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Liliana Maria
Liliana started selling stationery supplies at home when she became unemployed and helped her parents this way to have a more stable economic situation. Later she became pregnant and that’s when she started to set up a business selling stationery supplies, personal use products, domestic use products and others in a variety store she set up at home. In this way she’s been able to overcome the difficulty of being a single mother, head of household and now her two-year-old son can have everything he needs. Because difficulties with capital are always present, Liliana is calling on a loan to buy stationery supplies, personal use products, domestic use products and others to stock her store for the Love and Friendship season. Her greatest dream is to move her son forward and that the business is more profitable.
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Liliana comenzó vendiendo productos de papelería desde su casa cuando se quedó sin empleo, y de esta manera ayudaba en su casa para que sus padres pudieran tener una situación económica más estable. Después se dio cuenta que estaba en embarazo y fue entonces cuando comenzó a montar un negocio donde vende productos de papelería, productos de uso personal, productos de uso doméstico y otros productos más en una miscelánea ubicada en su propia casa. De esta manera ha podido superar la dificultad de ser madre soltera cabeza de hogar y ahora su hijo de 2 años de edad puede tener todo lo que necesita. Como las dificultades de capital siempre se han presentado, Liliana acude a un préstamo para comprar productos de papelería, productos de uso personal, productos de uso doméstico y otros productos más y surtir su negocio para la temporada de amor y amistad.

Su máximo sueño es sacar su hijo adelante y que su negocio sea cada vez más fructífero.

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
  • 246
    View loans »
    Colombia Loans Fundraising
  • $13,361,775
    Funds lent in using Kiva
  • 1,798.5
    Colombia Pesos (COP) = $1 USD

Success!! The loan was 100% repaid

A loan of $575 helped Liliana Maria to buy stationery supplies, personal use products, home items and other merchandise.
100% repaid
Repayment Term
17 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Sep 14, 2012
Listed
Nov 1, 2012
Currency Exchange Loss:
Covered
Ended:
Sep 22, 2013