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Alberth Osneider
Alberth, age 29, is a hard-working man. He has been working in his own tailoring shop for four years. It is located in a space in his house. He works there with various members of his family. This trade has become the only source of family income.

He is currently requesting a loan to buy supplies wholesale (fabrics, thread, buttons, zippers) and for maintenance on his machines. This will allow him to provide better quality service and to keep a good relationship with his customers. It will guarantee satisfaction upon delivering a well finished product.

Alberth states that his greatest objective is to strengthen his business and to make it grow. This way he will be able to give his family the opportunity to have a better quality of life and better well-being.
View original language description ↓
Alberth es un hombre trabajador de 29 años de edad, dedicado desde hace 4 años a trabajar en su propio taller de confección, se encuentra ubicado en un espacio de su casa y allí trabaja con varios miembros de su familia, convirtiéndose el oficio en la única fuente de ingresos a nivel familiar.
Actualmente solicita el crédito para invertirlo en la compra de insumos al por mayor (telas, hilos, botones, cierres) y realizar el mantenimiento de las máquinas, lo que le permitirá prestar un servicio de mayor calidad y mantener una buena relación con sus clientes, garantizando una satisfacción al entregar un producto bien terminado.
Alberth manifiesta que su mayor propósito es fortalecer y hacer crecer su negocio, para así poder dar a su familia, la oportunidad de tener una mejor calidad de vida y bienestar.

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
  • 235
    View loans »
    Colombia Loans Fundraising
  • $17,831,500
    Funds lent in using Kiva
  • 1,973.8
    Colombia Pesos (COP) = $1 USD
A loan of $1,275 helped Alberth Osneider to buy supplies wholesale (fabrics, thread, buttons, zippers) and to perform maintenance on his machines.
Repayment Term
27 months (Additional Information)
Repayment Schedule
Feb 25, 2014
Apr 2, 2014
Currency Exchange Loss:
May 2, 2014