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Maria Gabriela
Maria is a person who has gone through a lot of adversity in her life. Nonetheless, her willingness to work has allowed her to get ahead with her family. Maria was displaced from her neighborhood because of violence. She had to leave her home and relocate to another neighborhood with her husband and 5 children. Since she had to leave everything behind, Maria needed a source of income that was different from her husband's, because the income he generated wasn't enough to cover the household expenses. That is why Maria started to sell personal use products via catalogs. Thanks to that, she has been able to start generating more income for her family. Right now Maria is a single mother head of the family because she separated from her husband. Due to this, Maria has to generate more income for her home. Thanks to the good quality of the products that Maria sells, and the good service she offers her customers, she has been able to get great customers for her business. Right now, Maria has an order from a customer and she doesn't have enough inventory to cover it. That is why she hopes a loan will afford her the possibility of purchasing personal use products such as cosmetics, lotions, accessories, and clothing in order to fill the order the customer has made.

Maria hopes to keep generating income for her home and being able to get her family ahead. Maria dreams of being able to have a good business, located in a place where people can recognize her easier and being able to generate employment for people in the same situation as she is, needing income and having no employment opportunities.
View original language description ↓
Maria es una persona que ha tenido que atravesar por muchas adversidades en su vida, sin embargo, sus ganas de trabajar le han permitido salir adelante junto con su familia. Maria fue desplazada por la violencia de su barrio, por lo que tuvo que abandonar su casa y ubicarse en otro barrio con su esposo y sus 5 hijos. Debido a que tuvo que dejar todo abandonado, Maria necesitaba una fuente de ingresos diferente a la de su esposo, pues con los ingresos que generaba este no era suficiente para sostener los gastos de su hogar. Es por esto que Maria inició la venta de productos de uso personal a través de catálogos, y gracias a esto ha pudo empezar a generar mayores ingresos para su familia. Actualmente Maria es madre soltera cabeza de familia ya que se separó de su esposo, lo que hace que Maria tenga que generar unos mayores ingresos para su hogar. Gracias la buena calidad de los productos que vende Maria, y la buena atención que ofrece a sus clientes, ha podido conseguir grandes clientes para su negocio. Actualmente Maria tiene un pedido de un cliente que no alcanza a satisfacer con el inventario de mercancía que tiene, por lo que aspira a que un préstamo le brinde la posibilidad de acceder a la compra de productos de uso personal como cosméticos, lociones, accesorios, y prendas de vestir para satisfacer el gran pedido que le ha hecho un cliente.

Maria espera seguir generando ingresos para su hogar y poder sacar adelante a su familia. Maria sueña con poder tener un buen negocio, estar ubicada en un local donde las personas la puedan reconocer más fácil y poder generar empleo para personas que se encuentren en su misma condición, donde requieren de unos ingresos y no han encontrado oportunidades laborales.

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
  • 585
    View loans »
    Colombia Loans Fundraising
  • $14,702,900
    Funds lent in using Kiva
  • 1,785.0
    Colombia Pesos (COP) = $1 USD

Success!! The loan was 100% repaid

A loan of $300 helped Maria Gabriela to buy personal use products such as cosmetics, lotions, accessories and clothing to fill a large order that a customer has made.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Feb 10, 2012
Listed
Mar 2, 2012
Currency Exchange Loss:
Covered
Ended:
Nov 16, 2012