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Jhon Geimar
Jhon is a very hardworking person who is always looking to provide a better life for his family. He is a single father with a 9-year old son; the mother left them a while ago. Formerly Jhon worked for a company, where, according to Jhon, he was really badly paid. He didn’t even earn enough to cover household expenses.

To earn more money, he has started to work independently selling vegetables and fruit. He hopes in this way to support his family and provide his son with a better standard of living. Eager to get his business going, Jhon is hoping for a loan to buy staples and a supply of fruit and vegetables. As well he wants to renovate the premises where he sells the produce.

Jhon hopes that his business will carry on doing well and he can offer very good products to his customers. As well, he hopes that with his earnings he can provide his son with a better quality of life and a good education.
View original language description ↓
Jhon es una persona que se ha caracterizado por ser muy trabajador y siempre querer ofrecer un mejor bienestar para su familia. Jhon es padre soltero de su hijo de 9 años, pues su madre los abandonó hace un tiempo. Jhon anteriormente trabajaba como empleado en una empresa, donde según Jhon, su empleo era muy mal remunerado y el dinero que le pagaban no le alcanzaba para poder sostener todos los gastos de su hogar. Jhon, con el ánimo de generar mayores ingresos para su hogar, se ha independizado y está montando una venta de legumbres, verduras y frutas. Jhon espera que de esta manera pueda generar mayores ingresos para el sostenimiento de su hogar, y así pueda ofrecerle a su hijo una mejor calidad de vida. Con el ánimo de poder montar su venta de legumbres, verduras y frutas, Jhon espera que un préstamo le brinde la posibilidad de acceder a la compra de canastas, y surtido de legumbres, verduras y frutas, además de realizar adecuaciones locativas al local donde montará la venta de alimentos.

Jhon espera que su negocio quede bien montado y pueda ofrecer muy buenos productos a sus clientes, además de generar ingresos con los que le pueda ofrecer a su hijo una mejor calidad de vida y una educación de mayor calidad.

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
  • 365
    View loans »
    Colombia Loans Fundraising
  • $15,629,950
    Funds lent in using Kiva
  • 1,790.0
    Colombia Pesos (COP) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,700 helped Jhon Geimar to buy staples, fruit and vegetables, and do some renovations.
100% repaid
Repayment Term
26 months (Additional Information)
Repayment Schedule
Feb 14, 2012
Mar 2, 2012
Currency Exchange Loss:
Mar 19, 2014