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Adriana María
Adriana, age 41, is a woman who has learned important lessons in life. Nine years ago, she and her husband decided to open a lingerie store. After becoming a victim of physical abuse, she decided to separate from her husband. Adriana was left without any income and had two young children to support. In the midst of this difficulty, her sister convinced her to become a traveling clothing merchant. This business would help her to save and return to the same line of work. Today she has great dreams that she hopes will come true. For this reason, Adriana is requesting a loan so that she can invest in inventory for the end of the year.


Her priority is the welfare of her children, which is why she wants to organize her home and improve her family’s quality of life.

View original language description ↓
Adriana de 41 años de edad, es una mujer a la que la vida le ha enseñado grandes lecciones. Hace 9 años decidió montar con su esposo un almacén de lencería, pero debido al maltrato físico del que fue víctima por parte de su pareja decidió separarse, quedándose sin ninguna entrada económica y dos hijos menores de edad que sostener. En medio de la dificultad su hermana la animó para que se dedicara a la venta ambulante de ropa, actividad que le permitió ahorrar y volver a montar su negocio. Hoy tiene grandes sueños los cuales espera materializar y para ello se encuentra solicitando un crédito que invertirá en surtido para la temporada de fin de año. Su prioridad es el bienestar de sus hijos por lo cual desea organizar su vivienda para mejorar la calidad de vida de su familia.

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
  • 296
    View loans »
    Colombia Loans Fundraising
  • $13,971,825
    Funds lent in using Kiva
  • 1,816.5
    Colombia Pesos (COP) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,125 helped Adriana María to buy an inventory of clothes for the year-end season.
100% repaid
Repayment Term
20 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Nov 22, 2012
Listed
Dec 3, 2012
Currency Exchange Loss:
Covered
Ended:
Dec 19, 2013