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Francisco Javier
Francisco is a farmer, age 44. He is married and is the father of two children, ages 2 and 13.

Francisco currently works as a contract worker in a company, and he also manages his father-in-law’s business, which consists of dairy production. He learned this work from his parents, who taught him farming skills from a young age; it was the only way of life at that point in time. In this way, he subsidizes his income in order to have enough to get his family ahead.

His goal is to have his own dairy business, so he can supplement his income in this way and face his main challenge, which is the instability of his current job. In order to do this, he is asking for the support of a loan, with which he will buy dairy cattle. Then he can move a little closer to his goals and improve his income.

Francisco, with the humility and honor that are typical of him, shares that he dreams of owning his own home, where he can enjoy a better quality of life in the company of his family. He also wants to fight to keep giving his children a high-quality education.
View original language description ↓
Francisco es un campesino de 44 años de edad, casado y padre de dos hijos de 13 y 2 años.
Actualmente trabaja como contratista de obra en una empresa y, de manera alterna se dedica a manejar el negocio de su suegro que consiste en la producción lechera, este oficio lo aprendió de sus padres que le enseñaron desde pequeño las labores del campo, pues era su única alternativa de vida en esa época; de esta forma complementa los ingresos suficientes para sacar adelante a su familia.
Su propósito es tener su propio negocio de producción lechera, pues de esta forma podrá complementar los ingresos y hacerle frente al principal desafío que es la inestabilidad de su trabajo actual, para lograrlo solicita el apoyo del crédito con el que comprará ganado productor de leche, así avanzará un poco más para cumplir sus objetivos y mejorar los ingresos.
Francisco, con la humildad y la nobleza que lo caracterizan, manifiesta que sueña con adquirir una casa propia, en la que pueda disfrutar mejores condiciones de vida en compañía de su familia y además quiere luchar para seguir dando a sus hijos una educación de calidad.

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
  • 359
    View loans »
    Colombia Loans Fundraising
  • $18,296,125
    Funds lent in using Kiva
  • 1,926.5
    Colombia Pesos (COP) = $1 USD
A loan of $7,800 helped Francisco Javier to buy dairy cattle.
Repayment Term
38 months (Additional Information)
Repayment Schedule
Dec 16, 2013
Jan 14, 2014
Currency Exchange Loss:
Feb 13, 2014