When he graduated as a Mechatronics Technician, Rolando Albeiro P. H. decided to be independent, a situation that has allowed him to become a micro businessman in the town of Yarumal, Antioquia, where he repairs all kinds of electronic devices. He’s limited by the fact, however, that he has to get his replacement parts in Medellín, Antioquia, which creates difficulty for him to deliver his jobs on time.
Rolando hopes to improve his services and stay in the marketplace. He needs financial help to buy some needed replacement parts to repair television sets and sound equipment as well as technical equipment that will make it possible for him to repair the devices much better.
If Rolando gets the help he will be able to finish jobs on time, his clientele will grow and, by the same token, so will his income and he will be able to continue to provide daily support to his family since he’s married and has two children.
Después de graduarse como Técnico en Mecatrónica, Rolando Albeiro P. H., decidió ser independiente, situación que le ha permitido convertirse en microempresario en el municipio de Yarumal-Antioquia, donde repara todo tipo de aparatos electrónicos con la limitante de que los repuestos debe llevarlos desde Medellín- Antioquia, lo que le dificulta ser oportuno en la entrega de sus trabajos.
Rolando espera mejorar sus servicios y mantenerse en el mercado, necesita del apoyo económico para comprar algunos repuestos necesarios para reparar televisores y equipos de sonido, así como herramienta mecánica que le permitirá reparar mucho mejor los artefactos.
Si Rolando obtiene dicho apoyo logrará ser más oportuno en la entrega, aumentarán sus clientes y en esa medida sus ingresos, para continuar ofreciéndole a su familia el sustento diario, pues actualmente está casado y tiene 2 hijos.
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.