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"Opportunities usually disguise themselves in difficult situations. It's only a matter of knowing how to negotiate the labyrinth so the treasure will appear." With this statement Yuliana, 22, describes her process in life to become a micro-entrepreneur. Four months ago she was left without a job, so she had to look for a source of income to cover the household expenses. She lives with her mother and two minor siblings.

She and her mother began to make blood sausage, which they do twice a week and distribute among the area neighbors and stores, friends, and family members. The rest of the week she works growing hydrangeas, which allows her to improve her income.

Currently she's requesting a loan to buy a stove and kitchen utensils to continue with her job, because the reception in her community has been good.

She hopes to be able to guarantee her siblings an education so they have better work opportunities.
View original language description ↓
“Las oportunidades suelen camuflarse en situaciones difíciles, sólo es cuestión de saber cruzar el laberinto y el tesoro se pondrá en manifiesto”. Con esta frase Yuliana de 22 años de edad, describe como ha sido su proceso de vida para llegar a convertirse en una microempresaria. Desde hace cuatro meses se quedó sin empleo, razón que la obligó a buscar una fuente de ingreso para solventar los gastos de su casa, en la cual reside con su madre y dos hermanos menores de edad.
En compañía con su madre comenzó a elaborar morcilla, actividad que realizan dos veces a la semana y distribuyen entre los vecinos y tiendas del sector, amigos y familiares. El resto de la semana labora en un cultivo de hortensias, lo que le permite mejorar sus ingresos.
En la actualidad se encuentra solicitando un crédito para la compra de un fogón y utensilios de cocina para seguir con su actividad, ya que la acogida ha sido buena en su comunidad. Espera poder garantizarles a sus hermanos el acceso a la educación con el fin de que gocen de mejores oportunidades laborales.

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
  • 234
    View loans »
    Colombia Loans Fundraising
  • $17,829,100
    Funds lent in using Kiva
  • 1,796.7
    Colombia Pesos (COP) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,125 helped Yuliana to buy a stove and kitchen utensils.
100% repaid
Repayment Term
27 months (Additional Information)
Repayment Schedule
Jan 31, 2013
Mar 1, 2013
Currency Exchange Loss:
Mar 19, 2015