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Hernándo De Jesús
Hernando, age 63, worked for over 27 years as a driver. However, he had to suspend his work due to a fracture in his right arm. He indicates that he is an active person with a great desire to work.

This is the reason that has driven him to request a loan to create a butcher business. He learned this trade thanks to his friends, who devote themselves to the same business activity.

His biggest dream is to ensure his family has a decent life and his two daughters, ages 19 and 15, have a good education. He will use the loan on improvements and paint. He will buy a metal curtain, a display case, a freezer, knives, beef, and chicken.
View original language description ↓
Hernando de 63 años de edad, trabajó por más de 27 años como conductor, pero debió suspender su labor debido a una fractura en su brazo derecho. Manifiesta ser una persona activa y con muchos deseos de laborar. Razón que lo ha impulsado a solicitar un crédito para crear una carnicería, oficio que aprendió gracias a sus amigos que se dedican a la misma actividad. Su mayor sueño es continuar garantizándole a su familia una vida digna y sus dos hijas de 19 y 15 años una buena educación. Invertirá el crédito en adecuaciones locativas, pintura, compra de cortina metálica, vitrina, congelador, cuchillos y carne de res, cerdo y pollo.

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
  • 415
    View loans »
    Colombia Loans Fundraising
  • $16,314,875
    Funds lent in using Kiva
  • 1,892.5
    Colombia Pesos (COP) = $1 USD

Success!! The loan was 100% repaid

A loan of $2,125 helped Hernándo De Jesús to make improvements and to buy paint, a metal curtain, a display case, a freezer, knives, and meat.
100% repaid
Repayment Term
26 months (Additional Information)
Repayment Schedule
May 2, 2013
May 31, 2013
Currency Exchange Loss:
Jun 18, 2015