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Luz Dary
From an early age, Luz Dary has been working to earn her own income because she comes from a low-income family that needed her financial contributions. With the experience she acquired while working, she has been able to run several businesses that allowed her to get ahead: first, a beauty salon; then a general store; and for the past 5 years, a cafeteria that she opened with considerable effort and allows her to contribute financially, along with her husband, to a better life for their household. The cafeteria was opened with limited capital; therefore, she has not been able to offer the services and range of products that would attract a larger number of customers.

So she is requesting a loan to buy needed supplies to offer breakfast and lunch in her cafeteria. This way she will be able to diversify and increase her sales so that she will have higher household income and her family will enjoy a better life and more economic opportunities for advancement.
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Luz Dary desde muy temprana edad viene trabajando para generar sus propios ingresos, pues proviene de una familia de escasos recursos económicos, por lo que debía buscar un aporte económico para el hogar. Así, gracias a la experiencia adquirida ha logrado tener varios negocios propios que le han permitido salir adelante; primero tenía un salón de belleza, luego una miscelánea, y hace 5 años aproximadamente tiene una cafetería que montó con mucho esfuerzo y la cual le permite aportar económicamente junto con su esposo para que en su hogar tengan una mejor calidad de vida. Debido a que la cafetería la montó con muy bajo capital, no ha podido brindar a sus clientes un gran servicio que le permita captar mayor cantidad de clientes para la cafetería con mejores productos. Es por esto que ahora busca un préstamo para comprar insumos que requiere para comenzar a ofrecer desayunos y almuerzos en su cafetería.

De esta manera logrará diversificar sus ventas y cada vez logrará aumentar sus ventas, de modo que podrá tener mejores ingresos para su hogar y su familia gozará de una mejor calidad de vida y mejores oportunidades económicas para 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
  • 335
    View loans »
    Colombia Loans Fundraising
  • $18,296,125
    Funds lent in using Kiva
  • 1,807.5
    Colombia Pesos (COP) = $1 USD
A loan of $1,675 helped Luz Dary to buy needed supplies to offer breakfast and lunch in her cafeteria.
Repayment Term
26 months (Additional Information)
Repayment Schedule
Jun 1, 2012
Jul 9, 2012
Currency Exchange Loss:
Aug 8, 2012