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Leidy Johana
Greetings from Colombia!

Leidy is a dedicated, hard-working, small business owner who makes athletic bags for third-party vendors. Everything began five years ago when she worked as an employee at a sewing shop where she learned the trade. Today, at 26 years old, she has her own shop which has two direct employees. She works every day and her strength is manufacturing sports bags. In this way she tries to generate enough income to help her husband with the financial responsibilities for their household.

The loan she is seeking will be used to invest in the purchase of an industrial sewing machine and a fabric cutter. Currently, she has to cut the fabric with scissors which is very tedious and slows down her work. This will allow her to meet her clients' requirements and deliver their orders in a timely fashion, leading to increased production, new contracts and the continuity of her small business.

Leidy dreams of continuing to build up her business and increasing her production every day leading to more employment opportunities and improving the quality of life of her family and of the people who work with her each day.

Support this Colombian entrepreneur with a loan!
View original language description ↓
Un saludo desde Colombia!

Leidy es una microempresaria dedicada y trabajadora, su campo de acción es la confección de bolsos, prestando el servicio a terceros.

Todo comenzó hace más de 5 años cuando trabajaba como empleada en un taller de confección y por medio de la practica aprendió el oficio; hoy en día, a sus 26 años de edad, ya tiene su propio taller en el que genera 2 empleos directos; trabaja todos los días y su fortaleza es la fabricación de bolsos deportivos; de esta forma intenta generar los recursos suficientes para apoyar a su esposo con la carga económica del hogar.

El crédito que solicita será invertido en la compra de una máquina plana y una cortadora, ya que actualmente corta la tela con tijeras y esto hace más tediosos y lento su trabajo.

De esta manera podrá cumplir con los requerimientos de sus clientes y entregar los pedidos de manera oportuna, con el fin aumentar la producción y adquirir nuevos contratos, que permitan darle continuidad a su microempresa.

Leidy sueña con seguir fortaleciendo su taller y tener cada día mayor nivel de producción para generar nuevas oportunidades de empleo y mejorar la calidad de vida tanto de su familia como la de las personas que influyen diariamente en su labor.

Apoye a esta emprendedora colombiana con un préstamo!

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
  • 479
    View loans »
    Colombia Loans Fundraising
  • $15,254,800
    Funds lent in using Kiva
  • 1,887.8
    Colombia Pesos (COP) = $1 USD
Ended with Loss - Currency Exchange Loss learn more
A loan of $1,075 helped Leidy Johana to buy an industrial sewing machine and a fabric cutter.
85% repaid
Repayment Term
20 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jul 14, 2014
Listed
Aug 15, 2014
Currency Exchange Loss:
Possible
Ended:
Apr 18, 2015