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Blanca Dolly
Blanca is a hardworking person who has had to go through many hard situations in her life. she is a single mother who is the sole provider for her 4 children, this is because her husband died and she's been a widow for a long time now.

This has made it so that she has to work in anything that comes along, it doesn't matter if the work is comfortable or well paid. This is how she started working as a mobile saleswoman outside a school, she did this for 20 years. after that she started to sell "chance" [a kind of Colombian lottery] in a main road of the city, She did this for 10 years.

Thanks to a friend of hers that recommended her the activity and taught her how to sell, Blanca went from very difficult working conditions selling chance to selling personal use products through a monthly catalogue where her customers are her neighbours, family members and friends.
Now with this job she has a better quality of life.

Thanks to a good amount of sales, Blanca requires a loan to buy personal use products so she can meet the orders of her customers [she has to pay when ordering the products and the customer will pay when receiving]. She doesn't have much capital for her business and she has no other way than to ask for a loan, nevertheless she has worked hard to improve her and her 4 children's quality of life.

Her biggest dream is to have a good business, to carry on having a good quality of life and to improve the economic conditions of her homestead to be able to progress in life.
View original language description ↓
Blanca es una persona muy trabajadora que ha tenido que pasar por muchas adversidades en su vida, pues es madre soltera cabeza de familia de 4 hijos ya que su esposo murió y quedó viuda desde hace ya un largo tiempo. Debido a esto, siempre se ha visto en la obligación de trabajar en lo que le resulte así el trabajo no sea muy cómodo o muy bien remunerado; fue así como comenzó a trabajar como vendedora ambulante a las afueras de un colegio, esta actividad la realizó durante 20 años; posteriormente comenzó a vender chance en una vía principal de la ciudad, donde estuvo durante 10 años. Gracias a una amiga suya, quien le recomendó la actividad y se la enseñó a ejercer, Blanca pasó de trabajar en unas condiciones muy difíciles vendiendo chance, a vender productos de uso personal a través de catálogo donde sus clientes son sus vecinos, familiares y amigos. Ahora, con este trabajo tiene una mejor calidad de vida, y gracias a sus buenas ventas, Blanca requiere un préstamo para comprar productos de uso personal y responder a los pedidos de sus clientes.

Debido a que no cuenta con mucho capital en su negocio no tiene otra oportunidad más que solicitar un préstamo, sin embargo ha venido trabajando fuertemente para mejorar su calidad de vida y la de sus 4 hijos. Su mayor sueño es llegar a tener un buen negocio, continuar teniendo una buena calidad de vida y mejorar las condiciones económicas de su hogar para poder progresar.

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
  • 384
    View loans »
    Colombia Loans Fundraising
  • $18,296,125
    Funds lent in using Kiva
  • 1,842.0
    Colombia Pesos (COP) = $1 USD

Success!! The loan was 100% repaid

A loan of $350 helped Blanca Dolly to buy personal use products and to meet the orders her customers make.
100% repaid
Repayment Term
15 months (Additional Information)
Repayment Schedule
May 25, 2012
Jul 1, 2012
Currency Exchange Loss:
Jul 19, 2013