Tatiana lives in a humble house in the municipality of Valencia, in Córdoba, with her husband and children. Tatiana has fought to give her children a decent life and a good quality education.
Tatiana works in farming: she grows plantains and yucca. This is very common work in the region, where the majority of inhabitants earn an income through this trade. Tatiana is hard-working and preserving, and loves her children. Her husband supports her in her work.
Tatiana is applying for a loan in order to buy farming supplies. She also needs capital for her business.
Tatiana hopes that she will receive help from those with caring hearts.
Ella vive en una humilde casa en el municipio de Valencia, Córdoba donde convive con su esposo y sus hijos por los cuales ha luchado para darles una vida digna y una educación de calidad.
Ella se dedica a la producción agropecuaria de plátano y yuca, es una actividad muy popular en esta región y la mayoría de habitantes obtiene sus ingresos a través de este oficio. Es una mujer trabajadora, constante y muy amante de sus hijos y además su esposo le colabora en todas sus actividades.
Ella solicita un préstamo para comprar insumos agropecuarios, adicional a esto requiere capitalizar su negocio.
Ella tiene la esperanza de poder encontrar ayuda en las personas de corazón solidario.
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 InformationThis 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.
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