contribuir a sus padres con los ingresos de su hogar. Alejandro se dedica desde hace 3 años aproximadamente a la comercialización de vinos y aperitivos de vino. Su negocio lo inició gracias a que una conocida suya es la dueña de una empresa de licores de la ciudad y esta le vende los vinos y Alejandro se encarga, bajo su responsabilidad, de la comercialización de estos. Alejandro es reconocido por ser una persona muy amable y por ofrecer muy buen servicio, además de que se le conoce por su gran carisma y siempre querer ofrecerles un bienestar a todas las personas que lo rodean. Gracias a que Alejandro tiene muy buenos clientes, cuenta con un gran pedido por parte de uno de ellos que no alcanza a satisfacer con el inventario que cuenta actualmente, es por esto que con el fin de responder a su cliente con el pedido, Alejandro busca un préstamo que le brinde la posibilidad de acceder a la compra de vinos y aperitivos de vino para cumplir con un gran pedido que le ha hecho un cliente suyo.

Alejandro espera poder seguir aumentando sus ventas y poder incrementar más la capacidad de su negocio. Además, ya quiere empezar a comercializar los vinos en otros municipios de modo que pueda generar empleo para personas vulnerables que requieran de unos ingresos y no hayan encontrado oportunidades laborales. Alejandro sueña con tener una muy buena calidad de vida junto a su familia, donde les pueda ofrecer a sus padres una buena estabilidad económica, además, quiere culminar sus estudios y poder continuar con su negocio hasta convertirlo en una gran comercializadora.

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
  • 482
    View loans »
    Colombia Loans Fundraising
  • $14,958,950
    Funds lent in using Kiva
  • 1,795.0
    Colombia Pesos (COP) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,125 helped Alejandro Antonio to buy wines and aperitifs to fill a large order that a customer has placed.
100% repaid
Repayment Term
27 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jan 31, 2012
Listed
Mar 1, 2012
Currency Exchange Loss:
Covered
Ended:
Mar 19, 2014