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Luz Nancy
Luz is a 41-year-old mother who heads her family of two children. Due to her difficult economic situation, she has had to work a number of jobs so that she can help her family move forward and provide them a better future.

At the moment, Luz wants to establish her own business – a cafeteria that has finished construction at a health institution in the city of Medellín. For this reason, she is requesting a loan so that she can invest in the purchase of a food warmer, a coffee dispenser, utensils, and inventory. Her greatest wish is to provide her two children with better living conditions and the opportunity to enroll at the university.

View original language description ↓
Luz de 41 años de edad, es madre cabeza de familia de dos hijos. Por su difícil condición económica ha laborado en innumerables trabajos con el fin de sacar su familia adelante y brindarle un mejor futuro.
En la actualidad, desea montar su propio negocio; una cafetería que están terminando de construir en una IPS, de la ciudad de Medellín. Razón por la cual se encuentra solicitando un crédito que invertirá en la compra de un calentador, greca, utensilios y surtido.
Su mayor deseo es poder brindarles a sus dos hijos mejores condiciones de vida y la oportunidad de ingresar a la universidad.

Additional Information

More information about this loan

By supporting this loan, you're helping a borrower launch a new business!

This loan is designed for an entrepreneur who needs working capital to start a brand new business. Along with the loan, Kiva's field partner Interactuar provides counseling, training courses, and other financial resources to help new, riskier entrepreneurs set up young businesses.

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
  • 381
    View loans »
    Colombia Loans Fundraising
  • $16,230,175
    Funds lent in using Kiva
  • 1,832.5
    Colombia Pesos (COP) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,650 helped Luz Nancy to buy a food warmer, a coffee dispenser, utensils, and inventory.
100% repaid
Repayment Term
26 months (Additional Information)
Repayment Schedule
Apr 19, 2013
May 10, 2013
Currency Exchange Loss:
May 17, 2015