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Ana Paola
Ana is a single mother of two children who are 5 and 2 years old. She has her own business where she works in a beauty salon. She acquired this approximately 8 months ago, as a result of a change in ownership. The owner gave her the option to pay for the total value of the property in monthly installments.

She works here Monday through Saturday, applying her knowledge she acquired from different training courses. She has the advantage of being in a good location where there is a busy street and she can attract new customers. In this way, she can generate economic resources to meet the basic needs for her home.

Ana is a very active, happy, and charismatic woman who is passionate about her work. She is always looking for new alternatives that will allow her to advance in meeting her objectives. It is because of this that she discovered the loan options which support an increase in working capital.

She will use this money to buy working tools and input (scissors, a hair dryer, an iron for hair, hair treatments, dyes, and others). This will permit her to provide a better service to her clients, especially in the Christmas season. At this time of year, the requests for services increase because generally people want to look good on these special occasions.

This will increase her income dramatically. Ana has stated that her principal objective is to continue to better her technical skills and knowledge to transform her business to a higher level. She also wants to be more competent in her market to guarantee a better income. With this, she can provide an excellent education and quality of life for her children.
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Ana es una madre soltera de dos hijos de 5 y 2 años de edad, se dedica a atender su propio negocio, una sala de belleza que adquirió hace aproximadamente 8 meses, como resultado de un cambio que hizo con el propietario quien le dio la facilidad de pagar en cuotas mensuales el valor total del establecimiento, allí trabaja de Lunes a Sábado, aplicando los conocimientos que adquirió en diferentes cursos de capacitación que realizó; cuenta con la ventaja de estar muy bien ubicado, en una calle muy transitada lo que le permite atraer nuevos y potenciales clientes; de esta manera genera los recursos económicos que requiere para solventar las necesidades y gastos básicos de su hogar. La titular es una mujer muy activa, alegre y carismática, apasionada por su labor; siempre va buscando nuevas alternativas que le permitan avanzar para cumplir sus objetivos por esta razón encuentra en el crédito, un apoyo para fortalecer su capital de trabajo, pues con el dinero comprará herramientas de trabajo e insumos al por mayor (tijeras, secador, plancha para el cabello, tratamientos capilares, tinturas, entre otros), esto le permitirá prestar un mejor servicio a sus clientes, especialmente en la temporada de navidad, en la que las solicitudes del servicio incrementan pues generalmente las personas desean verse bien presentadas en estas fechas especiales, esto le aumenta notablemente los ingresos que percibe por su labor. Ana manifiesta que su principal objetivo es seguir mejorando su técnica y sus conocimientos para llevar su negocio a convertirse en una sala de belleza de alto nivel, que sea más competente en el mercado y, que le garantice mejores ingresos para dar a sus hijos una excelente educación 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.


About Colombia

  • $11,100
    Average annual income
  • 367
    View loans »
    Colombia Loans Fundraising
  • $15,676,275
    Funds lent in using Kiva
  • 1,884.5
    Colombia Pesos (COP) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,600 helped Ana Paola to buy working tools and input (scissors, a hair dryer, an iron for hair, hair treatments, dyes, and others).
100% repaid
Repayment Term
27 months (Additional Information)
Repayment Schedule
Sep 30, 2013
Nov 1, 2013
Currency Exchange Loss:
Sep 17, 2015