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Paula Alejeandra
For the past two years, Paula Alejandra has been raising pigs so that she can save up money in order for her family to have a better quality of life.

In order to continue and improve her business, Paula needs to repair her pigpens. She also needs to buy more animals to raise so that she can sell them at the best price.

View original language description ↓

Desde hace 2 años Paula Alejandra se dedica a la cría de cerdos para realizar un ahorro y poder mejorar la calidad de vida de su familia.

Para continuar y mejorar su negocio Paula necesita mejorar los corrales de sus cerdos, adicionalmente necesita comprar mas animales y cuido para poder venderlos a mejor precio

Additional Information

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
  • 306
    View loans »
    Colombia Loans Fundraising
  • $18,193,150
    Funds lent in using Kiva
  • 1,896.9
    Colombia Pesos (COP) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,075 helped Paula Alejeandra purchase pigs & repair pigpens.
100% repaid
Repayment Term
22 months (Additional Information)
Repayment Schedule
Feb 22, 2011
Feb 28, 2011
Currency Exchange Loss:
Oct 17, 2012