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Victor Andres
Victor is a young entrepreneur who began working a long time ago in a restaurant. Thanks to this he learned the basics of business and was able to save a little money to start his own business, since he always dreamed of being independent.

By saving, he started a small general store where, at the beginning, he only had enough money to offer basic products for the tipical pantry. Now, thanks to his efforts, he has increased the variety of products that he offers, and additional to basic pantry items, he can offer quick meals to his customers.

Wintertime has arrived and it is hurting his business.

Victor is requesting a loan to buy a tent, table, and seats so he can attend to his customers when it rains.

His dream is to be able to have a larger business and continue contributing financially to his home. This way his parents may continue to have a better quality of life and better economical opportunities.
View original language description ↓
Victor es un joven emprendedor que comenzó trabajando desde hace mucho tiempo en un restaurante y gracias a esto aprendió la actividad de los negocios y también alcanzó a ahorrar un pequeño dinero para montar su propio negocio, ya que siempre había soñado con ser independiente. Fue así como montó una pequeña tienda general donde en un principio solo contaba con el capital suficiente para poder ofrecer a sus clientes productos básicos de la canasta familiar; ahora gracias a su esfuerzo, ha venido aumentando la variedad de productos que ofrece y adicional a los productos de la canasta familiar puede ofrecer a sus clientes comidas rápidas. Debido a que el invierno le ha venido perjudicando bastante, Victor busca un préstamo para comprar una carpa, una mesa y sillas para adecuar un espacio afuera de su tienda donde pueda atender a sus clientes cuando llueve.

Su sueño es poder tener un negocio más grande y seguir aportando económicamente en su hogar para que sus padres sigan teniendo 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
  • 340
    View loans »
    Colombia Loans Fundraising
  • $18,296,125
    Funds lent in using Kiva
  • 1,805.5
    Colombia Pesos (COP) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,675 helped Victor Andres to buy a tent, table, and seats to accomodate enough space outside of his store where he can support customers when it rains.
100% repaid
Repayment Term
26 months (Additional Information)
Repayment Schedule
Aug 8, 2012
Sep 16, 2012
Currency Exchange Loss:
Apr 18, 2013