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María Oberis
María, 35, has overcome many hard times since she separated from her husband. She suffered an emotional and financial crisis, and her parents were the only support for her and her young daughter.

To generate an income and contribute to the household expenses she decided to set up her own ice-cream shop in a property she owns. She has got a lot of knowledge and experience in this area because she had a similar business with her husband. However, after they separated, they had to close it, which left her bankrupt, forcing her to sell the few possessions that she had in order to pay off the debts.

This has led her to request this loan, which she will use to buy kitchen utensils (glasses, spoons, disposable glasses and other things), which will help her to start her new project. She hopes to be successful and become well-known in the sector both for the quality of her products and the excellent service she offers.

Her aim is to make her business a nice place, which she can share with her friends and family to celebrate good times. This way, she can achieve the success that will allow her to keep meeting household needs and offer her daughter a better standard of living.
View original language description ↓
María es una mujer de 35 años de edad que ha pasado por muchas dificultades tras la separación con su esposo, entró en una crisis tanto emocional, como económica en la que su padres fueron el único apoyo para ella y su pequeña hija. Con el ánimo de generar ingresos para aportar a la economía del hogar, ella desea iniciar su propio negocio de helados para el cual ya posee local, pues tiene amplio conocimiento y experiencia porque tenía un negocio similar en sociedad con su esposo, pero tras la separación éste se tuvo que cerrar, quedando en la ruina, lo que la obligó a vender los pocos enseres que poseía para saldar las deudas del mismo. Esto la lleva a solicitar el apoyo del crédito con el que comprará utensilios de cocina (copas, cucharas, vasos desechables, entre otros), así podrá dar inicio a su nuevo proyecto productivo del cual espera tener buenos resultados y comenzar a ser reconocido en el sector tanto por la calidad de sus productos, como por el excelente servicio que se prestará.
María tiene como propósito, hacer de su negocio un establecimiento agradable, en el que se pueda compartir en familia o con los amigos y disfrutar de un buen momento; así podrá lograr el éxito que requiere para continuar solventando las necesidades de su hogar y brindar mejor calidad de vida a su hija.

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.

Tags

About Colombia

  • $11,100
    Average annual income
  • 561
    View loans »
    Colombia Loans Fundraising
  • $14,903,600
    Funds lent in using Kiva
  • 1,924.9
    Colombia Pesos (COP) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,575 helped María Oberis to buy cooking utensils (glasses, spoons, disposable glasses and others).
100% repaid
Repayment Term
27 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Nov 27, 2013
Listed
Dec 29, 2013
Currency Exchange Loss:
Possible
Ended:
Oct 17, 2014