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Paula Andrea
Polarizing windows is a uncommon practice and business in Cereté in the municipality of Córdoba, but little-by-little it is becoming more common in the automobile market.

Paula is a nice, hardworking, young woman who teaches and practices this trade. Currently, she has a small business that installs polarized windows in automobiles and windows and glass in some stores. She learned this trade in Barranquilla alongside her cousins who taught her the trade and inspired her to work independently. She is applying for a loan to invest in her business and strengthen it and make it more profitable. The money will be invested in the purchase of basic materials like tape and polarized adhesive sheets. This will enable her meet most demand since she will have the materials that she needs in order to work. She is a young woman with the desire to move forward.
View original language description ↓
El arte del polarizado es una práctica y un oficio muy poco común en Cereté, municipio de Córdoba pero que poco a poco va tomando fuerza en el mercado de los automóviles.
Paula es una joven simpática y muy trabajadora que se ha dedicado a capacitarse y dedicarse a este oficio, tanto así que hoy en día tiene un pequeño negocio de instalación de vidrios polarizados en automóviles, ventanas y vidrios de algunos almacenes. Este oficio lo aprendió en Barranquilla al lado de sus primos quienes le enseñaron a trabajar y la motivaron a independizarse.
Solicita un crédito para capitalizar su negocio y darle más fuerza a su actividad permitiéndole consolidar su negocio de una manera rentable. El dinero será invertido en la compra de materia prima como cintas y adhesivos polarizados.
Esto le permitirá cubrir una mayor parte del mercado pues tendrá los elementos necesarios para trabajar.
Ella es una mujer joven y con todas las ganas de salir adelante.

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
  • 303
    View loans »
    Colombia Loans Fundraising
  • $18,296,125
    Funds lent in using Kiva
  • 1,910.2
    Colombia Pesos (COP) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,050 helped Paula Andrea to buy basic materials like tape and polarized adhesive sheets in order to increase her sales.
100% repaid
Repayment Term
27 months (Additional Information)
Repayment Schedule
Apr 28, 2014
Jun 8, 2014
Currency Exchange Loss:
May 17, 2015