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Marelby Del Socorro
Marelby, 29, is single and has no children. She lives with two grandparents and a younger brother. Currently she works as a nurse's assistant. It's a very unstable job, though, because she works on contract or by the hour, which creates financial problems in her household.

With her enterprising, energetic, and positive attitude, she wants to start her own business, a fast-food stall where she'll work on the weekend from 5 p.m. until midnight. She hopes to earn a better income to support her family.

So her business idea will work, she's requesting a loan for help in buying fixed assests (a griddle, a cart, a canopy, kitchen utensils, and a refrigerator) for 1,000,000 pesos [COP] and supplies (cold cuts, bread, sauces, soda) for 500,000 pesos. This way she'll be able to offer her customers a variety of products to satisfy their tastes. She hopes to make progress and get her family ahead.

Marelby dreams of making her business grow, setting it up in her own space to give work to other people. She also dreams of improving her income and achieving economic stability so she can improve her quality of life.
View original language description ↓
Marelby, con 29 años de edad es soltera y no tiene hijos, vive con 2 abuelos y un hermano menor. Actualmente se dedica a laborar como auxiliar de enfermería, pero es una labor muy inestable ya que trabaja por contratos o por horas, esto le genera dificultades económicas en su hogar. Ella, con su actitud emprendedora, enérgica y positiva, desea iniciar su propio negocio, un puesto de comidas rápidas, donde trabajará los fines de semana de 5 de la tarde a 12 de la noche, con lo que espera obtener mejores ingresos para llevar el sustento a su hogar. Para que su idea de negocio funcione, solicita el crédito como un apoyo, para invertirlo en la compra de activos fijos (plancha, carro de perros, carpa, utensilios de cocina y nevera) por valor de $1.000.000 e insumos (carnes frías, panes, salsas, gaseosas) por valor de $500.000, de esta manera podrá ofrecerle a sus clientes variedad de productos que satisfagan sus gustos, con lo cual espera progresar y sacar adelante a su familia. Marelby sueña con hacer crecer su negocio, montarlo en un local propio para brindar la oportunidad de empleo a otras personas y mejorar sus ingresos logrando una estabilidad económica que le permita mejorar la calidad de vida.

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

  • $6,070
    Average annual income
  • 264
    View loans »
    Colombia Loans Fundraising
  • $13,480,775
    Funds lent in using Kiva
  • 1,884.2
    Colombia Pesos (COP) = $1 USD

Success!! The loan was 100% repaid

A loan of $800 helped Marelby Del Socorro to buy fixed assets and supplies.
100% repaid
Repayment Term
21 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jun 28, 2013
Listed
Jul 30, 2013
Currency Exchange Loss:
Covered
Ended:
Feb 20, 2015