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Darnelly
Darnelly, 41, is married and has two children, ages 15 and 20. Since she has cared for them since birth, she has never worked outside the home. She now finds herself in a difficult situation because her husband is unemployed. She has decided to sell catalog merchandise, which does not involve a lot of time and allows her to do household chores. Darnelly is determined and won't give up despite the obstacles in her path; she will work hard and courageously to provide for her family.

Her main dream is to improve her financial situation and offer her children the opportunity to go to college and have careers. She is now applying for a loan to buy clothing to sell during the year-end season so that she can increase her income and improve her family's quality of life.
View original language description ↓
Darnelly de 41 años, es casada y tiene dos hijos de 15 y 20 años de edad, a los cuales se ha dedicado desde que nacieron, razón por la cual nunca laboró. Debido a la difícil situación por la que se encuentran atravesando, debido a que su esposo se quedó sin empleo. Ella tomó la determinación de vender productos por catálogo, el cual no demanda mucho tiempo y le permite estar pendiente de los deberes del hogar. Darnelly es una mujer luchadora que no se rinde ante las pruebas que se encuentra en el camino, con valentía y vigor, lucha por sacar adelante a su familia.

Su mayor sueño es poder mejorar su condición económica y poderle ofrecer a sus dos hijos la oportunidad de ingresar a la universidad, para que se formen como profesionales. En la actualidad se encuentra solicitando un crédito que invertirá en la compra de mercancía-Ropa- para la venta, en la temporada de fin de año, con el fin de aumentar sus ingresos y mejorar la calidad de vida en su hogar.

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
  • 538
    View loans »
    Colombia Loans Fundraising
  • $14,929,875
    Funds lent in using Kiva
  • 1,767.5
    Colombia Pesos (COP) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,700 helped Darnelly to buy clothing inventory.
100% repaid
Repayment Term
26 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Dec 20, 2012
Listed
Jan 2, 2013
Currency Exchange Loss:
Covered
Ended:
Dec 17, 2014