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Liliana Andrea
Liliana, 29, is a country woman who raises and sells chickens. The business grew out of the need to generate an income to contribute to the household economy because she was unemployed and her family was going through a difficult economic situation. The chicken pens are situated outside the house where she lives and her parents support her in the job. She learned the trade on her own and the business has taken hold little by little. Her relatives, neighbors and friends are the main customers. Her drive, determination and positivity have allowed her to get ahead, giving her a new opportunity to improve her family's living conditions.

Liliana is requesting a loan to upgrade the chicken pens and to buy poultry feed. This will allow her to take advantage of the available space she has and be able to feed the chickens to meet the high demand for the Christmas season which is approaching. She will be able to increase sales and income and thus care for her parents. She can also strengthen her business and increase the number of chickens she has. This will increase her profit and allow her to get closer to her goal of having a well-established business set up in a place independent from the house.
View original language description ↓
Liliana, con 29 años de edad, es una mujer campesina dedicada a la cría, engorde y comercialización de pollos, actividad que surgió por la necesidad de generar ingresos para aportar a la economía del hogar, pues se encontraba desempleada y su familia pasaba por una situación económica difícil. Los galpones se encuentran ubicados en la terraza de la casa donde vive y cuenta con el apoyo de sus padres para realizar las labores. Aprendió de manera empírica y poco a poco su negocio fue aceptado en el sector, allí los familiares, vecinos y amigos son los principales compradores de los animales despresados. Su empuje, decisión y positivismo le han permitido salir adelante y le han dado una nueva oportunidad para mejorar las condiciones de vida de su familia. Actualmente solicita el apoyo del crédito para realizar unas adecuaciones a los galpones y para comprar concentrado para alimentar a las aves, esto le permitirá aprovechar bien el espacio que tiene disponible y podrá realizar a tiempo el engorde de las aves para satisfacer la demanda en la temporada navideña que se aproxima. Esto se reflejará en el incremento de las ventas y por ende de los ingresos que recibe, con los que podrá seguir velando por el bienestar de sus padres y además tendrá la oportunidad de fortalecer más su negocio y ampliar los galpones y la cantidad de aves, para tener mayor rentabilidad; de esta manera Liliana ve más cerca el cumplimiento de su sueño, que es tener su negocio bien establecido pero en un lugar independiente de su vivienda.

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

  • $6,070
    Average annual income
  • 177
    View loans »
    Colombia Loans Fundraising
  • $13,171,600
    Funds lent in using Kiva
  • 1,879.5
    Colombia Pesos (COP) = $1 USD

Success!! The loan was 100% repaid

A loan of $800 helped Liliana Andrea to upgrade chicken pens and buy poultry feed.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Sep 17, 2013
Listed
Oct 21, 2013
Currency Exchange Loss:
Possible
Ended:
Apr 17, 2014