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Diana Marcela
Diana Marcela, 27, is single and doesn't have any children yet. Right now she is dedicated to finishing her degree in psychology, while also selling arepas store to store in her town. With hard work she has made enough money to cover her education costs and contribute to her household expenses. She is dedicated and tenacious and with the requested loan she wants to pay a corporate advisor in business creation because she would like to start a business with her new career. Her biggest dream is to be able to practice her profession, and put herself in a position to generate more income that will allow her to improve her wellbeing and the quality of life for her family.
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Diana Marcela es una mujer de 27 años, es soltera y aún no tiene hijos. Actualmente se dedica a terminar sus estudios de psicología, actividad que alterna con la atención de su distribuidora de arepas, producto que ofrece tienda a tienda en el área urbana del municipio, con gran esfuerzo ha obtenido ingresos para costear sus estudios y aportar al sostenimiento de su hogar. Diana es una mujer emprendedora y dedicada y con el préstamo que solicita desea pagar una asesoría especializada en la Corporación, sobre creación de empresas ya que desea montar una IPS donde pueda ejercer su carrera. Su principal sueño es poder realizarse profesionalmente, posicionarse y generar mayores ingresos que le permitan mejorar el bienestar y la calidad de vida para su familia.

Additional Information

More information about this loan

This loan is part of Interactuar's effort to being innovative and high-quality non-financial products to more borrowers.

In addition to credit, the organization provides training in business management, gastronomy, tourism, marketing, design, sales, and other areas. It also advises borrowers on their new and existing businesses, and its food laboratory helps farmers increase their crop yields. Together, all of these services help borrowers gain new skills and optimize their 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
  • 305
    View loans »
    Colombia Loans Fundraising
  • $13,796,725
    Funds lent in using Kiva
  • 1,910.0
    Colombia Pesos (COP) = $1 USD

Success!! The loan was 100% repaid

A loan of $475 helped Diana Marcela to buy a corporate advisor to help with business creation.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jun 12, 2013
Listed
Jul 14, 2013
Currency Exchange Loss:
Covered
Ended:
Jan 18, 2014