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Jhon Edison
Jhon is 24 years old. He is known as a robust and determined man; perseverance is his greatest quality.

Jhon asserts that one of his greatest dreams is to have his own business and to improve his family's quality of life, which is why he is now requesting a loan to invest in the purchase of basic household staples to open his own general store. He hopes to be able to position himself in the local market and become a major supplier of food for his community.
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Jhon, tiene 24 años de edad, se caracteriza por ser un hombre pujante y luchador, su perseverancia es su mayor cualidad. Asegura que uno de sus mayores sueños es tener su propio negocio y mejorar la calidad de vida de su familia, motivo por el cual hoy se encuentra solicitando un crédito que invertirá en la compra de productos de la canasta familiar y crear su propia tienda general. Desea poder posicionarse dentro del mercado local y convertirse en un gran proveedor de alimentos para su comunidad.

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
  • 379
    View loans »
    Colombia Loans Fundraising
  • $16,230,175
    Funds lent in using Kiva
  • 1,892.5
    Colombia Pesos (COP) = $1 USD
A loan of $1,600 helped Jhon Edison to purchase everyday household staples.
Repayment Term
26 months (Additional Information)
Repayment Schedule
May 2, 2013
May 31, 2013
Currency Exchange Loss:
Jun 30, 2013