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Adriana Elizet
Adriana is unemployed at present and is busy with her home and caring for her family, which is composed of her husband and her one son, who is 7 years old. Adriana, with her enterprising spirit and desire for achievement and to get ahead, was motivated to search for alternatives that would permit her to achieve that. As a result, she decided to create her own business, an Internet cafe and miscellany store.

She already has her location – it belongs to her husband – but she needs the assistance of a loan to purchase 4 computers, desks, chairs, and a selection of paper and other supplies. She also needs to prepare the space. In this manner, she can launch her productive project, where she will work Monday through Sunday from 9:00 am until 10:00 pm. Adriana wants to seize the advantage she has, having no competition in the sector where her business will exist.

Adriana is conscious of the fact that in order to advance her business, she must work with enterprise, and discipline, key to making it profitable and survive over time. She wishes to generate an economic stability that will allow her to help her husband with daily sustenance, providing the basic necessities for the home, and leading to a better quality of life and wellbeing.
View original language description ↓
Adriana actualmente se encuentra desempleada por lo que se encarga de su hogar y de cuidar su familia, conformada por su esposo y su único hijo de 7 años de edad. Ella, con su espíritu emprendedor y las ganas de superarse y salir adelante, la impulsan a buscar alternativas que le permitan lograrlo, por ello está decidida a montar su propio negocio, un café internet y miscelánea, para lo cual ya posee el local, que es propiedad de su esposo, pero requiere el apoyo del crédito para comprar 4 computadores, escritorios, sillas y surtido de papelería y variedades, adicionalmente realizará adecuaciones del espacio, así podrá dar inicio a su proyecto productivo, en el que trabajará de Lunes a Domingo de 9:00 am a 10:00 pm; aprovechando la ventaja que tiene de no poseer competencia cercana en el sector donde estará ubicado el establecimiento. Adriana es consciente que para sacar su negocio adelante, debe trabajar con empeño, dedicación y disciplina, pues es la clave para que éste sea rentable y perdure en el tiempo, generando una estabilidad económica que le permita apoyar a su esposo con el sustento diario y solventando las necesidades básicas del hogar, logrando tener una mejor calidad de vida y bienestar.

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

  • $11,100
    Average annual income
  • 491
    View loans »
    Colombia Loans Fundraising
  • $15,259,900
    Funds lent in using Kiva
  • 1,921.0
    Colombia Pesos (COP) = $1 USD
Paying Back - Currency Exchange Loss

This loan has been fully funded!

A loan of $3,650 helped Adriana Elizet buy 4 computers, desks, chairs, and a selection of paper and supplies, and to prepare new space.
40% repaid
Repayment Term
38 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Oct 23, 2013
Listed
Nov 25, 2013
Currency Exchange Loss:
Possible