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Angela
Angela has had to overcome many adversities in her life, but she has always been known for being very determined. This has enabled her to rise above these adversities and continue moving her family forward. Angela is married and has a 15-year-old son who was recently diagnosed with a serious cardiovascular disease. She works hard to sustain her household financially since her husband’s income is not enough.


Angela has a business of selling candy, personal use products, and clothing. She also raises pigs. Through these businesses, she is able to generate some income to support her household. Angela has difficulty with accumulating capital, so she is requesting a loan so that she can build a pigpen and buy candy, personal use products, and clothing. This will enable her to continue selling different things to her customers so that she can generate income.


Her dream is to finish the construction of her house so that she can provide her husband and son a better quality of life.

View original language description ↓
Angela ha tenido que atravesar por muchas adversidades en su vida, pero siempre se ha caracterizado por ser muy luchadora y esto le ha permitido superar estas adversidades y continuar saliendo adelante con su familia. Casada y con un hijo de 15 años de edad a quien hace poco le diagnosticaron una grave enfermedad cardiovascular, Angela tiene que trabajar fuertemente para poder aportar económicamente para el sostenimiento de su hogar, pues los ingresos que genera su esposo no son suficientes. Es por esto que tiene un negocio de venta de dulces, una venta de productos de uso personal y ropa y además tiene una cerda de crianza; con estos negocios genera unos pocos ingresos para apoyar su hogar. Angela tiene una dificultad de capital y es por esto que recurre a un préstamo para construir un corral para la cerda y comprar surtido de dulces, productos de uso personal y ropa, y así continuar vendiendo diferentes cosas a los clientes para generar ingresos.

Su sueño es terminar de construir su casa y así poderles ofrecer a su esposo y su hijo una mejor calidad de vida.

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
  • 496
    View loans »
    Colombia Loans Fundraising
  • $14,967,675
    Funds lent in using Kiva
  • 1,797.5
    Colombia Pesos (COP) = $1 USD
Expired
A loan of $1,450 helped Angela to buy candy, personal use products, and clothing and to build a pigpen.
Repayment Term
27 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Sep 26, 2012
Listed
Nov 1, 2012
Currency Exchange Loss:
Covered
Expired:
Nov 30, 2012