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Sebastián is a young man living in the country with the desire to overcome obstacles, which leads him to seek alternatives to get ahead. At 19 years old, he works as an operator at a flower farm, but in order to supplement his earnings and occupy all of his free time he wants to alternate his job with an independent business. He wants to buy cattle to raise and put the cattle into production. The animals will be located on the farm of someone he knows who will not charge him rent. This is why is asking for the support of the loan, to buy calves to raise, thus starting his new productive project, taking advantage of all of the knowledge that he obtained from his father and putting it into practice to earn an income.

With his tenacity and drive, Sebastián dreams of having a financially stable business that will enable him to pay for a university education in order to have better work opportunities and be a full professional who provides for his family's well being.
View original language description ↓
Sebastián es un joven campesino con un espíritu de superación que lo lleva a buscar alternativas para salir adelante. A sus 19 años de edad, trabaja como operario en un cultivo de flores, pero, con el ánimo de complementar sus ingresos y ocupar todo el tiempo que le queda libre, desea alternar su empleo con una actividad independiente, pues quiere comprar ganado de levante y ponerlo a producir, los animales estarán ubicados en la finca de un conocido que no le cobrará arriendo, es por ello que solicita el apoyo del crédito para comprar terneras de levante y así dar inicio a su nuevo proyecto productivo, aprovechando todos los conocimientos que obtuvo de su padre y ponerlo en práctica para generar ingresos.
Sebastián, con su tenacidad y empuje, sueña con tener una actividad económicamente estable, que le permita tener la posibilidad de costearse una carrera universitaria para sí tener mejores oportunidades laborales y ser un profesional íntegro, que vela por el bienestar de su familia.

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
  • 480
    View loans »
    Colombia Loans Fundraising
  • $15,254,800
    Funds lent in using Kiva
  • 1,964.4
    Colombia Pesos (COP) = $1 USD
Paying Back - Currency Exchange Loss

This loan has been fully funded!

A loan of $1,025 helped Sebastián to buy cattle to raise and put the cattle into production.
56% repaid
Repayment Term
27 months (Additional Information)
Repayment Schedule
Feb 26, 2014
Apr 5, 2014
Currency Exchange Loss: