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María Gilma
45-year old María Gilma is a happily married wife and mother. She watches out for the wellbeing and financial security of her family. Both she and her husband work hard to maintain their household.

María sells Amway products such as health and beauty items, as well as household and personal hygiene products. She and her son trained to do this two months ago. Her potential customers are her friends, neighbours, and relatives from La Ceja and other areas. Even in her free time María continues working...growing flowers.

The loan money will be used to buy stock and will be a great advantage in generating more income.
View original language description ↓
María Gilma Madre de hogar y felizmente casada a los 45 años de edad vela por la seguridad y la economía de su familia y junto a sus esposo son los que arduamente trabajan para el sustento del hogar, María por su parte lo hace por venta de mercancía que emprendió con su hijo hace 2 meses con productos amway en donde se enfocan en productos de salud, belleza, hogar y productos de aseo personal, donde sus clientes potenciales son sus vecinos, amigos y familiares de la ceja y otras partes. Ella trabaja en sus tiempos libres ya que ella trabaja con un cultivo flores.
El préstamo será invertido en compra de surtido, y este será un gran apalancamiento para generar mayores ingresos a su hogar

Additional Information

More information about this loan

By supporting this loan, you're helping a borrower launch a new business!

This loan is designed for an entrepreneur who needs working capital to start a brand new business. Along with the loan, Kiva's field partner Interactuar provides counseling, training courses, and other financial resources to help new, riskier entrepreneurs set up young businesses.

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
  • 246
    View loans »
    Colombia Loans Fundraising
  • $16,895,775
    Funds lent in using Kiva
  • 1,885.2
    Colombia Pesos (COP) = $1 USD

Success!! The loan was 100% repaid

A loan of $550 helped María Gilma buy stock.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Jun 20, 2013
Jul 23, 2013
Currency Exchange Loss:
May 22, 2014