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Rut, 49, is the mother of two minor children. She loves her family and considers them to be the motor that propels her daily to make the effort to offer them better opportunities and guarantee them a good education.

Three years ago she decided to set up her own business, dedicated to selling stationary. She works daily from 9 in the morning until 6 in the afternoon with the purpose of being able to share more time with her family. She loves what she does and thanks God for the opportunity that he has given her, that of being able to generate her own income.

Today she wishes to be able to improve the selection at her business, which is why she is requesting a loan that she will use to buy stationery so she can satisfy the needs of her clients.

Her biggest dream is to be able to pay for her children's university studies because she believes that will be the best gift she can give them.
View original language description ↓
Rut de 49 años, es madre de dos hijos menores de edad. Ama su familia y considera que ellos son el motor que la impulsa diariamente a esforzarse para brindarles mejores oportunidades y garantizarles una buena educación.
Desde hace tres años decidió montar su propio negocio, dedicado a la venta de papelería en el cual labora diariamente de 9 de la mañana a 6 de la tarde. Con el fin de poder compartir más tiempo con su familia. Ama lo que hace y agradece a Dios la oportunidad de que le ha dado de generar sus propios ingresos. Hoy desea poder mejorar el surtido de su negocio, por lo cual se encuentra solicitando un crédito que destinará para la compra de papelería a fin de satisfacer las necesidades de sus clientes.

Su mayor sueño es poder pagarles a sus hijos estudios universitarios porque considera que será el mejor regalo que puede entregarles.

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
  • 485
    View loans »
    Colombia Loans Fundraising
  • $15,254,800
    Funds lent in using Kiva
  • 1,796.7
    Colombia Pesos (COP) = $1 USD

Success!! The loan was 100% repaid

A loan of $575 helped Ruth to buy stationery.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Jan 23, 2013
Mar 1, 2013
Currency Exchange Loss:
Dec 19, 2013