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Berta Amparo
Berta is a very hardworking person who always wants to give her family a better quality of life. Berta is married and the mother of 11 children, whom she has gotten ahead with great effort. With the intention of generating extra income, because her husband's income was not sufficient to maintain the household, she set up a business making "arepas" [cornmeal rolls] with which she generates income to contribute with her husband to the household income. In this way Berta has been able to contribute considerably so her family enjoys a better quality of life and better economic opportunities.

Berta's business has had a very good reception among her customers and she has had very good levels of sales thanks to this. Berta has increased her business production more all the time to be able to attend to the orders made of her.

With the intention of making some improvements to her business, Berta looks for a loan to give her the opportunity to make improvements to her stove and to buy a machine for grinding.

Berta hopes that in this way the production capacity of her business increases and she can satisfy all the requests her customers have made of her. In addition, she hopes that with greater income her family can enjoy a better quality of life and better opportunities for progress.
View original language description ↓
Berta es una persona que se ha caracterizado por ser muy trabajadora y siempre querer ofrecer a su familia una mejor calidad de vida. Berta se encuentra casada y es madre de 11 hijos, a quienes ha sacado adelante con mucho esfuerzo. Con el ánimo de generar ingresos extras, debido a que los ingresos que generaba su esposo no eran suficientes para el sostenimiento de su hogar, montó un negocio de fabricación de arepas con el cual genera ingresos para contribuir junto con su esposo a los ingresos para su hogar. De esta manera, Berta ha podido contribuir considerablemente para que su familia goce de una mejor calidad de vida y de mejores oportunidades económicas. El negocio de Berta ha tenido muy buena acogida entre sus clientes y ha podido tener muy buenos niveles de ventas gracias a esto, por lo que Berta cada vez ha ido incrementando la producción de su negocio para atender los pedidos que le hacen. Con el ánimo de realizar algunas mejoras a su negocio, Berta busca que un préstamo le brinde la oportunidad de acceder a realizar mejoras locativas en su fogón y comprar una máquina de moler.
Berta espera que de esta manera la capacidad de producción de su negocio aumente y de esta manera pueda satisfacer todos los pedidos que le hacen sus clientes, además, espera que con mayores ingresos su familia pueda gozar de una mejor calidad de vida y mejores 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
  • 354
    View loans »
    Colombia Loans Fundraising
  • $18,296,125
    Funds lent in using Kiva
  • 1,764.0
    Colombia Pesos (COP) = $1 USD

Success!! The loan was 100% repaid

A loan of $750 helped Berta Amparo to make improvements on her stove and to buy a machine for grinding.
100% repaid
Repayment Term
17 months (Additional Information)
Repayment Schedule
Feb 21, 2012
Apr 1, 2012
Currency Exchange Loss:
Mar 15, 2013