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After completing high school, 20-year old Natalia, a young entrepreneur, decided to get a job to pay for university. She explains that her brother gave her a fast food stall where she works every day from 4 pm to 1 am. During the day she attends university.

“No one ever said that studying and working would be easy,” she says, “but to achieve your dreams, sometimes you have to make sacrifices.” Natalia feels that her efforts are not in vain and that soon she will be rewarded. She is happy with her job as working independently brings big advantages such as being able to manage her time.

She is now seeking a loan to buy more stock and make improvements to her business like renovating the floor and roof of her premises and buying some chairs, thus providing her customers with better service.

Natalia hopes to improve her economic situation and increase sales so that she can complete university.
View original language description ↓
Natalia de 20 años de edad, es una joven emprendedora que tras haber terminado su bachillerato, decidió dedicarse a laborar para pagarse sus estudios universitarios. Cuenta que su hermano le cedió un carro de comidas rápidas en el cual trabaja diariamente de cuatro de la tarde a una de la mañana y en el día se dirige a la universidad.
“nadie ha dicho que estudiar y trabajar se una tarea fácil, pero para alcanzar los sueños a veces toca sacrificarse”. Estas son las palabras de Natalia quien siente que sus luchas no son infructuosas y que pronto verá la recompensa a su esfuerzo.
Natalia se siente satisfecha con su trabajo ya que al laborar como independiente tiene grandes ventajas como el manejo del tiempo.
En la actualidad se encuentra solicitando un crédito que destinará en la compra de surtido y mejoras locativas- adecuación del piso y el techo de su local y compra de silletería- con el propósito de brindar un mejor servicio.
Espera poder mejorar su situación económica e incrementar las ventas en su negocio para poder terminar su universidad.

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
  • 356
    View loans »
    Colombia Loans Fundraising
  • $18,296,125
    Funds lent in using Kiva
  • 1,809.3
    Colombia Pesos (COP) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,275 helped Natalia buy ingredients and chairs, and renovate the floor and roof of her premises.
100% repaid
Repayment Term
26 months (Additional Information)
Repayment Schedule
Feb 22, 2013
Mar 20, 2013
Currency Exchange Loss:
Jun 18, 2015