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Yaneri
Yaneri, 20, is the mother of two children, ages 6 and 3. She lives in a common-law marriage with her partner. She moved to the city about two years ago looking for new opportunities to get ahead.

It has been difficult to find a job in a business, however, because she lacks work experience. This motivated her to start her own business, a vegetable shop where she sells a variety of fruits and vegetables. She also wants to start selling fried foods like empanadas, pastry, fried dough, and other things to supplement her income. She hopes to support her husband with the financial responsibility of the household.

Her drive and enterprising spirit lead her to request the support of the loan, with which she wants to buy shelves to store the produce, produce wholesale, shelving, and a tank of propane gas. This way she can begin her work project, with which she hopes to be able to improve her family's living conditions.

Yaneri knows that to achieve her goals and get her business ahead she has to work with discipline, determination, and a lot of dedication. This is the key to success and being able to keep on making progress toward realizing her dreams. She especially dreams of having her own store, which will generate more profits for her so she can give her children a better future that is full of opportunities to advance and be honest and successful people.
View original language description ↓
Yaneri, con tan sólo 20 años de edad, es madre de dos hijos de 6 y 3 años y vive en unión libre con su compañero sentimental. Se trasladó a la ciudad hace aproximadamente dos años, en busca de nuevas oportunidades para salir adelante, pero le ha sido difícil emplearse en una empresa por la falta de experiencia laboral; esto la impulsó a tomar la decisión de iniciar su propio negocio, una legumbrería en la que ofrecerá diversas frutas y verduras, adicionalmente desea implementar una venta de alimentos fritos como empanadas, pasteles, buñuelos, entre otros para complementar los ingresos con los que espera poder apoyar a su esposo con la carga económica del hogar. Su empuje y espíritu emprendedor la llevan a solicitar el apoyo del crédito con el que desea comprar una estantería para almacenar las frutas y verduras, surtir las frutas y verduras al por mayor, comprar una freidora y una pipeta de gas propano, así podrá dar inicio a su proyecto productivo con el que espera poder mejorar las condiciones de vida de su familia. Yaneri es consciente que para lograr sus objetivos y sacar adelante su negocio, debe trabajar con disciplina, empeño y mucha dedicación, pues esta es la clave para tener éxito y así poder seguir avanzando hacia la consecución de sus sueños, especialmente el de realizar su actividad en un local propio, que le genere mejor rentabilidad y así poder dar un mejor futuro a sus hijos, lleno de oportunidades para progresar y ser personas íntegras y exitosas.

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
  • 488
    View loans »
    Colombia Loans Fundraising
  • $15,254,800
    Funds lent in using Kiva
  • 1,928.6
    Colombia Pesos (COP) = $1 USD
Ended with Loss - Currency Exchange Loss learn more
A loan of $375 helped Yaneri to buy vegetables, a deep fryer, and propane gas.
98% repaid
Repayment Term
15 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Oct 28, 2013
Listed
Dec 2, 2013
Currency Exchange Loss:
Possible
Ended:
Nov 17, 2014