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Jaime De Jesus
Jaime is a very hardworking person. He has always wanted to provide a good life for his wife and three children. For the past four years, Jaime has worked in agriculture. Along a footpath, he has some land where he grows coffee and blackberries. Thanks to this, Jaime generates sufficient income for his home; the income is not much, however, and only covers the basic necessities of his family.

Jaime depends on a large crop of blackberries, which is what generates the most income, compared with his crop of coffee. For this reason, his crop of blackberries is what he works hardest for, and what his customers most want to buy. Jaime sells his blackberry crop to the same person every eight days, who has purchased his harvest for a very good price ever since Jaime started growing them.

Jaime is currently harvesting his crop of blackberries, but his capital is insufficient to purchase the fertilizer necessary for the crops. For this reason, Jaime hopes that a loan will allow him to purchase the fertilizer for this crop of blackberries, sell the harvest for a good price, and continue generating the necessary income to support his family.

Jaime has a dream that his three children can access higher education and that in the future, they do not have as many challenges in life as he has had in his own. For this reason, Jaime always has wanted to provide them with all opportunities so they might succeed. He hopes that his crops become a source of income so that his dream can be fulfilled.
View original language description ↓
Jaime es una persona muy trabajadora y la cual siempre ha querido sacar adelante su esposa y sus 3 hijos.
Jaime desde hace aproximadamente 4 años se dedica a la agricultura, y en su vereda tiene un terreno donde tiene un cultivo de café y de mora.
Gracias a esto, Jaime genera los ingresos necesarios para su hogar, sin embargo, los ingresos no son muy altos, por lo que solo cubre las necesidades básicas de su familia.
Jaime cuenta con un gran cultivo de mora, que es el que mayores ingresos le genera en comparación con su cultivo de café, por esto, este cultivo es el que más trabaja y al que sus clientes más quieren comprar. Jaime vende su cultivo de moras al mismo cliente cada 8 días, quien desde que montó su cultivo le ha comprado a muy buen precio sus cosechas.
Jaime actualmente esta cosechando su cultivo de moras pero no cuenta con un capital suficiente que le permita comprar el abono necesario para su cultivo. Es por esto que Jaime tiene las aspiración a que un préstamo le brinde la posibilidad de acceder a la compra de el abono para este cultivo de mora y lo pueda sacar adelante para recibir un buen precio por el y siga generando los ingresos necesarios para el sustento de su familia.
Jaime tiene el sueño de que sus 3 hijos puedan acceder a una mejor educación, y que en un futuro no tengan que pasar por tantas adversidades en la vida como lo ha hecho el. Es por eso que Jaime siempre ha querido brindarles todas las posibilidades para que salgan adelantes y espera que su cultivo sea la fuente de ingresos para que esto se pueda cumplir.

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

  • $6,070
    Average annual income
  • 232
    View loans »
    Colombia Loans Fundraising
  • $12,881,350
    Funds lent in using Kiva
  • 1,824.0
    Colombia Pesos (COP) = $1 USD

Success!! The loan was 100% repaid

A loan of $350 helped Jaime De Jesus to buy fertilizer for his crop of blackberries.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jan 19, 2012
Listed
Feb 1, 2012
Currency Exchange Loss:
Covered
Ended:
Nov 16, 2012