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Rosa Maria
Rosa is a very hard worker and has managed to overcome great advesity in her life and to keep moving forward in life along with her family. She used to work as a housekeeper but the income she was generating there was not enough to cover her household expenses, so she decided to make an effort and set up her own business in order to have better income for her children. That is how she opened her Internet cafe, where she offers her customers great service. This has completely changed her life, as well as her children's. In order to overcome the problems with capital her business is facing, Rosa is looking for a loan to buy a more efficient printer, so that she can offer her customers better service.

Her dream is to have a very well-established business that will provide her with an opportunity to provide for her family by offering them a better quality of life in the home. Her other aspiration is to own a house in the future so that she can offer her children a more stable home.
View original language description ↓
Rosa es una persona muy trabajadora que ha logrado superar grandes adversidades que se le han presentado en la vida y continuar progresando en la vida junto a su familia. Anteriormente trabajaba como empleada y los ingresos que allí generaban no estaban siendo suficientes para poder sostener los gastos de su hogar, es por esto que decidió esforzarse y montar su propio negocio con el que pudiera tener mejores ingresos para sus hijos. Fue así como inició su cibercafé donde ofrece a sus clientes un gran servicio y esto le ha cambiado la vida por completo a ella y sus hijos. Buscando superar la dificultad de capital que tiene en su negocio, Rosa busca un préstamo para comprar una impresora que sea más eficiente y poder así prestar un mejor servicio a sus clientes.

Su sueño es tener este negocio muy bien posicionado y que este le brinde la posibilidad de sacar adelante su familia ofreciéndole una mejor calidad de vida en el hogar. Además, aspira a que en un futuro pueda tener su casa propia y ofrecerle a sus hijos un hogar más estable.

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
  • 275
    View loans »
    Colombia Loans Fundraising
  • $13,826,450
    Funds lent in using Kiva
  • 1,787.0
    Colombia Pesos (COP) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,125 helped Rosa Maria to purchase a more efficient printer so that she can offer her customers better service.
100% repaid
Repayment Term
26 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jul 10, 2012
Listed
Aug 17, 2012
Currency Exchange Loss:
Covered
Ended:
Sep 25, 2014