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Sandra Eugenia
Sandra is a 27 year old young lady who works hard to get her three young children ahead. Her love for them prevents her from leaving them alone at home alone, so she raises pigs. She considers this to be a great advantage because it allows her family to generate income. She has managed to generate income to feed and educate her children.

Her greatest dream is to have a farm because she is convinced that the country is the best place to live and she believes that the combination of raising crops and pigs would put her in better financial situation. Although her dreams don’t stop, she knows that she has to save up in order to achieve her wishes.

She is asking for this loan in order to buy pigs to raise and provide a good quality production.

She expects that she will be able to improve her quality of life through her efforts and discipline and that she will be able to guarantee an education to her children.
View original language description ↓
Sandra es una joven de 27 años, que lucha por sacar a sus 3 hijos menores de edad adelante. Su situación económica no le permite dedicarse de tiempo completo a su hogar, pero, su amor de madre no le permite dejarlos solos en casa, razón por la cual se dedica a la cría y engorde de porcinos en su vivienda, lo cual considera que es una gran ventaja porque le permite cuidar de su familia al tiempo que genera ingresos. Con esta actividad ha logrado generar el sustento para la alimentación y la educación de sus hijos.
Su mayor sueño es tener una finca, debido a que está convencida que el campo es el mejor lugar para vivir, y cree que podría mejorar su situación económica combinando la porcicultura con la agricultura. Aunque sus sueños no paran, esta mujer es conciente que debe ahorrar para cumplir su deseo.
En la actualidad se encuentra solicitando un crédito que invertirá en la compra de cerdos y cuido para sacar una producción de calidad.
Espera que con su esfuerzo y disciplina su calidad de vida mejore, garantizándoles a sus hijos una mejor educación.

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
  • 487
    View loans »
    Colombia Loans Fundraising
  • $15,254,800
    Funds lent in using Kiva
  • 1,799.5
    Colombia Pesos (COP) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,675 helped Sandra Eugenia to buy pigs.
100% repaid
Repayment Term
26 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jan 23, 2013
Listed
Mar 1, 2013
Currency Exchange Loss:
Covered
Ended:
Dec 17, 2014