Rodrigo has always been known as a very hard-working man and, thanks to this quality, he has managed to make progress together with his family, offering them a good quality of life. He started learning how to grow crops at the age of 11, working alongside his father. He has been in this line of work his entire life. Thanks to all of the experience he has gained, Rodrigo is well known for producing very good quality crops and this has set him apart from the rest in his customers' eyes.
Seven years ago, Rodrigo decided to set up his own business and he used some savings that he had to grow his first lot of fruit. From that time on, he has been working independently and making the income he needs to provide for his household (his wife and four children). His crops have suffered quite a lot as a result of the harsh winter season and so he is looking for a loan that will allow him to buy fertilizers, irrigation equipment, insecticides and fungicides.
In this way, Rodrigo's business will continue moving forward and he will be able to continue making the income he needs to cover his household expenses, providing his family with a good quality of life and better opportunities for making progress.
Rodrigo siempre se ha caracterizado por ser muy trabajador y gracias a esta cualidad ha logrado salir adelante junto con su familia brindándoles una buena calidad de vida. Desde los 11 años de edad aprendió trabajando al lado de su padre la producción de cultivos, y durante toda su vida se ha dedicado a esta actividad. Gracias a toda la experiencia que ha adquirido, Rodrigo es reconocido por tener cultivos de muy buena calidad y esto lo ha diferenciado con sus clientes. Desde hace aproximadamente 7 años decidió montar su propio negocio y con uno ahorros que tenía sacó su primer cultivo de frutas, y desde este momento viene trabajando de manera independiente y así genera los ingresos necesarios para el sostenimiento de su hogar donde convive con su esposa y sus 4 hijos. Debido a la fuerte temporada invernal, sus cultivos se han deteriorado bastante, por esto busca que un préstamo le permita comprar abonos, riegos, insecticidas y fungicidas para poder sacar su cultivo adelante.
De esta manera su negocio seguirá saliendo adelante y así podrá seguir generando los ingresos necesarios para el sostenimiento de los gastos de su hogar, brindándole a su familia una buena calidad de vida y mejores oportunidades de progreso.
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.