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Mario Alberto
Mario is known as a hard-working man with very good projects. His ability to relate to people has allowed him to become a great leader. He has worked for several years in agriculture and wants to buy cattle together with his brother. Meanwhile, he will manage the guest house and tavern that he will rent out in the area where he lives.

In order to carry out both businesses, Mario is requesting a loan to buy pastries, tables and chairs, and dairy cows.

His goal is to give his three-month-old twin girls a decent quality of life.
View original language description ↓
Mario, se ha caracterizado por ser un hombre trabajador y con muy buenas proyecciones. Su habilidad para relacionarse con la gente le ha permitido convertirse en un gran líder. Trabajó por varios años en el campo por lo cual desea invertir en la compra de ganado, que tendrá en compañía con un hermano, mientras el se dedicará a la administración de un estadero que arrendará en el sector donde reside.
Para el desarrollo de estas dos actividades, Mario se encuentra solicitando un crédito que invertirá en la compra de surtido (mecatos), silletería, mesas y vacas lecheras.
Sueña con brindarle a sus gemelas de tan sólo tres meses de nacidas una calidad de vida digna.

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
  • 503
    View loans »
    Colombia Loans Fundraising
  • $15,254,800
    Funds lent in using Kiva
  • 1,898.3
    Colombia Pesos (COP) = $1 USD
A loan of $2,650 helped Mario Alberto to buy a variety of pastries, tables and chairs, and dairy cows.
Repayment Term
27 months (Additional Information)
Repayment Schedule
May 28, 2013
Jun 24, 2013
Currency Exchange Loss:
Jul 24, 2013