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Leidy Vanesa
Leidy is 19 years old and she and her sister have decided to start a fast food business near their home in Medellin.

Leidy works every day from 9:00 am to 8:00 pm. She is a very responsible, judicious and focused young woman.

Her dreams include being able to have a restaurant where she can offer different types of food.

She is asking for a loan to stock her business with soft drinks and beers. She also wants to use some of the money for advertising.

The loan will impact her life favorably and she will be able to achieve her dream of having a greater variety of soft drinks to offer along with her foods.
View original language description ↓
Leidy, de 19 años, junto con su hermana han optado por montar un negocio de comidas rápidas cerca a su casa ubicada en el municipio de Medellín.
Leidy trabaja todos los días desde las 9 de la mañana hasta las 8 de la noche, es una joven muy responsable, juiciosa y aplicada.
Entre sus sueños más latentes esta el poder tener un restaurante en el que ofrezcan distintos tipos de alimentos.
Ella pide un aliento económico para surtir su negocio de gaseosas y cervezas, adicionalmente invertir parte del dinero en publicidad para aumentar la presencia del negocio.
El crédito impactara su vida de un modo favorable pues podrá cumplir con su sueño y tendrá una mayor variedad de bebidas para ofrecer junto con sus alimentos.

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.

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About Colombia

  • $6,070
    Average annual income
  • 231
    View loans »
    Colombia Loans Fundraising
  • $12,881,350
    Funds lent in using Kiva
  • 1,885.0
    Colombia Pesos (COP) = $1 USD

Success!! The loan was 100% repaid

A loan of $425 helped Leidy Vanesa to stock her business with beverages.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
May 21, 2014
Listed
Jun 19, 2014
Currency Exchange Loss:
Possible
Ended:
Sep 25, 2014