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Hazbleidy
Hazbleidy, 20, is the mother of a four-year-old daughter, who is her main reason for trying to get ahead. She does sewing piecework in her workshop in her mother's dining room. She works every day from early morning to earn enough income to offer her daughter a better life. Her life has not been easy. Since she became a mother at an early age and her daughter's father was irresponsible, her dreams were cut short, and she found it necessary to work to support herself and her child.

Though her mother has been a great help, she doesn't have the resources to improve their circumstances. Hazbleidy's dream is to have a micro business, and she needs a loan to invest in a sewing machine and supplies to increase production and generate more income.
View original language description ↓
Hazbleidy de 20 años, es madre de una pequeña de 4 años de edad la cual es su mayor motivación y la razón para más importante para querer salir adelante.
Se dedica a la confección de terceros en un pequeño taller ubicado en la sala de la casa de su madre. Labora todos los días desde muy temprano con el fin de generar los ingresos suficientes para ofrecerle a su hija una mejor calidad de vida.
Su vida no ha sido fácil, pues por haberse convertido en madre a tan temprana edad, muchos de sus sueños se vieron truncados ya que el padre de su hijo nunca se hizo responsable. Se vio en la necesidad de colocarse a laborar para poder sostenerse, su madre ha sido su gran apoyo pero no cuenta con los recursos para ofrecerle mejores condiciones de vida. Por esta razón sueña en convertirse en una microempresaria y para lograrlo se encuentra solicitando un crédito que invertirá en la compra de una máquina plana e insumos para incrementar los niveles de producción y generar mayores ingresos.

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
  • 366
    View loans »
    Colombia Loans Fundraising
  • $14,082,900
    Funds lent in using Kiva
  • 1,770.0
    Colombia Pesos (COP) = $1 USD

Success!! The loan was 100% repaid

A loan of $850 helped Hazbleidy to buy a sewing machine, fabric, and thread.
100% repaid
Repayment Term
20 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Dec 21, 2012
Listed
Jan 6, 2013
Currency Exchange Loss:
Covered
Ended:
Aug 30, 2014