For 15 years Martha Luz has worked selling products from magazines and clothing, with the help of a niece and a friend. Her mother taught her this work from a very young age. Martha has 3 children and feels like a lucky woman because she has a job that allows her to be together with them throughout all of the moments as they grow up. She likes to be in her home and to take care of it. Nevertheless, from 10am to 5pm she leaves to offer her products, and even though she doesn't have to keep a certain schedule she likes to have discipline in her work.
Martha is a very enterprising woman and currently she needs to invest capital in the purchase of more merchandise both from catalogs and the clothing that she usually sells to her clients. She doesn't have the capital that she needs to make her business more prosperous and promising.
Desde Hace 15 años Martha luz trabaja vendiendo productos de revista y ropa con ayuda de una sobrina y una amiga, labor que su madre le enseñó desde muy pequeña, Martha tiene 3 hijos y se siente una mujer afortunada por tener un trabajo que le permite estar junto a ellos acompañándolos en todos los momentos que deben vivir en su proceso de crecimiento, le gusta estar en su hogar y hacerse cargo de él. Sin embargo ella desde las 10:00am sale a ofrecer sus productos hasta las 5:00pm y aunque no tiene que cumplir un horario le gusta tener disciplina en su trabajo.
Martha es una mujer muy emprendedora y actualmente necesita invertir capital para comprar más mercancía tanto de los catálogos como la ropa que suele venderle a sus clientes, pero en este momento no posee el capital necesario que hará que su negocio sea mas prospero y prometedor.
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.