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Ladis Del Carmen
Ladis is the mother of a four-year-old son and lives with her partner. She had few job opportunities and found herself in a difficult financial situation, so Ladis decided to try and earn a living on her own. She opened a food stall 18 months ago and offers arepas [a stuffed corn meal dish] with pulled meat, chicken, and sodas. The income from her business has allowed Ladis to meet her household expenses.

Ladis is a very hard-working, sensible, energetic woman who is devoted to her family and to her work. She has overcome many obstacles and faces many risks by working in the street. However, Ladis doesn't see this as a reason to give up, but rather strives each day to sustain the business that has become her main source of income.

Having met so many challenges and established her business, Ladis has decided to apply for her first loan, which she will use to purchase fixed assets (a food cart) and wholesale supplies (arepas, chicken, cold cuts, breads, salsa, sodas, and disposable goods). These items and new products such as hamburgers and hot dogs will strengthen Ladis's business by allowing her to offer a greater variety of items to her customers. A broader menu will boost sales and income and allow Ladis to pursue her ambition of opening a restaurant. A fixed location would mean better working conditions and more customers. Ladis could also offer comfort and high-quality service to her customers. Realizing this dream will allow Ladis and her family to enjoy better living conditions and a happier life.
View original language description ↓
Ladis es madre de un hijo de 4 años de edad y vive en unión libre con su pareja. Por falta de oportunidades laborales y debido a la difícil situación económica por la que atravesaba, decidió buscar la opción de generar ingresos por cuenta propia, por lo que montó un puesto de venta de comida, allí ofrece arepas con carne desmechada, con pollo y gaseosas; de esta manera ha logrado obtener los ingresos necesarios para llevar el sustento a su hogar, durante un año y medio que lleva en funcionamiento. Ladis es una mujer emprendedora, juiciosa, pujante y dedicada a su familia y a su labor. Ha sobrepasado muchos obstáculos, pues está expuesta a muchos riesgos por el hecho de encontrarse ubicada en la calle. Sin embargo, esto no ha sido motivo para desistir, por el contrario, cada día se esfuerza más para sostener su negocio, pues se ha convertido en su principal fuente de ingresos. Esto la motiva para solicitar su primer ciclo de crédito, que será invertido en la compra de activos fijos (carrito de perros) e insumos al por mayor (arepas, pollo, carnes frías, panes, salsas, gaseosas, productos desechables), con el fin de fortalecer su negocio, incluyendo nuevos productos como perros calientes y hamburguesas, con lo que le podrá ofrecer más variedad de productos a los clientes que la visitan, lo que se verá reflejado en el incremento de sus ventas y por ende, sus ingresos. De esta manera podrá impulsarse para alcanzar el sueño de tener su negocio ubicado en un local propio, donde pueda mejorar las condiciones de trabajo e incrementar su clientela, ofreciendo comodidad y un excelente servicio a sus comensales; con lo cual podrá mejorar las condiciones de vida y disfrutar de un mejor bienestar al lado de 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
  • 495
    View loans »
    Colombia Loans Fundraising
  • $14,967,400
    Funds lent in using Kiva
  • 1,925.6
    Colombia Pesos (COP) = $1 USD

Success!! The loan was 100% repaid

A loan of $525 helped Ladis Del Carmen to purchase fixed assets (a food car) and wholesale inventory (breads, salsas, cold cuts, sodas, disposable products).
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jul 23, 2013
Listed
Aug 24, 2013
Currency Exchange Loss:
Covered
Ended:
Nov 17, 2014