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Erisbey
Erisbey is 35 years old, single and has no children. She is currently unemployed and it hasn't been easy to find new employment opportunities, this is why with the goal to generate her own income, has decided to start her own business, a convenience store where she will also sell legumes, she already has the location for it in a popular neighborhood of the city where she lives; the business was set up with savings she had, but she now wanting to request a loan, to invest it in buying fixed assets (displays and shelves) and to stock at wholesale prices (vegetables, grains, pasta, cleaning products and other basic needs products), this will give her the possibility to start with the business idea, with which she hopes to attract many customers, who will see the quality of her products and the service she provides, hoping the latter will differentiate her and help her build a client base and as a result, sales. Erisbey is active, entrepreneurial and works hard, day to day she is looking for new possibilities to open doors that will help her progress and improve her quality of life, and this way move towards achieving her mail goal which is to have a mini-market that is well-known, profitable and sustainable over time, with which she hopes to generate jobs to mothers that are heads of their household.
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Erisbey es una mujer de 35 años de edad, soltera y no tiene hijos. Actualmente está desempleada y no le ha sido fácil conseguir nuevas oportunidades de empleo, por esta razón y, con el ideal de generar ingresos por cuenta propia, desea iniciar su propio negocio, una tienda de abarrotes y legumbrería, para lo cual ya tiene local que se encuentra ubicado en un barrio popular de la ciudad donde reside; el negocio lo ha ido organizando con unos ahorros que poseía, pero actualmente se anima a solicitar el crédito, para invertirlo en la compra de activos fijos (estanterías y vitrinas) y surtido al por mayor (verduras, granos, pastas, productos de aseo y otros productos de la canasta familiar), esto le dará la posibilidad de iniciar con su idea de negocio, con el cual espera atraer muchos clientes para que conozcan la calidad de sus productos y del servicio que ofrece, pues este último será el factor diferenciador que le hará aumentar poco a poco su clientela y por ende, sus ventas. Erisbey es activa, emprendedora y pujante, día a día está en busca de nuevas posibilidades que le abran las puertas para llegar a progresar y mejorar las condiciones de vida y, así avanzar hacia el cumplimiento de su principal sueño que es tener un minimercado, reconocido, rentable y sostenible en el tiempo, con el que espera generar nuevas oportunidades de empleo a madres cabeza de hogar.

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
  • 163
    View loans »
    Colombia Loans Fundraising
  • $13,192,425
    Funds lent in using Kiva
  • 1,940.4
    Colombia Pesos (COP) = $1 USD
Paying Back

This loan has been fully funded!

A loan of $1,550 helped Erisbey to buy fixed assets (displays and shelves) and to stock at wholesale prices (vegetables, grains, pasta, cleaning products and other basic needs products).
67% repaid
Repayment Term
27 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jul 29, 2013
Listed
Aug 31, 2013
Currency Exchange Loss:
Covered