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Sandra Milena
Sandra has been described as a hard-working person who always wants to offer a better life for her family. Sandra is married and has a 10 year old son, who she has always wanted to give everything that he needs.

Sandra left her home town looking for better educations opportunities and in order to pay for her studies, making the most of her love for animals, she set up a business that began as just a small retail business selling pet supplies and later grew into a large pet supply store offering a wide variety of products.

Sandra has always tried to provide her son with the best opportunities to progress so she works hard in her business everyday. Thanks to the good service that Sandra provides, she has been able to obtain a large number of customers. Sandra's business offers the added extra of a home delivery service, for which she relies on a motorbike, however, she currently has a problem as her motorbike has fallen into disrepair. This is why she is looking for a loan in order to replace it so she can continue offering her home delivery service.

Sandra hopes to replace her motorbike, without which her monthly income will suffer, then she and her husband will be able to guarantee that they can meet their household expenses. Sandra dreams that her business will continue to grow and that she can continue providing her family with a better quality of life and better opportunities to progress.
View original language description ↓
Sandra es una persona que se ha caracterizado por ser muy trabajadora y siempre querer ofrecer un mayor bienestar a su familia. Sandra se encuentra casada y tiene 1 hijo de 10 años, a quien siempre le ha querido ofrecer todo lo que necesita. Sandra viajó desde su municipio natal con el ánimo de buscar mejores oportunidades de estudio, y con el ánimo de pagar sus estudios y aprovechando su gusto y amor por los animales montó un negocio que al principio era tan solo una pequeña venta de artículos para mascotas, que posteriormente se convertiría en una gran tienda de mascotas donde ofrece una gran cantidad de productos. Sandra siempre ha buscado que su hijo tenga mejores oportunidades de progresar por lo que se esfuerza diariamente en su negocio, el cual gracias al buen servicio que ofrece Sandra, ha podido captar un gran número de clientes. Sandra ofrece en su negocio el valor agregado de la entrega de productos a domicilio, por esto cuenta con una moto para transportarse y hace estas entregas, sin embargo, en la actualidad tiene el inconveniente de que su moto ya se encuentra en muy mal estado, por lo que busca que un préstamo le permita acceder a la compra de una moto para reponer la que actualmente tiene que se encuentra en muy mal estado y continuar ofreciendo su servicio de entregas a domicilio.
Sandra espera reponer su moto sin que sus ingresos mensuales se vean afectados, pues debe garantizar junto con su esposo el sostenimiento de los gastos de su hogar. Sandra sueña con que su negocio siga saliendo adelante y pueda seguir ofreciendo a su familia una mejor calidad de vida y mayores oportunidades de progreso.

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
  • 237
    View loans »
    Colombia Loans Fundraising
  • $16,895,775
    Funds lent in using Kiva
  • 1,770.0
    Colombia Pesos (COP) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,425 helped Sandra Milena to buy a motorbike to replace her current one, which has fallen into a state of disrepair, so she can continue offering her home delivery service.
100% repaid
Repayment Term
20 months (Additional Information)
Repayment Schedule
Feb 17, 2012
Apr 1, 2012
Currency Exchange Loss:
Jan 15, 2013