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Gisela
Gisela, just 21 years old but already very productive, is single and has no children. She started by working in a store selling goods, but wanting to earn more money, she decided to start her own business. She began to sell goods door-to-door to gain a customer base. Her customers principally live in a town that she goes to every fifteen days, selling and delivering her products. She then returns to her hometown and runs a store on the property of a family member. By alternating her business like this, she is able to keep on supporting her household economy.

Gisela is a dynamic, entrepreneurial young woman, and passionate about what she does. With the advantage of being able to manage her own time, she alternates between different activities while earning her income. The loan she is currently requesting would be used to buy goods at wholesale, particularly athletic wear and undergarments, among other things. This will allow her to have a greater variety of products on hand to meet her customers' needs and increase her sales and income. Gisela dreams of continuing with her independent business, of strengthening it and making it profitable so that it guarantees her positive economic stability, improved well being, and quality of life.
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Gisela, a sus 21 años de edad, es soltera y no tiene hijos. Durante su vida productiva trabajó 3 años en un almacén vendiendo mercancía pero, con el ánimo de generar mejores ingresos decidió iniciar con su propio negocio, por lo que empezó a vender mercancía puerta a puerta y así fue consiguiendo su clientela que se encuentra ubicada especialmente en un pueblo al cual se traslada cada 15 días para ofrecer y entregar los productos encargados, luego se devuelve a la ciudad donde reside, allí alterna su negocio, manejando una tienda que es propiedad de un familiar, de esta manera obtiene ingresos adicionales para seguir aportando a la economía de su hogar. La cliente es una joven dinámica, emprendedora, apasionada por lo que hace, pues manifiesta que tiene la ventaja de manejar su propio tiempo, puede alternar diferentes actividades mientras que genera ingresos. Actualmente solicita el crédito con el fin de invertirlo en la compra de mercancía al por mayor (ropa sport, ropa interior, entre otros), de esta manera podrá tener más variedad de productos disponibles para satisfacer los gustos de sus clientes y así mejorar las ventas y por ende los ingresos. Gisela sueña con poder seguir con su negocio de manera independiente, fortalecerlo, acreditarlo para que sea rentable y le garantice una estabilidad económica favorable para mejorar su bienestar y calidad de vida.

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.

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About Colombia

  • $6,070
    Average annual income
  • 362
    View loans »
    Colombia Loans Fundraising
  • $14,083,800
    Funds lent in using Kiva
  • 1,920.3
    Colombia Pesos (COP) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,050 helped Gisela purchase wholesale clothing for resale.
100% repaid
Repayment Term
20 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Aug 14, 2013
Listed
Sep 15, 2013
Currency Exchange Loss:
Covered
Ended:
Oct 17, 2014