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Ludys María
Ludys, who is 69 years old, still has energy to work every day for the well-being of her family. For approximately 10 years, she has worked as a seamstress, and in addition, she has a grocery store located in its own space. Thus she manages to supplement the income with which she helps her husband with the economic needs of the household, and in addition, she has raised their 8 children.

The loan that she is applying for will be invested in the purchase of a refrigerator and wholesale stock (snacks, baked goods, coffee, grains, and other items). This will allow her to offer a greater variety of products to satisfy the tastes and needs of the buyers, which will increase her level of sales and income.

Ludys states that her age is no hindrance to dreaming and continuing to work to achieve her goals; among them are giving continuity and permanence in time to her business, managing to attract new customers, and improving the living conditions of her family group.
View original language description ↓
Ludys, a sus 68 años de edad, aún tiene energías para luchar día a día por el bienestar de su familia; desde hace aproximadamente 10 años se dedica a trabajar en el campo de la confección y, de manera adicional tiene una tienda de abarrotes ubicada en un local propio, así logra complementar los ingresos con los que apoya a su esposo con la carga económica del hogar y además ha sacado adelante a sus 8 hijos.
El crédito que solicita lo invertirá en la compra de una nevera y surtido al por mayor (mecato, galletería, café, granos y otros), esto le permitirá ofrecer mayor variedad de artículos para satisfacer los gustos y necesidades de los compradores, lo que aumentará el nivel de ventas e ingresos.
Ludys manifiesta que su edad no es impedimento para soñar y seguir luchando para cumplir sus metas, entre ellas la de darle continuidad y permanencia en el tiempo a su negocio, lograr atraer nuevos clientes y mejorar las condiciones de vida de su grupo familiar.

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
  • 370
    View loans »
    Colombia Loans Fundraising
  • $16,188,475
    Funds lent in using Kiva
  • 1,973.8
    Colombia Pesos (COP) = $1 USD
A loan of $1,525 helped Ludys María to buy a refrigerator and wholesale stock (snacks, baked products, coffee, grains, and other items) for her store.
Repayment Term
27 months (Additional Information)
Repayment Schedule
Feb 25, 2014
Apr 3, 2014
Currency Exchange Loss:
May 3, 2014