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Ivio’s married and has four children who are all minors; he works hard for them every day in his business to raise them and provide a good quality of life for them.

Ivio comes from a family that worked doing work in the fields and this allowed him from a very early age to learn the occupations his father carried out and gradually obtain much experience in fieldwork.

He decided to use some savings to start his own business with at the beginning was just raising pigs but gradually grew and now he also raises chickens. He earns the income needed to support his home and provide his family everything necessary to have a good quality of life through this business.

Thanks to the good work he does, Ivio is well known in the sector and this has led to his winning over more customers each time which has led to his business sales growing more each time too.

In order to have a better work site and to increase the amount of chickens and pigs, Ivio is looking for a loan to be able to make improvements to the chicken coops and the pig sties. In this way he will be able to raise more pigs and chickens thus increasing his sales considerably so that he can generate higher income for his family and provide a better quality of life for them all.
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Ivio se encuentra casado y tiene 4 hijos de los cuales todos son menores de edad y es por estos por quienes trabaja fuertemente en su negocio todos los días para sacarlos adelante y brindarles una buena calidad de vida. Ivio proviene de una familia que se dedicaba a las actividades del campo y esto le permitió desde muy temprana edad aprender los oficios que desempeñaba su padre, y así poco a poco adquirir una gran experiencia en las labores del campo. Con unos ahorros decidió montar su propio negocio el cual en un principio era solo una crianza de cerdos y poco a poco fue creciendo y ahora también tiene una crianza de pollos; con este negocio genera los ingresos necesarios para su hogar y puede brindar en su familia todo lo necesario para tener una buena calidad de vida. Gracias a que hace muy bien su trabajo, Ivio es conocido en el sector y esto le ha permitido captar cada vez más clientes, lo que a su vez se ha traducido en que su negocio venda cada vez más; es por esto que busca que un préstamo le brinde la oportunidad de acceder a realizar mejoras locativas en los corrales donde tiene la crianza de pollos y de cerdos, y así poder tener un espacio donde pueda incorporar mayor número de pollos y de cerdos, de modo que pueda responder a los grandes pedidos de sus clientes.

De esta manera podrá criar más cerdos y pollos y así aumentar sus ventas considerablemente, de modo que podrá generar mayores ingresos para su familia y brindar una mejor calidad de vida para todos, y progresar económicamente.

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
  • 354
    View loans »
    Colombia Loans Fundraising
  • $15,636,375
    Funds lent in using Kiva
  • 1,795.0
    Colombia Pesos (COP) = $1 USD

Success!! The loan was 100% repaid

A loan of $850 helped Ivio to increase the size of his corrals.
100% repaid
Repayment Term
15 months (Additional Information)
Repayment Schedule
Mar 30, 2012
May 8, 2012
Currency Exchange Loss:
Nov 16, 2012