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Claudia Patricia
Claudia Patricia’s a 38-year-old married woman with a 14-year-old son. She’s a social communicator and practiced her profession for 14 years but the firm she worked for had a staff reduction and she was laid off. She looked for work for two years but seeing that nothing was available she decided to open her own business, a shop selling women’s accessories and costume jewelry display cases, an activity that has allowed her to earn income to support her home.

She’s a hardworking woman who very much wants to get ahead; she works long hours daily. She wants to use the requested loan to buy more assorted merchandise (necklaces, earrings, rings, bracelets) and costume jewelry display cases in order to offer more variety and attract more customers. Her main dream is to make her business grow so that her income will increase and her economy will be more stable and she can offer her family better quality of life.
View original language description ↓
Claudia Patricia es una mujer de 38 años de edad, es casada y tiene un hijo de 14 años. Ella es comunicadora social y ejerció su profesión durante 14 años, pero la empresa donde laboraba hizo recorte de personal y ella fue despedida; durante 2 años buscó oportunidades de empleo, pero en vista que no consiguió decidió montar su propio negocio, un local de venta de accesorios para dama y exhibidores de bisutería, actividad que le ha permitido generar ingresos para apoyar el sustento en su hogar. Es una mujer trabajadora y con ganas de salir adelante, trabaja largas jornadas diariamente. Con el crédito que solicita desea comprar más surtido de mercancía (collares, aretes, anillos, pulseras) y exhibidores de bisutería, con el fin de ofrecer más variedad y atraer más clientes. Su principal sueño es hacer crecer su negocio, que le permita incrementar sus ingresos para tener una economía más estable y brindarle una mejor calidad de vida a su familia.

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
  • 365
    View loans »
    Colombia Loans Fundraising
  • $15,629,950
    Funds lent in using Kiva
  • 1,900.5
    Colombia Pesos (COP) = $1 USD

Success!! The loan was 100% repaid

A loan of $800 helped Claudia Patricia to buy merchandise and jewelry display cases.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Jun 14, 2013
Jul 16, 2013
Currency Exchange Loss:
Apr 17, 2014