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Maritza is a lovely, enterprising, responsible young woman who is full of dreams. At a very young age—she was only 20 years old—she decided to get married. In the course of her marriage, she managed to open a shop selling clothing and a variety of articles such as lotions and deodorants. Her work was made lighter by the help of her husband.

She currently has an acceptable volume of sales. Because of this, Maritza has a big dream of building a sturdy house with her own efforts, sweat, and sacrifice. Maritza says that she doesn’t want anyone to help her with this project because when she got married she got lots of comments that she was only getting married for her own benefit. She wants to demonstrate the opposite: that she doesn’t need anyone in order to reach her goals.

The micro-loan will be used to update her shop and make it pleasing and attractive, because like any woman she likes to have her business decorated and pretty. With these updates she hopes to attract customers and be able to generate a better income in order to achieve her previously mentioned dreams.
View original language description ↓
Maritza es una hermosa, emprendedora, soñadora y responsable joven que desde muy temprana edad decidió casarse pues solo tiene 20 años de edad, en el transcurso de su matrimonio logro montar un local de venta de ropa y artículos de variedad como lociones, desodorantes entre otros cabe aclarar con ayuda de su esposo, actualmente tiene un aceptable volumen de ventas y es por esto que requiere una ayuda crediticia pues Maritza tiene un gran sueño con su propio esfuerzo construir una casa forjada de su esfuerzo, sudor y sacrificio. Maritza dice que no quiere que nadie le ayude en este proyecto ya que durante su matrimonio recibió muchos comentarios de que solo se casaba por interés y ella quiere demostrar lo contrario de que no necesita de ninguna persona para adquirir y lograr sus metas, el uso del micro-crédito será para la adecuación del local, hacerlo vistoso y atractivo al público ya que como toda una mujer le gusta tener su negocio adornado y decorado y con estas adecuaciones espera atraer clientes y poder generar unos mayores ingresos para cumplir los sueños anteriormente mencionado

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
  • 397
    View loans »
    Colombia Loans Fundraising
  • $18,296,125
    Funds lent in using Kiva
  • 1,930.0
    Colombia Pesos (COP) = $1 USD

Success!! The loan was 100% repaid

A loan of $550 helped Maritza to update her shop so that it is more attractive and pretty for the public.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Mar 22, 2014
Apr 28, 2014
Currency Exchange Loss:
Apr 18, 2015