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Miriam Amparo
Miriam is head-of-household; she has six children she strives to move forward alone. She currently works tending to her business located in a very busy sector of the region she lives in. She offers there a variety of basic staple items like dairy products, bread, cookies and crackers, eggs, meats, soft-drinks, etc. with which she earns income to provide her family with daily sustenance.

She’s a well-organized, responsible and very hardworking woman who despite the economic difficulties she’s had does not stand still and always seeks options to get ahead. This is what motivated her to request her first loan to buy stock merchandise for her store (eggs, dairy products, cleaning supplies, packaged snacks, soft-drinks) to have a variety of goods on-hand to satisfy customer needs thus increasing sales so that her income will improve and to be able to provide her children with better quality of life and good education.
View original language description ↓
Miriam es madre cabeza de familia, pues tiene 6 hijos por los que ha luchado para sacarlos adelante sola. Actualmente ella se dedica a atender su negocio, ubicado en una zona muy transitada de la región donde vive, allí ofrece variedad de productos de la canasta familiar como lácteos, pan, galletería, huevos, cárnicos, gaseosas, entre otros, con lo cual obtiene recursos para llevar el sustento diario a su familia. Es una señora organizada, responsable y muy trabajadora, a pesar de las dificultades económicas por las que ha pasado, no se detiene, siempre busca opciones para salir adelante, por eso se motivó para solicitar su primer crédito, con el fin de invertirlo en la compra de surtido para su negocio (huevos, lácteos, productos de aseo, mecato, gaseosas) para poder tener disponibilidad y variedad de productos para satisfacer las necesidades de sus clientes y así incrementar las ventas, para que sus ingresos mejoren y poder brindarle a sus hijos una mejor calidad de vida y buena educación.

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
  • 396
    View loans »
    Colombia Loans Fundraising
  • $16,282,675
    Funds lent in using Kiva
  • 1,881.5
    Colombia Pesos (COP) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,075 helped Miriam Amparo to buy stock merchandise for her store.
100% repaid
Repayment Term
20 months (Additional Information)
Repayment Schedule
Jun 20, 2013
Jul 24, 2013
Currency Exchange Loss:
Apr 17, 2014