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Gleidys Jazmín
Gleidys Jazmín is a 27-year-old woman, and is the mother of an 8-year-old boy. She lives in a common-law marriage with her partner. Six years ago, she began to sell merchandise through catalogs (perfume, accessories, clothing), an activity that she alternates with a home nail service (manicure and pedicure).

She is an enterprising and hardworking person. Day to day, she works in order to generate an income for her home, working arduous days and doing the home visits by bicycle. With the loan that she requests, she hopes to purchase a motorbike and to buy more assorted products and materials, like accessories, clothing, sheets for beds, nail polish, nail files, and other items.

In this way, she will grow her sales and will be able to reach a new level of income. Her greatest dream is to have a large variety store. This would allow her to spend more time with her young son and to offer him a better well-being in the future.
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Gleidys Jazmín es una mujer de 27 años de edad, madre de un hijo de 8 años y vive en unión libre con su pareja actual. Desde hace 6 años comenzó a vender mercancía por catálogos (perfumería, accesorios, ropa), actividad que alterna con el servicio de arreglo de uñas (manicure y pedicure) a domicilio. Es una persona emprendedora y trabajadora, día a día se esfuerza para generar ingresos para su hogar, laborando arduas jornadas y haciendo los domicilios en bicicleta. Con el crédito que solicita desea adquirir una moto y comprar más surtido de productos e insumos (accesorios, ropa, acolchados para camas, esmaltes para uñas, limas, entre otros), con el objetivo de facilitar su movilización, realizar los domicilios de manera ágil y oportuna y, tener más variedad de productos para ofrecer a los clientes; de esta forma incrementará sus ventas y podrá mejorar el nivel de ingresos. Su principal sueño es montar un gran almacén de variedades, que le permita pasar más tiempo con su pequeño hijo y brindarle un mejor bienestar en el futuro.

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
  • 562
    View loans »
    Colombia Loans Fundraising
  • $14,903,600
    Funds lent in using Kiva
  • 1,922.1
    Colombia Pesos (COP) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,050 helped Gleidys Jazmín to purchase a motorbike and to buy assorted products and materials (accessories, clothing, sheets for beds, nail polish, nail files, and others).
100% repaid
Repayment Term
20 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jun 11, 2013
Listed
Jul 12, 2013
Currency Exchange Loss:
Covered
Ended:
Nov 17, 2014