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Marisol
Marisol, 41, is married and mother of four children. She’s always been a housewife but because of the economic difficulties the family is going through, she’s decided to start her own business. She wants to set up an Internet access service in order to earn income to contribute to family support. She’s an enterprising, active woman who is aware of the technological reality that moves the world and she very much wants to move her family forward.

Because of this she requests a loan so that her business idea can take off. She will use it to buy work equipment (2 computers, a printer and chairs) and will pay for publicity (flyers) to be able to start her business that will make it possible for her to generate the resources needed to have economic stability at home.

Marisol dreams with making her business grow so that in the near future she can offer employment opportunities and expand her range of services thus improving her family’s quality of life and be able to provide an excellent education to all her children.
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Marisol, a sus 41 años de edad es casada y madre de 4 hijos. Siempre se ha dedicado a ser ama de casa, pero, por las dificultades económicas por las que atraviesa su familia, decide iniciar su propio negocio y quiere montar una sala de internet, con el fin de generar ingresos para aportar al sostenimiento de su familia. Ella es una señora emprendedora, activa, consciente de la realidad tecnológica que mueve al mundo y tiene muchas ganas de sacar adelante a su familia. Por esta razón solicita el apoyo del crédito para que su idea de negocio salga a flote, éste lo invertirá en la compra de equipos de trabajo (2 computadores, 1 impresora, sillas) y sacará publicidad (volantes) para poder iniciar su negocio y que le permita generar los recursos necesarios para tener una estabilidad económica en su hogar. Marisol, sueña con hacer crecer su negocio, que le permita en un futuro cercano brindar oportunidades de empleo y ampliar su portafolio de servicios, así mejorará la calidad de vida de su familia y podrá brindarle una excelente educación a todos sus hijos.

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.

Tags

About Colombia

  • $11,100
    Average annual income
  • 560
    View loans »
    Colombia Loans Fundraising
  • $14,903,600
    Funds lent in using Kiva
  • 1,884.2
    Colombia Pesos (COP) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,600 helped Marisol to buy equipment and pay for publicity.
100% repaid
Repayment Term
27 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jun 28, 2013
Listed
Jul 30, 2013
Currency Exchange Loss:
Covered
Ended:
Aug 30, 2014