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Johan Esteban
Johan is a young, dynamic entrepreneur. At 20 years old, he makes a living working at a business and also sells merchandise independently during the holiday season. This has given him good results. He has experience, a relationship with providers, and good customers, so he would like to resume this business, but during the entire year. His goal is to earn additional money to support his household economy.

He will invest the loan by purchasing merchandise in bulk (jeans, t-shirts, shirts, pants, jackets, etc.). This will allow him to resume his business independently and add to his salary.

Johan, with his determined spirit and his desire to move forward, promises that he will continue to fight to achieve his goals and dreams, especially his dream of opening his own store where he can offer all of his merchandise and be totally independent. This would guarantee profitability so that he could provide a better quality of life for his family.
View original language description ↓
Johan es un joven emprendedor y dinámico, a sus 20 años de edad se dedica a trabajar como empleado en una empresa y, de manera independiente ha vendido mercancía por la temporada decembrina, lo que le ha dado buenos resultados mientras lo hacía. Teniendo la experiencia, los contactos de proveedores y buena clientela, desea reiniciar la actividad pero ahora de manera fija durante todo el año, con el ánimo de complementar los ingresos para aportar a la economía familiar.
El crédito lo invertirá en la compra de mercancía al por mayor (jeans, camisas, camisetas, pantalones, chaquetas, entre otros), esto le permitirá reiniciar su actividad independiente y complementar su salario.
Johan, con su espíritu luchador y las ganas de salir adelante, manifiesta que seguirá luchando para alcanzar sus metas y sueños, especialmente el de tener su propio almacén en el que pueda ofrecer toda su mercancía y ser totalmente independiente, garantizando una rentabilidad para dar a su familia una mejor calidad de vida.

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
  • 359
    View loans »
    Colombia Loans Fundraising
  • $18,296,125
    Funds lent in using Kiva
  • 1,993.0
    Colombia Pesos (COP) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,525 helped Johan Esteban to purchase merchandise in bulk (jeans, t-shirts, shirts, pants, jackets, etc.).
100% repaid
Repayment Term
27 months (Additional Information)
Repayment Schedule
Dec 27, 2013
Jan 27, 2014
Currency Exchange Loss:
Mar 17, 2016