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Cindy Yojana
Cindy has owned her own business selling food for the last seven years. For many years, she worked in fast food and thanks to that experience she decided to open her own business so that she could progress financially. Her business has succeeded and has had strong sales thanks to the dedication and hard work she puts in daily. This has allowed her to bring home a good income and permitted her to have a good quality of life, as well as offer a job to her sister who works everyday with her in the business.

In order to better serve her customers, Cindy is seeking a loan to purchase a refrigerator which stores products that require refrigeration and that way be able to offer her customers a greater variety of products. By doing this she will be able to grow her business and continue to increase sales thus bringing home a better income and progressing financially.

Her dream is to have a large business that generates employment and from which she can have a better quality of life for her household.
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Cindy tiene desde hace 7 años su propio negocio de venta de comidas, pues durante muchos años trabajó en una venta de comidas rápidas y gracias a la experiencia adquirida decidió montar su propio negocio para progresar económicamente. Gracias a la dedicación y el esfuerzo que pone diariamente en su trabajo ha logrado sacarlo adelante y tener muy buenas ventas, lo que le ha permitido tener en su hogar unos buenos ingresos que le permiten tener una buena calidad de vida, además de ofrecerle un empleo a su hermana que trabaja junto con ella todos los días en el negocio. Buscando ofrecer una mejor atención a sus clientes, Cindy busca un préstamo para comprar un refrigerador donde pueda almacenar productos que requieran de este tratamiento y así ofrecer una mayor variedad de productos a sus clientes.

De esta manera podrá crecer en su negocio y seguir aumentando sus ventas para que su hogar tenga mejores ingresos y así seguir progresando económicamente. Su sueño es tener un gran negocio donde genere más empleo y desde el cual pueda tener una mejor calidad de vida para todo su hogar.

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
  • 1,823.0
    Colombia Pesos (COP) = $1 USD
A loan of $1,100 helped Cindy Yojana to purchase a refrigerator to store products that require refrigeration therefore being able to offer her customers a greater variety of products.
Repayment Term
26 months (Additional Information)
Repayment Schedule
May 22, 2012
Jul 1, 2012
Currency Exchange Loss:
Jul 31, 2012