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Sandra is 40 years old and an entrepreneur who has a desire to be successful and love her family, something she considers a fundamental pillar that pushes her everyday to go in search of better opportunities. Currently, she is dedicated to selling merchandise such as clothing, accessories and cosmetics, and activity that generates earnings to support her family. With the goal of increasing her sales and to fulfill some orders, she is looking for a credit that she will invest in purchasing merchandise, which will allow her to promise her three children a quality education.
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Sandra de 40 años de edad, es una mujer emprendedora y con muchas ganas de salir adelante, ama su familia y considera que esta es el pilar fundamental que la impulsa cada día a ir en búsqueda de mejores oportunidades. En la actualidad se dedica a la venta de mercancía como ropa, accesorios y cosméticos, Actividad que le genera los ingresos para el sostenimiento de su familia.
Con el fin de aumentar su nivel de ventas y cumplir con algunos encargos, se encuentra solicitando un crédito que invertirá en la compra de mercancía, lo que le permitirá garantizarles a sus tres hijos una educación de calidad.

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
  • 235
    View loans »
    Colombia Loans Fundraising
  • $17,831,500
    Funds lent in using Kiva
  • 1,843.5
    Colombia Pesos (COP) = $1 USD
A loan of $825 helped Sandra purchase clothing, accessories and cosmetics.
Repayment Term
20 months (Additional Information)
Repayment Schedule
Apr 23, 2013
May 24, 2013
Currency Exchange Loss:
Jun 23, 2013