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Miriam De Jesús
Miriam is an active, enterprising woman who has always fought for the well-being of her parents and her two children. She has had her own businesses, including a grocery store and a business raising pigs. Today she devotes herself exclusively to raising and selling pigs. She has the pens at her home and works every day by herself. She has been able to bring in enough money to provide her family's basic necessities and send her children to school.
These loans offer Miriam a means of support that helps her move forward in life. She is on her sixth loan cycle and will use the loan to buy a breeding sow and feed for the animals. This will allow her to increase the number of animals she has and feed them so that she can sell the piglets at a higher price. Increasing her income will enable her to improve her family's living conditions, and her main goal is to work hard so that her children can have good careers and prosperous, successful futures.
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Miriam es una mujer emprendedora y activa, siempre ha luchado por el bienestar de sus padres y sus dos hijos. Durante su vida productiva se ha desempeñado en el área comercial, pues ha tenido sus propios negocios, entre ellos, tienda de abarrotes y cría de cerdos. Hoy en día se dedica de lleno a la cría y comercialización de cerdos, tiene las cocheras ubicadas en la casa donde reside, trabaja sola todos los días y esto le ha generado los recursos suficientes para sustentar las necesidades básicas del hogar y para educar a sus hijos.
Miriam ha encontrado en el crédito, una alternativa de apoyo para salir adelante, es por ello que solicita su sexto ciclo con el que comprará una cerda de cría y concentrado para alimentar los animales, esto le permitirá aumentar su producción y alimentar a los animales para luego vender los lechones a un mejor precio, generando las utilidades necesarias para mejorar las condiciones de vida familiar, pues su principal propósito es luchar para que sus hijos sean profesionales y se forjen un futuro próspero y exitoso.

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
  • 167
    View loans »
    Colombia Loans Fundraising
  • $12,834,025
    Funds lent in using Kiva
  • 2,050.5
    Colombia Pesos (COP) = $1 USD
Ended with Loss - Currency Exchange Loss learn more
A loan of $1,000 helped Miriam De Jesús to buy a breeding sow and feed for her animals.
98% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jan 10, 2014
Listed
Feb 10, 2014
Currency Exchange Loss:
Possible
Ended:
Dec 17, 2014