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Victoria Elisa
Victoria, 41, is an enterprising, active woman who has taken courses in party decoration, lingerie, country themed decorations and is currently taking a course on footwear and clothing sales. She’s unemployed and this is why she wants to start her own business to generate income to contribute towards household expenses. She wants to sell clothes and footwear because she’ll be able to put into practice what she’s learned in the courses she’s taking that way.

Her drive and self-improvement spirit encourage her to request support from a loan to use to buy merchandise at wholesale (blouses, t-shirts, jeans, sandals, shoes) to launch her business venture that she hopes to get good results from for she’ll have a wide variety of articles of clothing to meet the needs and desires of both the women and the men in her clientele.

Income generated from sales will be aimed at helping to support her family consisting of her husband and three children who are her main motivators to get ahead and for whom she strives tirelessly to provide the best possible well-being and quality of life.
View original language description ↓
Victoria es una mujer emprendedora y activa; a sus 41 años de edad ya ha realizado cursos de decoración de fiestas, lencería, artículos de decoración en arte country y, actualmente realiza un curso de capacitación en comercialización de calzado y ropa. Se encuentra desempleada y por ello desea iniciar su propio negocio con el ánimo de generar ingresos para aportar a la economía de su hogar; desea vender ropa y calzado ya que así podrá poner en práctica lo aprendido en los estudios que realiza. Su empuje y su espíritu de superación la impulsan a solicitar el apoyo del crédito para invertirlo en la compra de mercancía al por mayor (blusas, camisetas, jeans, sandalias, zapatos) con la que podrá poner en marcha su proyecto productivo y del que espera obtener buenos resultados, pues tendrá gran variedad de prendas para satisfacer las necesidades y gustos de su clientela tanto masculina como femenina. Los ingresos que genere de sus ventas serán direccionados a aportar para el sostenimiento de su familia, conformada por su esposo y tres hijos, quienes son su principal motivación para salir adelante y por los que lucha incansablemente para darles siempre un mejor bienestar y 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.

About Colombia

  • $11,100
    Average annual income
  • 471
    View loans »
    Colombia Loans Fundraising
  • $15,266,875
    Funds lent in using Kiva
  • 1,887.5
    Colombia Pesos (COP) = $1 USD
Expired
A loan of $2,650 helped Victoria Elisa to buy merchandise at wholesale.
Repayment Term
26 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Sep 12, 2013
Listed
Oct 11, 2013
Currency Exchange Loss:
Possible
Expired:
Nov 10, 2013