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Ever Augusto
Ever is 55 years old. He lives in a common-law marriage with his partner and has 6 children. Due to lack of work opportunities, Ever and his family have been through difficult financial situations, but Ever's spirit, strength and desire to get ahead in life motivated him to open his own business. Together with his wife, they refurbished the living room of their house about a year ago and opened a home-based Internet Cafe. This has allowed them to generate income and provide for their large family. Ever and his wife work long hours. They open every day of the week from 8 a.m. to 8 p.m.
Ever is asking for a loan to invest in the purchase of two work stations (computers) to expand his business and meet the demands of his customers, which he cannot do with his current equipment. This will improve his sales and family income. It will also allow Ever to move towards achieving his goal of having a well organized business, with quality equipment and able to provide excellent service. This in turn will improve his family's well-being and quality of life and will allow Ever to provide an excellent education for his children.
View original language description ↓
Ever, a sus 55 años de edad, vive en unión libre con su compañera y es padre de 6 hijos. Por falta de oportunidades laborales, él y su familia han pasado por situaciones económicas difíciles, pero su empuje, fortaleza, empeño y las ganas de salir adelante, lo motivaron para iniciar su propio negocio en compañía de su esposa, hace un año aproximadamente, adecuó la sala de su casa y allí ofrece el servicio de sala de internet, con lo cual ha retomado labores y ha podido generar ingresos para el sostenimiento de su gran familia. Ever y su esposa trabajan arduas jornadas, pues abren todos los días de la semana, desde las 8:00 am hasta las 8:pm. Actualmente solicita el crédito con el fin de invertirlo en la compra de 2 equipos de trabajo (computadores) para ampliar el negocio y satisfacer la demanda que tiene, ya que con los equipos que posee no logra cubrirla. esto le permitirá mejorar sus ventas y sus ingresos familiares y permitirá avanzar hacia el cumplimiento de su principal meta, que es tener su negocio muy organizado, con equipos de muy buena calidad y prestar un excelente servicio, así mejorará el bienestar y la calidad de toda la familia y podrá brindarle una excelente educación a sus hijos.

Additional Information

More information about this loan

By funding this loan, you are promoting entrepreneurship in remote regions, including areas recovering from guerilla warfare in Colombia, and helping to reverse the rural exodus which occurred in the past decades when a the rural population fled their countryside homes for the safer cities.

This Kiva loan was created by Kiva's field partner Interactuar specifically for Kiva funding, in an effort to reach more borrowers in rural areas. Most of the Interactuar's lending operations are focused in urban parts of Medellin. But this loan product is designed to provide working capital to riskier agricultural businesses who have been traditionally excluded from the finance sector.

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
  • 372
    View loans »
    Colombia Loans Fundraising
  • $15,691,700
    Funds lent in using Kiva
  • 1,884.2
    Colombia Pesos (COP) = $1 USD

Success!! The loan was 100% repaid

A loan of $800 helped Ever Augusto to purchase two computers.
100% repaid
Repayment Term
21 months (Additional Information)
Repayment Schedule
Jun 27, 2013
Jul 30, 2013
Currency Exchange Loss:
Apr 17, 2014