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Yudy Cristina
Yudy, age 23, is a young woman with a promising future. She provides manicure and pedicure services to her neighbors and friends in the area. Yudy plans to increase her clientele, so she is requesting a loan so that she can invest in the purchase of a motorcycle. She would like to start making home visits, which would allow her to generate more income.

Her greatest wish is to continue her studies and learn everything related to the beauty trade. In the near future, she hopes to establish her own business and become a successful entrepreneur.

View original language description ↓
Yudy de 23 años de edad, es una joven con un futuro promisorio. Se dedica a prestar el servicio de manicure y pedicure entre sus vecinos y amigos del sector. Con el propósito de incrementar su clientela, se encuentra solicitando un crédito que invertirá en la compra de una motocicleta, con el fin de comenzar hacer domicilios, lo que le permitirá generar un mayor número de ingresos.
Su mayor sueño es seguir estudiando y aprender todo lo relacionado con belleza, ya que espera en un futuro próximo montar su propio negocio y convertirse en una gran emopresaria.

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
  • 392
    View loans »
    Colombia Loans Fundraising
  • $16,282,675
    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 Yudy Cristina to buy a motorcycle so that she can travel to the homes of her clients.
100% repaid
Repayment Term
26 months (Additional Information)
Repayment Schedule
Apr 11, 2013
Apr 20, 2013
Currency Exchange Loss:
Oct 17, 2014