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Alvaro Antonio
Sr. Álvaro, 43, is a farmer. Currently he is growing avocados and cilantro on family land. He dedicates his free time to his own farming since he also works as a farm laborer in flower cultivation in the municipality of Carmen de Viboral, located east of Antioquia. He has many years of experience in this work since he belongs to a family of farmers.

Álvaro has two sons, 15 and 6 years old. The youngest of his sons has a disease of the colon that requires surgery and very expensive medication.

At present, Álvaro wants to plant more avocados and continue growing as a farmer so that he will be able to generate additional income to support his family. He dreams of seeing his son recovered from his the illness and of continuing to work to give his family an education and a better quality of life.
View original language description ↓
El señor Álvaro a sus 43 años de edad, se dedica a la agricultura. Actualmente tiene cultivos de aguacate y cilantro en terrenos de propiedad familiar. El Señor Álvaro dedica su tiempo libre a los cultivos ya que también él trabaja como operario agrícola en un cultivo de flores en el municipio del Carmen de Viboral ubicado al oriente de Antioquia. El señor Álvaro cuenta con muchos años de experiencia en el oficio puesto que pertenece a una familia de agricultores.
El señor Álvaro tiene dos hijos de 15 y 6 años de edad; el menor de sus hijos tiene una enfermedad en el colón y requiere de una cirugía y del consumo de medicinas muy costosas.
Actualmente, el señor Álvaro desea sembrar palos de aguacate y de esta manera seguir creciendo con su actividad, por tanto podrá generar otros ingresos para el sustento familiar. El señor Álvaro sueña con ver a su hijo recuperado de la enfermedad que tiene y continuar trabajando para darle a su familia una mejor calidad de vida y educación.

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
  • 324
    View loans »
    Colombia Loans Fundraising
  • $18,147,400
    Funds lent in using Kiva
  • 1,920.0
    Colombia Pesos (COP) = $1 USD

Success!! The loan was 100% repaid

A loan of $800 helped Alvaro Antonio to plant avocados.
100% repaid
Repayment Term
36 months (Additional Information)
Repayment Schedule
Nov 21, 2011
Nov 22, 2011
Currency Exchange Loss:
Aug 19, 2013