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Diana Patricia
Diana is a hard-working, charismatic, helpful, 31-year-old woman. She is married and has a four-year-old child who is her main motivation to fight with determination and dedication.

Currently she works at a local university carrying out various duties, but she plans to open a sewing shop so she can improve her income. She already has three machines which she bought with the salary from her job, but she is requesting a loan so that she can buy two second-hand overlock machines which she can get for a good price. Then she can start her new project which she hopes will generate enough income to provide her son with a better quality of life and an education.

In the future, Diana aims to devote herself fully to her independent business and spend more time with her family while generating resources to support her husband with the household finances and enjoy a better quality of life together with her loved ones.
View original language description ↓
Diana es una mujer trabajadora, carismática y servicial, a sus 31 años de edad es casada y tiene un hijo de 4 años, quien se ha convertido en su principal motivación para luchar con empeño y dedicación.
Actualmente se desempeña como empleada de oficios varios en una institución universitaria de la ciudad pero, con el ánimo de mejorar los ingresos desea iniciar un taller de confección para lo cual ya posee 3 máquinas que ha ido comprando con el salario que devenga en su empleo, para ello solicita el apoyo del crédito que será invertido en la compra de 2 máquinas fileteadoras de segunda mano que le están ofreciendo a buen precio, así podrá dar inicio a su nuevo proyecto productivo con el que espera generar recursos suficientes para dar a su hijo un mejor bienestar y educación.
Diana tiene como propósito para el futuro dedicarse de lleno a su negocio independiente y así pasar más tiempo con su familia mientras genera recursos para apoyar a su esposo con la carga económica del hogar y disfrutar una mejor calidad de vida al lado de sus seres amados.

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
  • 492
    View loans »
    Colombia Loans Fundraising
  • $14,964,925
    Funds lent in using Kiva
  • 2,052.0
    Colombia Pesos (COP) = $1 USD
Ended with Loss - Currency Exchange Loss learn more
A loan of $750 helped Diana Patricia to buy two overlock sewing machines.
96% repaid
Repayment Term
15 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jan 29, 2014
Listed
Mar 9, 2014
Currency Exchange Loss:
Possible
Ended:
Apr 18, 2015