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Luz Mery
Luz Mery has had a life marked by a lack of opportunities. She is trained as a secretary but had a very hard time finding a job, so she decided to open up her own business to be able to cover her housing expenses and basic necessities for her husband and 2 children. Her top priority is to improve the quality of life for her kids and to be able to give them opportunities for a good education.

Luz Mery has an internet cafe, and the income from this has been enough to cover their basic needs. With the goal of making her business more attractive for customers, she also offers services like national and international telephone calls, printing, and selling candies and other things. Because of this, her customers like her cafe. Luz Mery wants a loan to buy school products like notebooks, erasers, pencil cases and other things to increase her sales and income.

Luz Mery dreams of a business that makes more money so that she can have a better quality of life for her husband and 2 kids. She also wants to study computer repair and programming so that she can offer those services to her customers, making it more attractive, and to be able to satisfy all of her needs.
View original language description ↓
Luz Mery ha sido una persona que se ha visto marcada por la falta de oportunidades en su vida. Se ha capacitado como secretaria, sin embargo le ha sido muy difícil conseguir un empleo, por lo que decidió montar su negocio para poder aportar a los gastos del hogar y cubrir las necesidades básicas de su esposo y sus 2 hijos. Luz Mery tiene como su prioridad el mejorar la calidad de vida de sus 2 hijos, y poder brindarles la oportunidad de acceder a una buena educación. Luz Mery se dedica a atender su negocio de café Internet, y gracias a esto genera ingresos suficientes como para cubrir las necesidades básicas de su familia. Con el ánimo de hacer atractivo su negocio para los clientes, Luz Mery ha incluido en los productos y servicios que ofrece, el servicio de telefonía tanto nacional como internacional, servicio de impresiones, venta de dulces, entre otros más, y gracias a esto sus clientes se han identificado con el café Internet de Luz Mery. Actualmente, y como inicio de la temporada escolar, Luz Mery recibe muchos pedidos por parte de sus clientes de productos de papelería, sin embargo ella no tiene incorporado este producto entre los que vende. Es por esto que Luz Mery aspira a que un préstamo el permita acceder a la compra de productos de papelería como cuadernos, borradores, lapiceros, entre otros y poder así aumentar sus ventas y su nivel de ingresos.
Luz Mery sueña con que su negocio le pueda generar unos ingresos superiores a los que le genera actualmente, y así poder brindarles una mejor calidad de vida a su esposo y a sus 2 hijos.
Además de esto, Luz Mery aspira a estudiar programación y reparación de computadores, y poder ofrecer este servicio a sus clientes para que así su negocio sea más atractivo y ella pueda satisfacer todas sus necesidades.

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
  • 305
    View loans »
    Colombia Loans Fundraising
  • $18,296,125
    Funds lent in using Kiva
  • 1,837.0
    Colombia Pesos (COP) = $1 USD

Success!! The loan was 100% repaid

A loan of $825 helped Luz Mery to buy school supply products like notebooks, pencil cases, erasers and other things so that she can offer her customers more variety.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Jan 16, 2012
Jan 22, 2012
Currency Exchange Loss:
Nov 16, 2012