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Ever De Jesús
Ever is a small farmer from the town of Sonsón, Antioquia, Colombia. He has done farm labor since he was a child. He now has an opportunity to run his own business selling fast food in Sonsón.

Ever is therefore seeking a loan that he will use to purchase ingredients and supplies for food preparation. He is confident that this is a great opportunity to open his business as it is in an excellent location with a high volume of traffic.

Ever's most fervent wish is to improve his financial situation and ensure a better quality of life for his family.
View original language description ↓
Ever es un campesino del municipio de Sonsón, Antioquia, Colombia. Dedicado a labrar el campo desde su juventud. Hoy se le ha abierto una oportunidad de tener su propio negocio dedicado a la venta de comidas rápidas en su municipio, por lo cual se encuentra solicitando un crédito que invertirá en la compra de activos e insumos para la preparación de alimentos. Asegura que es una gran oportunidad de iniciar con su actividad comercial, debido a que el lugar se encuentra estratégicamente ubicado y es de acceso concurrido.
Su mayor deseo es mejorar su condición económica y garantizarle a su familia una mejor calidad de vida.

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
  • 303
    View loans »
    Colombia Loans Fundraising
  • $13,796,725
    Funds lent in using Kiva
  • 1,899.4
    Colombia Pesos (COP) = $1 USD
Expired
A loan of $2,350 helped Ever De Jesús to purchase tools and staple food items.
Repayment Term
26 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
May 10, 2013
Listed
Jun 7, 2013
Currency Exchange Loss:
Covered
Expired:
Jul 7, 2013