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Angel Gustavo
Angel can only be described as a charismatic person, friendly and with a good sense of humor that makes people laugh, even to close a business deal. This has helped make his business prosperous because visiting his establishment is a pleasant experience. Angel works in the agricultural sector and buys and sells animals such as chickens and fish. He learned this from his family and since his youth has put forth all his effort to transform and expand a small piece of land into something surprising. His main dream is to have a larger parcel and a recreational area for fishing. He wants to create a family atmosphere where sharing is reflected in every corner of his property. He is asking for a loan to buy supplies such as care for fish and chickens, fix up his fish tank, and build a large chicken house.
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Ángel solo se puede describir como una persona carismática esa simpatía y buen humor que tiene para hacer reír a las personas incluso para cerrar un trato de negocio le han servido para hacer que su negocio prospere ya que es muy agradable realizar visita a su establecimiento, Ángel trabaja básicamente en el sector agricultor en la compra y vente de animales específicamente pollos y peces, aprendió su actividad por su familia y desde muy joven ha empeñado todos su esfuerzo para transformar y ampliar un pequeño terreno en algo sorprendente. Su principal sueño es tener una parcela grande, un lugar recreativos donde pueda implantar el habito de la pesca, crear un ambiente familiar donde el compartir de refleje en cada esquina de su predio. Solicita el crédito para la compra de insumos como compra de cuido para peces y pollos, adecuación y ampliación de la pecera y construir un gran establecimiento para tener los pollos.

Additional Information

More information about this loan

By funding this loan, you are promoting entrepreneurship in remote regions, including areas recovering from guerilla warfare in Colombia, and helping to reverse the rural exodus which occurred in the past decades when a the rural population fled their countryside homes for the safer cities.

This Kiva loan was created by Kiva's field partner Interactuar specifically for Kiva funding, in an effort to reach more borrowers in rural areas. Most of the Interactuar's lending operations are focused in urban parts of Medellin. But this loan product is designed to provide working capital to riskier agricultural businesses who have been traditionally excluded from the finance sector.

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
  • 253
    View loans »
    Colombia Loans Fundraising
  • $16,895,775
    Funds lent in using Kiva
  • 1,925.5
    Colombia Pesos (COP) = $1 USD

Success!! The loan was 100% repaid

A loan of $800 helped Angel Gustavo to buy supplies.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Apr 15, 2014
May 24, 2014
Currency Exchange Loss:
Oct 17, 2014