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Ludy Johana
Ludy,with the dream of starting her own business, growing both independently and economically, giving herself the self-satisfaction and for being a humble person, she is applying for a loan to buy merchandise like clothing and silver and steel accessories with the hope of starting a business that will allow her to enjoy a stable and lasting income without neglecting her home expenses and providing financial help to her parents.

Her main dream is to have a store serving with regular customers and good sales turnover.
View original language description ↓
Ludy, Con la ilusión de montar su propio negocio, crecer independientemente y crecer económicamente para darse los gustos que por ser una persona humilde siempre ha querido tener, solicita un préstamo para comprar mercancía en ropa y accesorios de plata y acero con lo que espera iniciar un negocio que le permita gozar de unos ingresos estables y duraderos, satisfaciendo asi todas sus necesidades sin descuidar los gastos de su casa y brindando ayuda monetaria a sus progenitores.
Su principal sueño es tener un almacén constituido y posicionado con clientes fijos y buena rotación de ventas.

Additional Information

More information about this loan

By supporting this loan, you're helping a borrower launch a new business!

This loan is designed for an entrepreneur who needs working capital to start a brand new business. Along with the loan, Kiva's field partner Interactuar provides counseling, training courses, and other financial resources to help new, riskier entrepreneurs set up young businesses.

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

  • $6,070
    Average annual income
  • 176
    View loans »
    Colombia Loans Fundraising
  • $13,077,075
    Funds lent in using Kiva
  • 1,867.4
    Colombia Pesos (COP) = $1 USD
Paying Back - Currency Exchange Loss

This loan has been fully funded!

A loan of $550 helped Ludy Johana to buy clothing, and silver and steel accessories to start her business and build her future.
42% repaid
Repayment Term
17 months (Additional Information)
Repayment Schedule
Jun 4, 2014
Jul 16, 2014
Currency Exchange Loss: