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Edith Julieth
Edith, 24, is a young woman who lives in the country. At her father's side she learned about livestock farming and agriculture, which are the family's main source of income. Since she was 18 she has been managing the household economy, as her father became ill and is unable to continue running the business.

Every morning Edith gets up early to start her work: weeding, fertilizing and harvesting the coffee plantation, while also caring for the chickens and pigs. The income from these activities is enough to support her parents and younger sister. Her greatest challenge is being the head of household and running the farm.

Currently, she is requesting a loan to buy chickens and pig feed. This is to improve the family's economic situation and provide her sister with an education.
View original language description ↓
Edith de 24 años de edad, es una joven radicada en el campo. Al lado de su padre aprendió de las actividades pecuarias y agrícolas, las cuales se convirtieron en el sustento familiar. Desde sus 18 años esta joven lidera las actividades económicas de su hogar, debido a que su padre sufrió una enfermedad que lo dejó en situación de discapacidad para continuar al frente de los oficios.
Edith diariamente se levanta muy temprano para comenzar su faena, inicia limpiando los cafetales, abonándolos y recogiendo la cosecha, cuida de los pollos y cerdos. Los ingresos generados gracias a estas actividades sirven como base para el sustento de sus padres y su hermana menor.
Su mayor desafió ha sido ser cabeza de familia y enfrentarse a las labores del campo.
En la actualidad, se encuentra solicitando un crédito que invertirá en la compra de pollos y concentrado para los cerdos, con el fin de mejorar la situación económica de su familia y garantizarle a su hermana 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

  • $6,070
    Average annual income
  • 261
    View loans »
    Colombia Loans Fundraising
  • $13,343,550
    Funds lent in using Kiva
  • 1,804.5
    Colombia Pesos (COP) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,675 helped Edith Julieth to buy chickens and pig feed.
100% repaid
Repayment Term
27 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jan 31, 2013
Listed
Mar 1, 2013
Currency Exchange Loss:
Covered
Ended:
Jan 18, 2014