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Miriam Yanceli
Miriam’s wish to progress has been the motivator that pushes her to work every day. She sells merchandise. This has become a great help because she has to earn income because her family is low income. At the age of 29, Miriam is the mother of 6 children that she wants to provide a better quality of life for.

Miriam is a fighter who, despite having had public order difficulties, has continued moving forward and facing adversity with much tenacity. She dreams with buying a motorcycle in the future that will ease her work and allow her to have more sales and thus increase her income proportionately.

However, at this moment Miriam is asking for a loan to buy merchandise to have more products to offer her customers thus attaining a position in front of the other vendors in the sector.
View original language description ↓
Los deseos de Miriam de progresar han sido el motor que la impulsan a trabajar día a día, ella vende de mercancía, la cual se ha convertido de gran ayuda puesto que debe generar ingresos debido a que su familia cuenta con bajos recursos económicos, a sus 29 años de edad Miriam es madre de 6 hijos a quienes ha querido brindarles la mejor calidad de vida.

Miriam es una luchadora que a pesar de haber tenido dificultades de orden público ha salido adelante y enfrentado la adversidad con mucha tenacidad, sueña con poder comprar en un futuro una moto que le facilite su labor y le permita poder tener mas ventas y así proporcionalmente ir aumentando sus ingresos. Sin embargo en este momento Miriam solicita un préstamo con el cual comprar mas mercancía y así poder tener más productos que ofrecerles a sus clientes, logrando un posicionamiento frente a los otros vendedores que están en el sector.

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
  • 310
    View loans »
    Colombia Loans Fundraising
  • $18,211,650
    Funds lent in using Kiva
  • 1,775.0
    Colombia Pesos (COP) = $1 USD

Success!! The loan was 100% repaid

A loan of $575 helped Miriam Yanceli to buy merchandise to sell.
100% repaid
Repayment Term
20 months (Additional Information)
Repayment Schedule
Jun 9, 2011
Jun 14, 2011
Currency Exchange Loss:
Feb 15, 2013