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Orlando De Jesus
Orlando has worked his entire life raising cattle and pigs but due to adverse life circumstances he had to stop this activity for a time. Now, Orlando wants to retake the work, an activity which used to allow him to generate sufficient income to cover household expenses. Orlando is 59 years old, married and has three children in his care who he states are the motivating force behind his daily hard work.

Orlando, who has always been noted for wanting to provide wellbeing for his family, wants his children and his wife to have a better quality of life so now that he has the opportunity he wants to once again start to raise pigs. Orlando wants to buy 7 pigs to raise and the necessary feed concentrate but he does not have sufficient capital to make this purchase so he has his hope placed on a loan that will make it possible for him to buy the 7 pigs to raise and the necessary feed concentrate to feed them for a certain period of time.

Orlando dreams with restarting his activity and once again have it as a source of income to provide his three children and his wife with a better quality of life. Besides, Orlando dreams with his children being able to access a quality education so in future they will have economic stability that will keep them from going through so many adversities like he’s had to.
View original language description ↓
Orlando ha trabajado toda su vida en la actividad de la cría de ganado y cerdos, pero debido a circunstancias adversas en su vida, Orlando tuvo que dejar de lado la actividad por un tiempo. Ahora, Orlando quiere volver a recuperar el trabajo, la actividad que anteriormente le permitía generar los ingresos suficientes para sostener los gastos de su hogar.
Orlando, con 59 años de edad, se encuentra casado y con 3 hijos a su cargo, los que manifiesta son la motivación para trabajar arduamente todos los días.

Orlando, quien siempre se ha caracterizado por querer brindarle un bienestar a su familia, quiere que sus hijos y su esposa tengan una mejor calidad de vida, y es por esto que ahora que tiene la oportunidad, quiere iniciar de nuevo su actividad de la cría de cerdos.
Orlando quiere comprar 7 cerdos para la cría y el concentrado necesario, sin embargo, no cuenta con el capital suficiente para realizar esta compra; es por esto que tiene la esperanza puesta en que un préstamo le permitirá acceder a la compra de los 7 cerdos para la cría y el concentrado necesario para alimentarlos durante un tiempo.

Orlando sueña con recuperar su actividad, tener nuevamente esta actividad como su fuente de ingresos y poder brindarles a sus 3 hijos y su esposa una mejor calidad de vida.
Además, Orlando sueña con que sus hijos puedan acceder a una educación de calidad y tengan en un futuro una estabilidad económica que les evite pasar por tantas adversidades como ha pasado el.

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
  • 498
    View loans »
    Colombia Loans Fundraising
  • $14,958,950
    Funds lent in using Kiva
  • 1,812.0
    Colombia Pesos (COP) = $1 USD

Success!! The loan was 100% repaid

A loan of $400 helped Orlando De Jesus to buy 7 pigs and feed concentrate to feed them for a time.
100% repaid
Repayment Term
12 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jan 23, 2012
Listed
Feb 2, 2012
Currency Exchange Loss:
Covered
Ended:
Aug 15, 2012