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María Liliana
María is a young woman who is 29 years of age. She learned how to work from a very young age due to her family’s difficult financial situation. Thanks to her father, who owned a legume stand, María learned his trade and is now in the same line of work. She has managed her own business for five years and this enables her to support herself and her mother. María dreams of expanding her business and opening new locations since this will provide other people with the opportunity to work.

In order to pursue this dream, María is requesting a loan so that she can invest in the purchase of a cooler, shelving, fruits, and vegetables. She believes this investment will improve her level of sales and her family’s quality of life.

View original language description ↓
María es una joven de 29 años de edad, quien aprendió a laborar desde muy joven debido a la difícil condición económica de su familia. Gracias a su padre, quien tenía una legumbrería aprendió del oficio y hoy se dedica a la misma actividad. Desde hace cinco años tiene su propio negocio, el cual le permite generar el sustento para ella y su madre. Sueña con expandir su legumbrería y abrir nuevas sedes, brindándoles a otras personas la oportunidad de emplearse. En búsqueda de su sueño, esta mujer se encuentra solicitando un crédito que invertirá en la compra de una nevera, estantería, frutas y hortalizas. Considera que con esta inversión mejorará un nivel de ventas y 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

  • $11,100
    Average annual income
  • 356
    View loans »
    Colombia Loans Fundraising
  • $15,636,375
    Funds lent in using Kiva
  • 1,850.0
    Colombia Pesos (COP) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,100 helped María Liliana to buy a cooler, shelving, fruits, and vegetables.
100% repaid
Repayment Term
26 months (Additional Information)
Repayment Schedule
Apr 11, 2013
Apr 21, 2013
Currency Exchange Loss:
Jun 18, 2015