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Leidy Natalia
Leidy is a person who has always been interested in acquiring sales skills. When she was young she started selling personal products to her family members and friends and this is how she covered the cost of her studies for some time.

Leidy currently has a dressmaking workshop where she provides a dressmaking service to third parties. Through her business, she makes the income she needs for her household. Leidy has a big customer who places very good orders. For this reason, she has always made the same item of clothing. Thanks to the good quality of her work, she has been able to make contact with another big customer who needs her to make some different garments from those she makes for her current customer. Leidy hopes to receive a loan which will allow her to buy a double needle machine for sewing other types of clothing for her second customer.

Leidy hopes that her income will increase significantly as she will be able to fill a larger number of orders and therefore make more sales. In addition, she hopes to create a job for somebody else in her workshop in the near future. This will enable her to improve somebody else's quality of life.
View original language description ↓
Leidy es una persona que siempre ha tenido interés en adquirir habilidades comerciales, por lo que desde temprana edad empezó a vender productos de uso personal a sus familiares y amigos, y de esta manera pagaba sus gastos del estudio durante un tiempo. Actualmente, Leidy ha montado un taller de confección y presta el servicio de confección a terceros y gracias a esto genera los ingresos necesarios para su hogar. Leidy tiene un gran cliente el cual le hace muy buenos pedidos, por lo que Leidy siempre ha confeccionado la misma prenda de vestir. Gracias a la buena calidad de sus trabajos, Leidy ha podido contactar con otro gran cliente el cual requiere de la confección de unas prendas diferentes a las que confecciona Leidy con su cliente actual. Es por esto que Leidy aspira a que un préstamo le brinde la posibilidad de acceder a la compra de una máquina de 2 agujas la cual le permita confeccionar otro tipo de prendas y pueda confeccionarle a un segundo cliente.

Leidy espera que de esta manera sus ingresos aumenten considerablemente, pues podrá atender a un mayor número de pedidos y por ende tendrá mayores ventas. Además, Leidy espera que en el corto plazo pueda generar un puesto de trabajo en su taller y de esta manera pueda mejorarle la calidad de vida a otra persona.

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
  • 177
    View loans »
    Colombia Loans Fundraising
  • $13,171,600
    Funds lent in using Kiva
  • 1,777.0
    Colombia Pesos (COP) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,150 helped Leidy Natalia to buy a double needle machine which will allow her to make other types of garments for a second customer.
100% repaid
Repayment Term
26 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Feb 13, 2012
Listed
Mar 2, 2012
Currency Exchange Loss:
Covered
Ended:
Oct 17, 2012