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Adriana María
Adriana is a 46 year old woman with great life ambitions. Since she was very young she has worked in the fields, which has awakened in her a great love for nature and animals. Raising animals has been her commercial activity and she has generated earnings from this work to provide sustenance to her family. Currently she makes a living raising pigs, an activity that she hopes to alternate with raising chickens. For this reason she is requesting a loan that she will invest in making improvements to her pens, sheds and to purchase animals of various ages to ensure the production of eggs and meat during all times of the year.

Thanks to this investment, Adriana will begin with her project of creating a micro-enterprise and will be able to increase her earnings and optimize her space and natural resources that she has in front of her home.
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Adriana es una mujer de 46 años de edad y con grandes proyecciones en la vida. Desde joven ha laborado en el campo por lo cual ha despertado un gran amor por la naturaleza y los animales; animales que se han constituido en su actividad comercial y en la generación de ingresos para el sostenimiento de su familia. En la actualidad se dedica a la cría de cerdos, actividad que desea alternar con la producción de pollos, por lo cual se encuentra solicitando un crédito que invertirá en la adecuación y mejoramiento de corrales, galpones y compra de animales en diferentes edades para asegurar la producción de huevos y carne en todos los meses del año.
Gracias a esta inversión, Adriana iniciará con su proyecto de crear su microempresa y podrá aumentar sus ingresos y optimizar los espacios y recursos naturales con los que cuenta en su vereda.

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

  • $6,070
    Average annual income
  • 306
    View loans »
    Colombia Loans Fundraising
  • $13,787,625
    Funds lent in using Kiva
  • 1,839.5
    Colombia Pesos (COP) = $1 USD

Success!! The loan was 100% repaid

A loan of $5,450 helped Adriana María to make improvements to her pens and sheds and to purchase chickens.
100% repaid
Repayment Term
26 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Apr 17, 2013
Listed
May 20, 2013
Currency Exchange Loss:
Covered
Ended:
Feb 20, 2015