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Marta Lucía
Marta is married and has two children, ages 5 and 7. Two years ago, she established her business of raising chickens because she needed to generate income. She wanted to contribute financially toward the household expenses so that her family could overcome great economic difficulties. Since starting her business, her family’s quality of life has improved. This motivates her to continue working hard so that she can grow her business.

Marta is looking to improve her production capacity so that she can attend to the orders from her customers. Therefore, she is seeking a loan in order to buy 50 chickens and to repair the coop where they will be raised. Her dream is to have a successful business that will enable her to acquire a house of her own. As a result, she will be able to provide her husband and two children a better quality of life and a more stable home.

View original language description ↓
Marta se encuentra casada y tiene 2 hijos 5 y 7 años de edad, y desde hace 2 años montó su negocio de cría de pollos por la necesidad de generar ingresos con los cuales pudiera contribuir económicamente en su hogar para superar las grandes dificultades económicas de su familia. Desde que inició con su negocio la calidad de vida de su familia ha podido mejorar, y esto la motiva a seguir trabajando fuertemente para hacer crecer su negocio. Buscando mejorar su capacidad de producción para atender a los pedidos de sus clientes, Marta busca un préstamo que le permita comprar 50 pollos y adecuar el corral donde los cuida.

Su sueño es tener un gran negocio que le permita conseguir su casa propia y así ofrecerles a sus 2 hijos y su esposo una mejor calidad de vida y un hogar más estable.

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
  • 323
    View loans »
    Colombia Loans Fundraising
  • $18,147,400
    Funds lent in using Kiva
  • 1,797.5
    Colombia Pesos (COP) = $1 USD

Success!! The loan was 100% repaid

A loan of $350 helped Marta Lucía to buy 50 chickens and to repair the coop where they will be raised.
100% repaid
Repayment Term
15 months (Additional Information)
Repayment Schedule
Sep 27, 2012
Nov 1, 2012
Currency Exchange Loss:
Sep 22, 2013