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Maria Lucelly
María is a person who has had to go through many adversities in life. However, she’s had the strength to continue forward making progress in her life. María separated from her husband a long time ago and since then was left in charge of her three children so she decided to start her own business. María has a challenge in that her youngest daughter has Down’s syndrome and requires constant care.

María offers her customers a wide variety of personal use products like make-up, clothes and personal items, among others. Thanks to this she generates income necessary to support her home. Thanks to the good customer service she offers she’s secured many customers which guarantee good sales. Hoping to fill pending customer orders, María is looking for a loan to buy personal use items in order to fill her pending orders.

María dreams with her business continuing forward and that it will provide her with the opportunity to offer her three children a better quality of life. Also, María dreams with having a larger house where they can live in better conditions and be able to offer her children greater opportunities for progress.
View original language description ↓
Maria es una persona que ha tenido que atravesar por muchas adversidades en su vida, sin embargo ha tenido la fortaleza para salir adelante y continuar progresando en su vida. Maria se separó de su esposo hace un largo tiempo y desde esto quedó a cargo de sus 3 hijos, por lo que decidió iniciar su propio negocio. Maria tiene la dificultad de que su hija menor sufre de síndrome de down, por lo que requiere estar constantemente en su cuidado. María ofrece a sus clientes una gran variedad de productos de uso personal, que van desde maquillaje, ropa, artículos personales, entre otros, y gracias a esto genera los ingresos necesarios para el sostenimiento de su hogar. Gracias a la buena atención que ofrece ha podido captar una gran cantidad de clientes, lo que le garantiza tener muy buenas ventas. Con el ánimo de entregar pedidos que le han hecho sus clientes, Maria busca que un préstamo le brinde la posibilidad de acceder a la compra de productos de uso personal para atender los pedidos que tiene pendiente.

Maria sueña con que su negocio siga adelante y este le brinde la posibilidad de ofrecerles a sus 3 hijos una mejor calidad de vida. Además, Maria sueña con poder tener una vivienda más grande donde puedan vivir en mejores condiciones y poder ofrecerles a sus hijos mayores oportunidades de progreso.

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
  • 1,770.0
    Colombia Pesos (COP) = $1 USD

Success!! The loan was 100% repaid

A loan of $575 helped Maria Lucelly to buy personal use items.
100% repaid
Repayment Term
21 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Feb 28, 2012
Listed
Apr 2, 2012
Currency Exchange Loss:
Covered
Ended:
Jan 15, 2013