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Flor De Lys
Flor is married and has four children. In order to have a better economic situation in the household, she decided to set up her own business so that she, along with her husband, can contribute financially to the household.

This was how she decided to set up an internet café, taking advantage of the opportunities in the area. Thanks to the effort she has made, she has managed to keep it going and to generate good income for the household.

Since she has had her business, her four children have been able to have a better quality of education, attending better schools. For this reason, Flor is always aiming for her business to continue growing, so that someday they can also access a university education.
Now that she has a new opportunity, she hopes to take advantage of it. It is that she hopes to sell ice cream inside her internet café, so that she can diversify her income and also offer this service to her customers. This is why she is seeking a loan; in order to purchase the initial supply, begin to offer this service to her customers, and diversify her income.

With these new sales they will increase their household income. This way the quality of life of her husband and four children will improve considerably, allowing her to have a better financial situation that will allow them to prosper.
View original language description ↓
Flor se encuentra casada y tiene 4 hijos, y para poder tener mejores condiciones económicas en el hogar decidió montar su propio negocio para poder contribuir económicamente en su hogar junto con su esposo. Fue así como decidió montar un cibercafé aprovechando las oportunidades del sector y gracias al esfuerzo que ha hecho ha logrado sacarlo adelante y poder generar buenos ingresos para el hogar. Desde que tiene su negocio sus 4 hijos han podido tener una educación de mejor calidad asistiendo a mejores colegios y por esto Flor siempre busca que su negocio siga creciendo para que en un futuro puedan también acceder a una educación universitaria. Ahora que tiene una nueva oportunidad espera aprovecharla, y es que espera vender helados dentro de su cibercafé para diversificar sus ingresos y también ofrecer este servicio a sus clientes, es por esto que busca un préstamo para comprar el surtido inicial de helados y comenzar a ofrecer este servicio a sus clientes y diversificar sus ingresos.

Con estas nuevas ventas aumentarán los ingresos que tendrán en el hogar y de esta manera la calidad de vida de su esposo y sus 4 hijos mejorará considerablemente, permitiéndole tener también mejores condiciones económicas que les permitan prosperar.

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
  • 387
    View loans »
    Colombia Loans Fundraising
  • $16,282,675
    Funds lent in using Kiva
  • 1,776.5
    Colombia Pesos (COP) = $1 USD

Success!! The loan was 100% repaid

A loan of $175 helped Flor De Lys to buy an initial stock of ice cream, and begin offering this service to her customers and diversifying her income.
100% repaid
Repayment Term
11 months (Additional Information)
Repayment Schedule
Jun 28, 2012
Jul 12, 2012
Currency Exchange Loss:
Mar 15, 2013