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José Nelson
José is a 19-year-old man who lives in a common law marriage with his romantic partner. Because he has little work experience, it has been difficult for him to find employment opportunities, so he wants to start his own business and generate resources on his own. He wants to make a living by selling perfumes and steel jewelry accessories, taking advantage of the fact that he has a lot of friends and family members who could turn into potential customers. With this business he hopes to earn the income that he needs to cover his basic household needs.

José is aware that to get the results that he wants, he must work with persistence, discipline and lot of dedication, as this is the key to his business project being profitable. He wants to invest the loans he is asking for in the purchase of an assortment of items wholesale (lotions and steel accessories) to be able to launch his business idea.

José dreams of making his business generate good results and to be able to launch a distributor in the future, which would allow him to have ample financial stability to give his family a better quality of life and well being.
View original language description ↓
José es un joven de 19 años de edad que vive en unión libre con su pareja sentimental. Por falta de experiencia laboral le ha sido difícil encontrar oportunidades de empleo, por lo que desea iniciar su propio negocio y generar recursos por cuenta propia. Quiere dedicarse a vender perfumería y accesorios de bisutería en acero, aprovechando que tiene muchos amigos y familiares que podrían convertirse en sus clientes potenciales; con esta actividad desea percibir los ingresos que requiere para solventar las necesidades básicas de su hogar. José es consciente que para lograr los resultados que desea, debe trabajar con empeño, disciplina y mucha dedicación, pues es la clave para que su proyecto de negocio sea rentable. El crédito que solicita desea invertirlo en la compra de surtido al por mayor (lociones y accesorios en acero), para dar poner en marcha su idea de negocio. José sueña con hacer que su negocio genere buenos resultados y en un futuro poder montar una distribuidora, que le permita tener una estabilidad económica favorable para dar a su familia una mejor calidad de vida y bienestar.

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
  • 239
    View loans »
    Colombia Loans Fundraising
  • $16,895,775
    Funds lent in using Kiva
  • 1,888.2
    Colombia Pesos (COP) = $1 USD

Success!! The loan was 100% repaid

A loan of $275 helped José Nelson to buy an assortment of items wholesale (lotions and steel accessories).
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Sep 7, 2013
Oct 3, 2013
Currency Exchange Loss:
Apr 17, 2014