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Naudel Antonio
Naudel’s a person who has always been noted for being very hardworking and this has made it possible for him to earn income to provide his home with the necessary support. For a great part of his life he’s worked in agriculture and in the fields and thanks to this experience he’s well-known for producing very good quality products. He currently has a pregnant sow so piglets will soon produce income he needs. But because he can’t completely fill customer orders, Naudel needs a loan to buy a pig to increase production capacity and respond to customer orders. His greatest dream is to be able to provide his family with a good quality of life and offer good growth to his newborn son and to his 8-year-old son.
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Naudel es una persona que siempre se ha caracterizado por ser muy trabajador y esto le ha permitido obtener los ingresos que requiere en su hogar para poder brindar el sustento necesario. Durante gran parte de su vida se ha dedicado a la actividad de la agricultura y el campo, y gracias a esta experiencia tiene la oportunidad de ser reconocido por tener productos de muy buena calidad. Actualmente tiene una cerda y esta está en etapa de gestación, por lo que las crías ya pronto le generarán unos ingresos que requiere. Pero debido a que los pedidos de sus clientes no los puede abastecer completamente, Naudel busca un préstamo para comprar un cerdo y aumentar su capacidad de producción para responder a los pedidos de sus clientes.

Su mayor sueño es poder brindarle a su familia una buena calidad de vida y ofrecerles un buen crecimiento a su hijo recién nacido y su hijo de 8 años.

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
  • 291
    View loans »
    Colombia Loans Fundraising
  • $13,930,350
    Funds lent in using Kiva
  • 1,830.0
    Colombia Pesos (COP) = $1 USD

Success!! The loan was 100% repaid

A loan of $400 helped Naudel Antonio to buy a pig.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jul 18, 2012
Listed
Sep 3, 2012
Currency Exchange Loss:
Covered
Ended:
Jun 20, 2013