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Ángela María
Ángela, 41, is the mother of two children and the head of household since the time she faced the difficult moment of separating from her husband. For the last 15 years, she has worked in her own business; a beauty salon. She started it as an alternative to generate resources that would permit her to ensure the wellbeing of her children. She works alone every day from 8:00 AM to 8:00 PM. She learned this activity taking classes in a beauty academy and, little by little, she went acquiring more knowledge and perfecting her techniques. This has allowed her to become known in the sector for her quality of service.

Currently, she is applying for the support of the loan to buy a furniture set for the waiting room, a work station and different utensils and materials in bulk (hair treatments, dyes, shampoo, conditioner, among others). In this way, she will have the capacity to generate a direct employee and she will also be able to provide a better service. The customers will be more comfortable, which will help her improve her sales and income that she perceives.

Ángela, with her perseverance and projection towards a future, wishes to make her beauty salon grow. With this, she can generate more work opportunities for single mothers. As a result she will give a better wellbeing not only for her family, but she will also give support so that other people can enjoy better living conditions.
View original language description ↓
Ángela, con 41 años de edad, es madre de dos hijos y cabeza de hogar desde que enfrentó el difícil momento de la separación de su esposo. Desde hace 15 años, se dedica a trabajar en su propio negocio, una sala de belleza que inició como alternativa para generar recursos que le permitieran velar por el bienestar de sus hijos, trabaja sola todos los días de 8:00 am a 8:00 pm, la actividad la aprendió tomando clases en una academia de belleza y poco a poco fue adquiriendo más conocimientos y perfeccionando sus técnicas, lo que le ha permitido darse a conocer en el sector por la calidad de su servicio.
Actualmente solicita el apoyo del crédito para comprar un juego de muebles para sala de espera, un módulo de trabajo y los diferentes utensilios e insumos al por mayor (tratamientos capilares, tinturas, shampoo, acondicionador, entre otros), así estará en la capacidad de generar un empleo directo y además podrá prestar un mejor servicio, pues los clientes estarán más cómodos, lo que le ayudará a mejorar sus ventas y los ingresos que percibe.
Ángela con su perseverancia y proyección hacia un futuro, desea hacer crecer su salón de belleza, en el que pueda generar más oportunidades de empleo para madres cabezas de familia, dando como resultado un mejor bienestar no sólo para su familia, sino que aportará para que otras personas puedan disfrutar de mejores condiciones para vivir.

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
  • 363
    View loans »
    Colombia Loans Fundraising
  • $16,188,475
    Funds lent in using Kiva
  • 1,931.3
    Colombia Pesos (COP) = $1 USD
Paying Back - Currency Exchange Loss

This loan has been fully funded!

A loan of $1,050 helped Ángela María to buy a furniture set for a waiting room, a work station and different utensils and materials in bulk.
94% repaid
Repayment Term
26 months (Additional Information)
Repayment Schedule
Nov 15, 2013
Dec 18, 2013
Currency Exchange Loss: