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Maria Isnelida
Isnelida is a cheerful woman who enjoys life. She has worked in farming since she was born, having grown up in the country and developed her skills by observing. Her main obstacle has undoubtedly been the death of her husband but, in spite of this, she continued growing her crops and struggling to support her 3 children, who are now grown up. She is seeking a loan to buy supplies such as manure and seeds in order to improve her crops because she wants to keep making progress, have more land and honour her husband's memory by growing large crops.
View original language description ↓
Isnelida una mujer alegre y gozadora de la vida dedicada a la agricultura pues desde su nacimiento se crio en el campo y desarrollo sus habilidades empíricamente.
Su mayor obstáculo ha sido sin duda el fallecimiento de su esposo pero a pesar de esto siguió con sus cultivos y luchando por sus 3 hijos que hoy en día son mayores de edad.
Solicita un crédito para la compra de insumos como abonos y semillas para mejorar sus cultivos pues quiere sacar su cada adelante expandir sus terrenos y honrar el nombre de sus esposo con grandes cultivos.

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
  • 243
    View loans »
    Colombia Loans Fundraising
  • $17,876,725
    Funds lent in using Kiva
  • 1,867.4
    Colombia Pesos (COP) = $1 USD

Success!! The loan was 100% repaid

A loan of $550 helped Maria Isnelida to buy agricultural supplies.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Jun 20, 2014
Jul 22, 2014
Currency Exchange Loss:
Feb 20, 2015