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Deisy Yurani
Deisy is a young woman of twenty years who is passionate about the business world. She dreams of a near future when she has a chain of clothing and accessory stores. Her family is also in business, which is why she is both familiar with and has experience in this line of work.

She is asking for a loan which will be used to buy accessories such as necklaces, bracelets, and earrings, among other items. She will sell these in her area and launch her enterprise. With her profits, she is sure of earning enough to begin her university studies with the goal of becoming a great professional.
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Deisy es una joven de 20 años de edad, a quien le apasiona el mundo de los negocios. Sueña en un futuro próximo, con tener una cadena de tiendas de ropa y accesorios.
Su familia se dedica al comercio, por lo cual conoce y tiene experiencia en la actividad, razones por las que se encuentra solicitando un crédito que destinará en la compra de accesorios como collares, pulseras aretes, entre otros, con el fin de comercializarlos en su sector e iniciar con su proyecto de empresa.
Asegura que con las ganancias que obtendrá iniciará sus estudios universitarios con el fin de convertirse en una gran profesional.

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

  • $6,070
    Average annual income
  • 292
    View loans »
    Colombia Loans Fundraising
  • $14,007,675
    Funds lent in using Kiva
  • 1,847.5
    Colombia Pesos (COP) = $1 USD

Success!! The loan was 100% repaid

A loan of $550 helped Deisy Yurani purchase accessories like necklaces, bracelets, and earrings for resale.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Apr 24, 2013
Listed
May 24, 2013
Currency Exchange Loss:
Covered
Ended:
Dec 19, 2013