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Luz Mery
Luz Mery is a person who has always been noted for being very hard-working, and for wanting to offer her family a better quality of life. Luz Mery is married and the mother of two children, to whom she has always wanted to provide the best quality of life possible; they are her motivation for working hard in her business every day.

Luz Mery has been a hairdresser for nine years, which she learned by taking courses in beauty academies. Approximately two years ago, when she was still employed in a beauty salon, she decided to go independent and set up her own business, so she could have greater freedom and better household income.

This was how Luz Mery began setting up her own beauty salon, where she offers a very good service. Thanks to this she has been able to attract a large number of customers. Due to the adversity she has had to face, it has been very difficult for Luz Mery to keep her business going. However, her fighting spirit and desire to succeed have allowed her to overcome the difficulties and continue moving forward with her business.

Luz Mery is seeking a loan that will enable her to purchase accessories such as chairs, wash units, brushes and other items, to better equip her beauty salon.

Luz Mery hopes that this way her monthly income will not be impacted in order to get these accessories. She also hopes that her income will subsequently increase considerably, as she will be able to offer her customers better service. Luz Mery dreams about her business providing her with economic opportunities and allowing her to offer her two children and her husband a better quality of life.
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Luz Mery es una persona que siempre se ha caracterizado por ser muy trabajadora y querer ofrecerle a su familia una mejor calidad de vida. Luz Mery se encuentra casada y es madre de 2 hijos a quienes siempre les ha querido ofrecer la mejor calidad de vida posible, además, de que son su motivación para trabajar fuertemente en su negocio todos los días. Luz Mery se dedica a la actividad de la peluquería desde hace 9 años, la cual aprendió gracias a que tomó cursos en academias de belleza. Hace aproximadamente 6 años, cuando aún era empleada en un salón de belleza, decidió independizarse y montar su propio negocio con el que pudiese tener mayor libertad y mejores ingresos en su hogar. Fue así como Luz Mery comenzó con el montaje de su propia sala de belleza donde ofrece un muy buen servicio y gracias a esto ha podido captar un gran número de clientes. Debido a adversidades con las que se ha tenido que encontrar, a Luz Mery se le ha hecho muy difícil sacar su negocio adelante, sin embargo, su espíritu de lucha y ganas de salir adelante le han permitido superar las dificultades y continuar progresando con su negocio. Luz Mery busca que un préstamo le brinde la oportunidad de acceder a la compra de accesorios como sillas, lava-cabezas, cepillos, entre otros, con los cuales pueda dotar con mejor herramientas su salón de belleza.

Luz Mery espera que de esta manera sus ingresos mensuales no se vean afectados para conseguir estos accesorios, además, de que posteriormente sus ingresos aumentarán considerablemente, pues podrá ofrecer a sus clientes una mejor atención y un mejor servicio. Luz Mery sueña con que su negocio le brinde mejores oportunidades económicas y le permita ofrecerles a sus 2 hijos y su esposo una mejor calidad de vida.

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
  • 263
    View loans »
    Colombia Loans Fundraising
  • $13,343,550
    Funds lent in using Kiva
  • 1,764.0
    Colombia Pesos (COP) = $1 USD

Success!! The loan was 100% repaid

A loan of $875 helped Luz Mery to buy accessories such as chairs, wash units, brushes and other items, to better equip her beauty salon.
100% repaid
Repayment Term
26 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Feb 21, 2012
Listed
Apr 3, 2012
Currency Exchange Loss:
Covered
Ended:
Sep 22, 2013