Check out some available loans that are similar to this one!
Anibal De Jesus
Anibal has been characterized throughout his life as being a hard worker. He is the father of two children, 10 and 7 years old. Their mother abandoned them some time ago, so currently they are under Anibal's care. He always wanted to provide the best quality of living for his children, which is why he strives every day to work with the intention of moving his family forward.

Anibal is a dedicated crop farmer, a trade learned from his father. Ever since it has been the revenue-generating activity needed to sustain their home. Anibal encountered severe production difficulties in recent months due to bad weather, which had an impact on crop quality.

Anibal wants to enhance his production and ensure its improved quality, and improve the harvest by using mesh netting to prevent animals from damaging the crops.

Anibal is therefore seeking a loan so that he can purchase irrigation and water-protection equipment, seeds and mesh netting enabling him to grow good quality crops. Anibal is hoping for good quality crops so that he can sell his products at a good price, and offer his children a better quality of living.

Anibal's dream is to operate a large farm including the breeding and selling of livestock, which will provide his children with economic stability.
View original language description ↓
Anibal se ha caracterizado durante toda su vida por ser muy trabajador. Es padre de 2 hijos de 10 y 7 años, a los cuales su madre abandonó hace un tiempo, por lo que actualmente se encuentran a cargo de Anibal. Siempre les ha querido brindar la mejor calidad de vida a sus hijos, por esto se esfuerza en su trabajo todos los días con el ánimo de sacar su familia adelante. Anibal se dedica a la agricultura, actividad que aprendió de su padre, y desde entonces esta ha sido la actividad con la cual genera los ingresos necesarios para el sostenimiento de su hogar. Anibal ha tenido muy difícil la producción de sus cultivos debido al mal clima que ha hecho en los últimos meses, y esto se ve reflejado en la calidad de sus cultivos. Anibal busca potenciar su cultivo y hacer que pueda crecer de buena calidad, además de organizar su cosecha con una malla para que no se le estén metiendo animales a pisarle sus cultivos. Es por esto que Anibal busca un préstamo que le brinde la posibilidad de acceder a la compra de riegos e impermeabilizantes, semillas y una malla que le permitan cultivar sus productos con buena calidad.

Anibal espera que su cultivo pueda crecer de buena calidad y de esta manera pueda vender sus productos a un buen precio, y poder ofrecerle a sus hijos una mejor calidad de vida. Anibal sueña con tener un gran cultivo y tener también ganado para la cría y venta de los mismos y dejarles a sus hijos una estabilidad económica.

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
  • 535
    View loans »
    Colombia Loans Fundraising
  • $14,691,000
    Funds lent in using Kiva
  • 1,795.0
    Colombia Pesos (COP) = $1 USD

Success!! The loan was 100% repaid

A loan of $575 helped Anibal De Jesus purchase irrigation and water-protection material, seeds and mesh netting that will allow him to grow good quality products.
100% repaid
Repayment Term
18 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jan 30, 2012
Listed
Mar 1, 2012
Currency Exchange Loss:
Covered
Ended:
Jul 19, 2013