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Dalvis Del Carmen
Dalvis is the owner of a sewing workshop in her home where she makes and sells clothing. She is separated from the father of her three children. For this reason, she must work hard to generate income for her family and for their education.

Dalvis urgently needs to buy a machine so that she can reduce her production time and fulfill her customers’ orders. She dreams of increasing the number of machines and generating jobs.

View original language description ↓
Dalvis, es propietaria de un taller de confección ubicado en su casa en el cual elabora y comercializa prendas de vestir. Se encuentra separada del padre de sus tres hijos, por lo cual ha tenido que trabajar arduamente para generar los ingresos para su familia y su educación.
Dalvis, requiere con urgencia de la compra de una maquina que le permita reducir los tiempos de producción y cumplirle a sus clientes con los pedidos.
Sueña con incrementar su número de maquinas y generar empleos directos.

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
  • 355
    View loans »
    Colombia Loans Fundraising
  • $15,636,375
    Funds lent in using Kiva
  • 1,832.5
    Colombia Pesos (COP) = $1 USD

Success!! The loan was 100% repaid

A loan of $550 helped Dalvis Del Carmen to buy a sewing machine.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Apr 22, 2013
May 10, 2013
Currency Exchange Loss:
Nov 18, 2013