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Luz Mabiliana
Luz is a housewife and the mother of five children. With effort and sacrifice she has been able to improve her family’s condition and give her children a good education. Luz sells products from catalogues. Her goal is to generate income in order to help her husband with household expenses.
Today she is looking for a loan in order to start a new business, raising and fattening chickens. This will allow her family to have a better quality of life. Luz would like to have a permanent place for her business. She hopes to buy chickens of various ages in order to have a continuous production of chickens. With this loan she would like to buy chicken coops and food. She dreams of growing her business. She hopes that it will last through time.
View original language description ↓
Luz es ama de casa, y madre de cinco hijos. Con su esfuerzo y sacrificio ha logrado mejorar las condiciones de vida de su hogar y garantizarles a sus hijos una buena educación. Luz se dedica a la venta de productos por catálogo, con el fin de generar los ingresos para apoyar a su esposo con los gastos.
Hoy se encuentra en búsqueda de un crédito con el fin de iniciar con su proyecto de negocio; cría y engorde de pollos, actividad que le permitirá mejorar la calidad de vida de su grupo familiar.
Luz desea tener una producción permanente y para ello espera comprar los pollos de diferentes edades y asegurarse de una producción secuencial.
Con el crédito espera además, adecuar los galpones y compra de concentrado.
Sueña con poder constituir su negocio y lograr que sea perdurable en el tiempo.

Additional Information

More information about this loan

By supporting this loan, you're helping a borrower launch a new business!

This loan is designed for an entrepreneur who needs working capital to start a brand new business. Along with the loan, Kiva's field partner Interactuar provides counseling, training courses, and other financial resources to help new, riskier entrepreneurs set up young businesses.

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
  • 292
    View loans »
    Colombia Loans Fundraising
  • $17,904,550
    Funds lent in using Kiva
  • 1,914.1
    Colombia Pesos (COP) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,575 helped Luz Mabiliana to buy chickens, build chicken coops and buy chicken food.
100% repaid
Repayment Term
26 months (Additional Information)
Repayment Schedule
May 24, 2013
Jun 25, 2013
Currency Exchange Loss:
Oct 17, 2014