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Luz Yaneth
Luz Yaneth is a 39-year-old woman and the mother of two children. She and her partner are currently in a common-law relationship. Twelve years ago, she completed her training in the field of cosmetology. As a result, she made the decision to establish her own beauty salon. With the income she earns, Luz is able to move her family forward and take care of the household expenses. She has demonstrated that she is a determined and hardworking woman and possesses the spirit to succeed.

With the loan she is requesting from Interactuar, Luz will make improvements to her shop and buy paint for the walls. She will also replace her work equipment such as a hair dryer, curling iron, and brushes. This will enable her to project a new image to her customers and attract new ones so that she can increase her earnings. Her greatest wish is to grow her business and convert it into a spa so that she can improve her quality of life and create new job opportunities.

View original language description ↓
Luz Yaneth es una mujer de 39 años de edad, madre de 2 hijos y actualmente vive en unión libre con su pareja. Hace 12 años realizó la capacitación en el área de belleza y, gracias a ello, tomó la decisión de montar su propio salón de belleza, con lo cual ha obtenido los ingresos para sacar adelante a su familia y llevar los gastos del hogar. La prestataria se muestra como una mujer luchadora, trabajadora y con espíritu de superación. Con el crédito que solicita en la Corporación, desea realizar mejoras en el local, comprar pintura para las paredes y renovar las herramientas de trabajo (secador, plancha, cepillos), lo que le permitirá generar una nueva percepción a sus clientes y atraer a nuevos usuarios para incrementar sus ingresos. Su mayor sueño es hacer crecer su negocio hasta convertirlo en un spa, para mejorar su calidad de vida y generar nuevas oportunidades de empleo.

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
  • 297
    View loans »
    Colombia Loans Fundraising
  • $17,954,500
    Funds lent in using Kiva
  • 1,927.3
    Colombia Pesos (COP) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,050 helped Luz Yaneth to make improvements to her shop, buy paint for the walls, and replace her work equipment.
100% repaid
Repayment Term
21 months (Additional Information)
Repayment Schedule
May 29, 2013
Jul 2, 2013
Currency Exchange Loss:
Jan 18, 2014