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Hellenid, 19 years old, is an entrepreneurial young woman. She is married and has a 2-year-old daughter. She has always wanted to provide everything necessary for her daughter to grow. For this reason she works hard every day with the aim of contributing income to the household, together with her husband, in order to have a better quality of life in the household. Some time ago she learned how to sell cattle from her family, which does this, so when she saw the need to generate income she began this work having had some experience. Thanks to this business, her family has succeeded in having a better quality of life and rising above the economic difficulties that have presented themselves in previous times. Due to the fact that she has large orders from her customers that she cannot immediately fill, Hellenid is looking for support in a loan that will allow her to buy 4 calves, with which she can fill her customers' orders.

In this way she can continue with her business, bringing a better quality of life to her household. Her daughter will have the opportunity to have a better quality of life and to grow up in a home with better economic opportunities to move forward.
View original language description ↓
Hellenid es una joven emprendedora de 19 años de edad que se encuentra casada y tiene una hija de 2 años de edad a quien siempre ha querido brindarle todo lo necesario para su crecimiento, por esto trabaja fuertemente todos los días con el ánimo de ofrecer en su hogar ingresos con los que pueda aportar económicamente junto con su esposo para tener una mejor calidad de vida en el hogar. Desde hace un tiempo aprendió la actividad de la venta de ganado de su familia que se han dedicado a esta actividad y así cuando vio la necesidad de generar ingresos se dedicó a esta actividad contando con algo de experiencia. Gracias a este negocio en su hogar han logrado tener una mejor calidad de vida y superar las dificultades económicas que han presentado en anteriores tiempos. Debido a que tiene grandes pedidos por parte de sus clientes los cuales no puede satisfacer inmediatamente, Hellenid busca apoyo en un préstamo que le permita comprar 4 terneras con las cuales pueda satisfacer los pedidos de sus clientes.

De esta manera podrá seguir con su negocio brindando una buena calidad de vida en su hogar y su hija tendrá la oportunidad de tener mejor calidad de vida y crecer en un hogar con 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
  • 310
    View loans »
    Colombia Loans Fundraising
  • $18,193,150
    Funds lent in using Kiva
  • 1,776.5
    Colombia Pesos (COP) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,150 helped Hellenid to buy 4 calves, with which she can fill her customer's orders.
100% repaid
Repayment Term
27 months (Additional Information)
Repayment Schedule
Jun 27, 2012
Aug 1, 2012
Currency Exchange Loss:
Aug 30, 2014