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Jonathan Andrés
Twenty-three-year-old Jonathan is a young man from the countryside who farms and raises livestock for a living, following the family tradition. He learned the trade from his father. This young man believes the time has come to become independent, which is why he is asking for a loan to invest in young livestock so he can set up his own business and generate income for his and his family's needs. His greatest wish is to become a small business owner and have the opportunity to attend a university to study zootechnics.
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Jonathan de 23 años de edad, es un joven de origen campesino, dedicado a la actividad agrícola y ganadera por tradición familiar. Después de aprender el oficio gracias a su padre. Este joven considera que el momento de independizarse ha llegado, por lo cual se encuentra solicitando un crédito que invertirá en la adquisición de ganado de levante, con el fin establecer su propio negocio y generar recursos para sus gastos y los de su familia. Su mayor deseo es convertirse en microempresario y tener la oportunidad de ingresar a la universidad para iniciar sus estudios en zootecnia.

Additional Information

More information about this loan

By supporting this loan, you're helping a borrower launch a new business!

This loan is designed for an entrepreneur who needs working capital to start a brand new business. Along with the loan, Kiva's field partner Interactuar provides counseling, training courses, and other financial resources to help new, riskier entrepreneurs set up young businesses.

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
  • 361
    View loans »
    Colombia Loans Fundraising
  • $15,606,000
    Funds lent in using Kiva
  • 1,832.5
    Colombia Pesos (COP) = $1 USD

Success!! The loan was 100% repaid

A loan of $550 helped Jonathan Andrés to buy young livestock.
100% repaid
Repayment Term
17 months (Additional Information)
Repayment Schedule
Apr 16, 2013
Apr 28, 2013
Currency Exchange Loss:
Aug 30, 2014