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Marta Liria
Marta is married and has a 12-year-old son. To contribute to the household economy she has a barnyard behind her house where she raises pigs to earn extra income. From a very early age she learned the trade from her family which has always lived in the country and been involved in this and other business activities. With so many years of experience, she now has knowledge about livestock farming, vaccination, birthing piglets, etc. And she is well-known for raising very heavy pigs which makes them more attractive to sell and this has given her a good customer base for her business. Marta is having economic hardship right now, so she is seeking a loan to help buy concentrated animal feed for the newborn piglets so they can grow bigger and command a better price.

Her greatest dream is to give her son a good education and to have a technical business with a capacity to raise more pigs.
View original language description ↓
Marta se encuentra casada y tiene un hijo de 12 años de edad, y para contribuir económicamente en su hogar, tiene en un corral en su casa una cría de cerdos que le brinda unos ingresos para su hogar. Desde muy joven aprendió la actividad gracias a que su familia siempre ha vivido en el campo y se dedicaba a estas y otras actividades, y con la experiencia de tantos años ahora tiene conocimientos de la crianza, la vacunación, atiende los partos de sus cerdos y otros cuidados más. Además es muy reconocida por criar cerdos con un gran peso que los hacen más atractivos para la venta y esto le ha permitido tener muy buenos clientes para su negocio. Marta tiene dificultades económicas en estos momentos y es por esto que busca que un préstamo le ayude para comprar el concentrado para engordar los cerdos recién nacidos y poderlos vender más grandes con un buen peso y a un buen precio a sus clientes.

Su mayor sueño es darle una educación de buena calidad a su hijo y en su negocio sueña con tenerlo tecnificado y con la capacidad para criar una gran cantidad de cerdos.

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
  • 530
    View loans »
    Colombia Loans Fundraising
  • $14,661,300
    Funds lent in using Kiva
  • 1,788.1
    Colombia Pesos (COP) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,125 helped Marta Liria to buy concentrated feed for the newborn piglets so they can grow bigger and be sold for a good price.
100% repaid
Repayment Term
27 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jun 29, 2012
Listed
Aug 2, 2012
Currency Exchange Loss:
Covered
Ended:
Aug 30, 2014