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Claudia Yolima
Given her family's lack of money to be able to cover the expenses that it generates, Claudia decided to help in some way, in order to contribute financially to covering the household expenses.

This was how she began her business, without much capital, but with a great desire to have it succeed. This was how she began to contribute financially, together with her husband, to providing her three children with a better quality of life.

Claudia set up her business selling articles of clothing, where she offers her customers underwear and informal clothing. Thanks to this, she has been able to generate a good income, enabling her children to have the opportunity to access better quality education.

In her business, Claudia offers her customers very good service, which has allowed her to earn good revenues and therefore grow even more. This is what has led her to try to now offer a greater variety of products, in order to increase her sales considerably. This is why Claudia is seeking a loan that will provide her with the chance to purchase articles of clothing, in order to offer her customers a greater variety, and this way increase her sales considerably.

Claudia hopes that this way her monthly income increases, so her three children and her husband can enjoy a better quality of life. In addition, Claudia dreams about continuing to see her business grow, and of having a large business in the future, that will be very profitable, enabling her family to enjoy financial stability and greater opportunities to progress.
View original language description ↓
Dada la falta de dinero que había en su familia para poder cubrir los gastos que se generan, Claudia decidió colaborar de alguna manera para contribuir económicamente para cubrir los gastos de su hogar. Fue así como inició su negocio, sin mucho capital pero con muchas ganas de sacarlo adelante, y fue así como empezó a aportar económicamente junto con su esposo para poder brindarles a sus 3 hijos una mejor calidad de vida. Claudia montó su negocio de venta de prendas de vestir donde ofrece a sus clientes ropa interior y ropa informal, gracias a esto ha podido generar unos buenos ingresos con los cuales sus hijos han tenido la oportunidad de acceder a una educación de mejor calidad. En su negocio, Claudia ofrece un muy buen servicio a sus clientes, lo que le ha permitido ganarse su recordación y por tanto crecer cada vez más, y esto es lo que la ha llevado a que pretenda ofrecer ahora una mayor variedad de productos para aumentar sus ventas considerablemente. Es por esto que Claudia busca que un préstamo le brinde la oportunidad de acceder a la compra de prendas de vestir para ofrecer a sus clientes una mayor variedad y así aumentar sus ventas considerablemente.

Claudia espera que de esta manera sus ingresos mensuales aumenten y así sus 3 hijos y su esposo puedan gozar de una mejor calidad de vida. Además, Claudia sueña con seguir creciendo en el negocio y en un futuro tener un gran negocio el cual sea muy rentable y desde el cual su familia pueda gozar de una estabilidad económica y mayores oportunidades para progresar.

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
  • 162
    View loans »
    Colombia Loans Fundraising
  • $12,834,025
    Funds lent in using Kiva
  • 1,759.0
    Colombia Pesos (COP) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,150 helped Claudia Yolima to buy articles of clothing, in order to offer her customers a greater variety, and this way increase her sales considerably.
100% repaid
Repayment Term
26 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Mar 16, 2012
Listed
Apr 9, 2012
Currency Exchange Loss:
Covered
Ended:
Oct 17, 2012