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Cristian Javier
Cristian is committed to his pig-raising activities. He is a responsible man who is concerned about his pigs, so he wakes up in the early morning hours so that he can clean and feed them.

In order to take advantage of this season, Cristian is requesting to buy pigs. Therefore, he is requesting assistance for capital that he can borrow in order to buy the pigs, which will allow him to take advantage of the upcoming season. Cristian dreams of moving forward in this profession, improving his household living conditions, living well with his wife, and having future children under decent conditions.
View original language description ↓
Cristian es un comprometido trabajador dedicado a las actividades de la porcicultura, un hombre muy responsable y preocupado por sus cerdos que se levanta desde muy temprano de la madrugada a asearlos y alimentarlos.

Por encontrarse en temporada quiere solicitar marranos para sacar buen provecho de ella por eso pide la ayuda de que le colaboren prestándole capital para poder comprar cerdos y sacar un buen provecho de la temporada que se avecina.

Sueña con seguir adelante en su profesión, mejorar las condiciones de vida en su hogar, vivir mejor con su esposa y poder tener a futuro hijos en condiciones dignas

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
  • 1,887.8
    Colombia Pesos (COP) = $1 USD
Paying Back - Currency Exchange Loss

This loan has been fully funded!

A loan of $425 helped Cristian Javier to buy pigs.
34% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jul 23, 2014
Listed
Aug 16, 2014
Currency Exchange Loss:
Possible