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$500
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1 person is supporting Iris Maria Varela

Iris Maria Varela

City: Santa Marta Country: Colombia Loan Use: To buy a beauty salon chair and to fix the roof of the salon.
Loan Term: 60 Date Posted: March 13, 2019 First Repayment: December 26, 2018
Opportunity International Client Iris Maria Varela

Iris Maria is a hardworking mother that lives and works in Guaranda, a tiny village close to Santa Marta, Colombia. She lives with her two oldest daughters and their children and also with her youngest son. Her daughters are both very responsible and try their best to support their children by themselves. Iris Maria owns a beauty salon and it thankful her work has been able to support her children and cover the household expenses. However, this came at a cost. Iris Maria did not have enough leftover to buy all the supplies she needed for the beauty salon. One day when she saw a flyer for Opportunity International, and she decided to learn more. Iris Maria received financial training and a loan, which she used to purchase a beauty salon chair and to fix the roof of the salon. She continues to provide her clients with good service and is looking toward the future. Iris Maria's next dream is to purchase mirrors for the salon.

Frequently Asked Questions

How do entrepreneurs become Opportunity International loan clients?

Opportunity International conducts interviews with prospective clients to get a better understanding of their situation, so we can construct a loan that’s tailored to their needs and capabilities.

If I help fund a loan, should I expect to be paid back?

When you help to fund a loan, you are making a donation to Opportunity International. When those funds are repaid by the client, the funds remain in the country where the original client’s loan was disbursed, so that it can help fund more loans. Your initial gift continues to have an impact after the first loan is repaid.

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