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Antonio De Jesús
Antonio is a humble resident of the countryside who has supported his family by working as a cabinetmaker for more than 10 years now. He has always worked as an employee, but his wages have not been the best.

Today, his dream is to open his own business to create a new source of employment and to improve not only his own family's quality of life but also the lives of other individuals who cross his path. He assures that his work is well-appreciated and recognized and, thus, it will not be difficult for him to enter the market.

In order to begin his great project, Antonio is asking for a loan that he will use to purchase tools and raw materials such as wood. The aim is to begin working.

He dreams of being successful and providing his family with economic stability.
View original language description ↓
Antonio es un humilde campesino, dedicado al oficio de la ebanistería desde hace más de 10 años, como medio de sostenimiento para su hogar. Siempre ha laborado como empleado, pero asegura que el pago no ha sido mejor. Hoy tiene un gran sueño, abrir su propio negocio y crear nuevas fuentes de empleo para el mejoramiento de la calidad de vida no sólo de su familia sino de otras personas de su vereda.
Asegura que su trabajo es bastante apreciado y reconocido, por lo cual no le será difícil iniciar en el mercado laboral.
Para dar inicio a su gran proyecto, Antonio se encuentra solicitando un crédito que invertirá en la compra de herramientas y materia prima-madera- con el fin de iniciar a trabajar. Sueña con salir adelante y ofrecerle a su familia una estabilidad económica.

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
  • 355
    View loans »
    Colombia Loans Fundraising
  • $15,676,275
    Funds lent in using Kiva
  • 1,899.4
    Colombia Pesos (COP) = $1 USD

Success!! The loan was 100% repaid

A loan of $2,125 helped Antonio De Jesús to purchase tools and raw materials such as wood.
100% repaid
Repayment Term
20 months (Additional Information)
Repayment Schedule
May 7, 2013
Jun 7, 2013
Currency Exchange Loss:
Jan 17, 2015