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Brahiam Humberto
Brahiam, at 29 years old, dreams of starting his own business and working independently. He will sell liquor and beverages, something that he learned through family tradition because he parents also do this.

With the dream of being independent and making his own money, this young man is betting on his business idea, which is why he is requesting a loan that he will use to purchase inventory.

He dreams of growing within the local market, gaining experience, and expanding to a regional level.
View original language description ↓
Brahiam a sus 29 años de edad, sueña con crear su propio negocio y laborar como independiente, comercializará licor y bebidas, actividad que aprendió por tradición familiar, debido a que sus padres se dedican a este oficio.
Con el sueño de ser independiente y generar sus propios ingresos, este joven le apuesta a su idea de negocio por lo cual se encuentra solicitando un crédito que invertirá en la compra de surtido.
Sueña con crecer dentro del mercado local, adquirir experiencia y expandirse a nivel regional.

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
  • 370
    View loans »
    Colombia Loans Fundraising
  • $16,188,475
    Funds lent in using Kiva
  • 1,906.5
    Colombia Pesos (COP) = $1 USD
A loan of $2,100 helped Brahiam Humberto purchase liquor and beverages.
Repayment Term
27 months (Additional Information)
Repayment Schedule
May 30, 2013
Jun 23, 2013
Currency Exchange Loss:
Jul 23, 2013