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Dorian is 26 years old. He is unmarried and has no children yet. He worked for several years as a construction worker and this activity provided the income for the household expenses. As a complimentary activity, he took a barber course at a beauty school in his city. Four months ago he used his savings to open a barber shop in the neighborhood where he lives, taking advantage of being the only person providing this kind of service in the area.
Dorian is an energetic, active man, with vision and a desire to get ahead in life. He is always looking for options to move forward and this is why he is asking for a loan. He will invest the money in the purchase of a hairdresser chair and a trimmer shaver. This will allow him to offer a more agile service, increasing his profit by attracting more customers looking for an excellent service.
Dorian's dream is to make his business grow, and be recognized in the neighborhood. He also plans to introduce the sale of beauty products to further increase profits. This will allow him to improve the quality of life for him and his mother.
View original language description ↓
Dorian, con 26 años de edad, es un hombre soltero y no aún no tiene hijos. Hace varios años se dedica a laborar como obrero de construcción, actividad con la cual ha generado ingresos para llevar el sustento a su hogar. Adicionalmente y como actividad complementaria, realizó un curso de Barbería en una escuela de belleza de la ciudad y, hace 4 meses con sus ahorros, inició una barbería en el sector donde reside, aprovechando la ventaja de ser el único que presta el servicio en ese sector. Dorian es un hombre enérgico, activo, con visión y muchas ganas de salir adelante, por eso siempre está en busca de opciones que le permitan salir adelante, por eso se motivó para solicitar el crédito, que invertirá en la compra de una silla de peluquería y una máquina patilladora, así podrá ofrecer un servicio más ágil y podrá aumentar sus ingresos, al atraer más clientes con la prestación de un excelente servicio. Dorian sueña con hacer crecer su negocio, que sea reconocido en todo el sector y además quiere implementar la venta de productos de belleza, para así obtener mejores ingresos que le permitan mejorar su calidad de vida y la de su madre.

Additional Information

More information about this loan

By funding this loan, you are promoting entrepreneurship in remote regions, including areas recovering from guerilla warfare in Colombia, and helping to reverse the rural exodus which occurred in the past decades when a the rural population fled their countryside homes for the safer cities.

This Kiva loan was created by Kiva's field partner Interactuar specifically for Kiva funding, in an effort to reach more borrowers in rural areas. Most of the Interactuar's lending operations are focused in urban parts of Medellin. But this loan product is designed to provide working capital to riskier agricultural businesses who have been traditionally excluded from the finance sector.

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
  • 244
    View loans »
    Colombia Loans Fundraising
  • $16,895,775
    Funds lent in using Kiva
  • 1,881.5
    Colombia Pesos (COP) = $1 USD

Success!! The loan was 100% repaid

A loan of $800 helped Dorian to purchase a hairdresser chair and a trimmer shaver.
100% repaid
Repayment Term
17 months (Additional Information)
Repayment Schedule
Jun 21, 2013
Jul 24, 2013
Currency Exchange Loss:
Oct 17, 2014