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Luz Dary
Luz Dary is a hard working person who when not finding work opportunities and on seeing the need to give her son a decent quality of life, started an at-home business raising chickens and pigs in order to generate income for sustaining her household.

The biggest difficulty she has is that she is a single head of household because the father of her son abandoned her some time ago without making any contribution towards maintaining them.

With her business she has been able to improve the financial conditions the family experiences and now that she has the opportunity to grow her business she needs a loan to build a bigger pen to care for the chickens and pigs and to buy more chickens and pigs to raise.

Her dream is to be able to finish building her house as it only has the basics and although it is currently habitable, she wants to be able to offer her son a more comfortable home.
View original language description ↓
Luz Dary es una persona muy trabajadora que al no encontrar oportunidades laborales y al verse con la necesidad de brindarle a su hijo una calidad de vida digna, montó un negocio en su casa de crianza de pollos y cerdos con el que generaría los ingresos para el sostenimiento de su hogar. La gran dificultad que tiene es que es madre soltera cabeza de hogar ya que el padre de su hijo la abandonó hace un tiempo sin hacer alguna contribución para el sostenimiento. Con su negocio ha podido mejorar las condiciones económicas que vive la familia y ahora que tiene la oportunidad de crecer en su negocio requiere un préstamo para construir un galpón más grande para el cuidado de las gallinas y los cerdos y para comprar más crías de gallinas y cerdos.

Su sueño es poder terminar de construir su casa ya que solo tiene las bases y aunque en la actualidad se encuentra habitable, busca poder ofrecerle a su hijo un hogar con mejores comodidades.

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
  • 381
    View loans »
    Colombia Loans Fundraising
  • $16,201,675
    Funds lent in using Kiva
  • 1,798.5
    Colombia Pesos (COP) = $1 USD

Success!! The loan was 100% repaid

A loan of $850 helped Luz Dary to build a larger pen to care for the chickens and pigs and to buy more chickens and pigs to raise for her home-based business.
100% repaid
Repayment Term
20 months (Additional Information)
Repayment Schedule
Sep 20, 2012
Nov 1, 2012
Currency Exchange Loss:
Oct 20, 2013