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Aleyda
Aleyda, age 45, has three children. She is the head of the household since she separated from her husband. She currently tends to her business, a bakery that she started in order to generate income on her own. She did this because she saw the need to take care of her children.

A brother-in-law taught her everything having to do with making the products. This is because she did not have any knowledge about this subject. She was learning little by little. This way she was able to get her business ahead. She managed to be known in the neighborhood where she is located. In addition to selling bakery products, she also sells pastries and dairy products. This generates the income she needs to pay for the household’s basic necessities.

She wishes to invest in the purchase of fixed assets (cooling case and fan) and wholesale stock (pastries and dairy products). This way she will be able to improve the display of her dairy products, and she will have more variety available. This will increase the sales and her income.

Aleyda dreams of progressing with her business and of being able to offer new products that will be well received among her customers. This way she will have the opportunity to notably improve her family’s quality of life.
View original language description ↓
Aleyda, a sus 45 años de edad es madre de tres hijos y cabeza de hogar desde que se separó de su esposo. Actualmente se dedica a atender su negocio, una panadería que inició para generar ingresos por cuenta propia, ya que vio la necesidad de estar al cuidado de sus hijos. Un cuñado le enseñó todo lo relacionado con la elaboración de los productos, debido a que ella no tenía ningún conocimiento sobre este tema; poco a poco fue aprendiendo y, de esta forma pudo sacar adelante su negocio, logrando que fuera reconocido en el barrio donde está ubicado. Además de ofrecer productos de panadería, también vende mecato y productos lácteos, generando los ingresos necesarios para solventar las necesidades básicas de su hogar, mientras le dedica más tiempo a sus hijos. El crédito que solicita actualmente, lo desea invertir en la compra de activos fijos (vitrina enfriadora, ventilador) y surtido al por mayor (mecato y productos lácteos), de esta forma podrá mejorar la exhibición de los productos lácteos y tener más variedad disponible, lo que aumentará las ventas y sus ingresos. Aleyda sueña con progresar en su negocio y poder ofrecer nuevos productos que tengan buena acogida entre sus clientes, así tendrá la oportunidad de mejorar notablemente la calidad de vida 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.

Tags

About Colombia

  • $6,070
    Average annual income
  • 183
    View loans »
    Colombia Loans Fundraising
  • $13,171,600
    Funds lent in using Kiva
  • 1,887.5
    Colombia Pesos (COP) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,075 helped Aleyda to invest in the purchase of fixed assets (cooling case and fan) and wholesale stock (pastries and dairy products).
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Sep 9, 2013
Listed
Oct 7, 2013
Currency Exchange Loss:
Possible
Ended:
Jun 17, 2014