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Edilma María
Edilma is a housewife, worthy of admiration and respect. With her efforts and perseverance she has managed to get ahead. Edilma tells us that her life has not been easy, due to the fact that her husband abandoned her and she had to assume all responsibilities for the home and the well-being of her 4 children. Despite the difficult economic situation that Edilma confronted, her hope was never extinguished and her children became the fundamental factor in her desire to get ahead.

Thanks to the collaboration of her mother, Edilma began her entrepreneurial project, creating a small vegetable store in her home. And thanks to customer demand, the business has been growing, to the point where she now offers the products that make up the family basket.

Today Edilma is a woman grateful to God for her life with this opportunity available to build her own business and to guarantee her children a good quality of life and better educational opportunities.

With the proposition of seeing her business grow and her economic condition stabilize, Edilma is requesting a loan for the purpose of purchasing a selection of merchandise, as she dreams of seeing her store grow.
View original language description ↓
Edilma es ama de casa, digna de admiración y respeto, con su esfuerzo y perseverancia ha logrado salir adelante. Cuenta que su vida no ha sido fácil, debido a que su esposo la abandonó y debió asumir las responsabilidades del hogar y velar por el bienestar de sus cuatro hijos. A pesar de la difícil situación económica que Edilma afrontó, su esperanza nunca se extinguió y sus hijos se convirtieron en el factor fundamental para salir adelante.
Gracias a la colaboración de su madre, comenzó con su proyecto de empresa, creando una pequeña legumbrería en su vivienda y gracias a la demanda de sus clientes ha ido creciendo hasta ofrecer productos de la canasta familiar.
Hoy Edilma es una mujer agradecida con Dios y con la vida por la oportunidad concedida para montar su propio negocio y garantizarles a sus hijos una buena calidad de vida y mejores oportunidades educativas.
Con el propósito de ver crecer su negocio y estabilizar su condición económica, Edilma se encuentra solicitando un crédito que destinará en la compra de surtido, ya que sueña con ver crecer su tienda.

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
  • 372
    View loans »
    Colombia Loans Fundraising
  • $15,691,700
    Funds lent in using Kiva
  • 1,804.5
    Colombia Pesos (COP) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,400 helped Edilma María to purchase products included in the family basket for her small store.
100% repaid
Repayment Term
26 months (Additional Information)
Repayment Schedule
Feb 13, 2013
Mar 14, 2013
Currency Exchange Loss:
Jun 17, 2014