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Marleny Del Socorro
Marleny is 53 years old and is a widow who takes care of her 3 children. She has had this business for 23 years, which is a cafeteria where she sells cakes, soda, cookies, and other goods. She has been able to earn income to help sustain her home. She learned this profession without anyone else's help and achieved it by relying on her own desires and efforts. Financial troubles made her go through difficult times in life. Occasionally there has been civil unrest in her sector of the country which affects the development of her business, but this hasn't kept her from moving forward.

She is in need of support via the loan that she is asking for. She will use it to buy supplies (fabric, wood, and nails) to repair her business' roof. When it rains, the roof leaks and damages her goods. In this way, her business will have a better image and her customers will feel more comfortable. In this way, Marleny hopes to progress so she can fulfill her dream of offering financial stability and a better quality of life to her family.
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Marleny, a sus 53 años de edad, es viuda y quedó a cargo de sus tres hijos. Hace 23 años se dedica a atender su negocio, una cafetería donde ofrece mecato, gaseosas, galletería y otros productos, con lo cual ha podido generar ingresos para llevar el sustento a su hogar. Ella aprendió esta actividad sin el apoyo de nadie, simplemente con muchas ganas y esfuerzo, lo logró, porque las necesidades económicas la hicieron pasar por momentos difíciles en la vida. Ella manifiesta que algunas veces se presentan problemas de orden público en el sector, que afectan el buen desarrollo de su actividad comercial, pero esto no la detiene para seguir adelante. Requiere apoyo con el crédito que solicita, para invertirlo en la compra de materiales (tejas, madera, clavos) para el arreglo del techo de su negocio, pues cuando llueve se le filtra el agua afectando y deteriorando sus productos, de esta manera el negocio tendrá mejor imagen y los clientes se sentirán más cómodos. Es así, como Marleny desea avanzar, para cumplir el sueño de poder brindarle una estabilidad económica y una mejor calidad de vida a su familia.

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
  • 1,881.5
    Colombia Pesos (COP) = $1 USD

Success!! The loan was 100% repaid

A loan of $275 helped Marleny Del Socorro buy materials to repair her business' roof.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Jun 20, 2013
Jul 24, 2013
Currency Exchange Loss:
Apr 17, 2014