Arcadio has always been known as a hard worker and this quality has helped him push his family ahead. Arcadio is married and has 3 children to whom he has always wanted to give the best quality education. From the time he was very young his father taught him how to raise animals. His father always had livestock and this is how he supported his family. Thanks to the learning and experience that Arcadio has with animal husbandry, many people seek him out to help with this business which has brought him renown in his field and thanks to his reputation, very good sales. Arcadio principally raises pigs and this business has given him the necessary income to support his family. With the enthusiasm of increasing his business,
Arcadio is requesting a loan to give him the possibility of buying animal feed to fatten his pigs.
Arcadio hopes to get the feed without affecting his monthly income. Currently he has very little liquid cash because he is building his own house. This is thanks to the fact that he also knows the construction trade. He dreams of having a good business, finishing his house, and giving his wife and their 3 children a good quality of life and better economic opportunities.
Arcadio es una persona que siempre se ha caracterizado por ser muy trabajador, y esta cualidad le ha permitido salir adelante con su familia. Arcadio se encuentra casado y tiene 3 hijos a quienes siempre les ha querido ofrecer una educación de calidad. Desde muy temprana edad conoció por medio de su padre la actividad de la crianza de animales, pues su padre siempre tuvo animales y con esto generaba los ingresos para su hogar. Gracias al gran conocimiento y experiencia que tiene Arcadio en la crianza de animales, muchas personas lo buscan para que los asesore en esta actividad; esto le ha traído un gran reconocimiento en su sector y gracias a esto muy buenas ventas. Arcadio se dedica a la crianza de cerdos principalmente, y con esta actividad genera los ingresos necesarios para el sostenimiento de su hogar. Con el ánimo de sacar su negocio adelante, Arcadio busca que un préstamo le brinde la posibilidad de acceder a la compra de cuido de engorde para sus cerdos.
Arcadio espera poder obtener el cuido sin que sus ingresos mensuales se vean afectados, pues actualmente presenta muy poca liquidez debido a que está construyendo su casa propia, esto gracias a que también conoce la actividad de la construcción. Arcadio sueña con tener un buen negocio, con terminar de construir su propia casa y con ofrecerles a su esposa y sus 3 hijos una buena calidad de vida y mayores oportunidades económicas.
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.