Sandra is an entrepreneur who always wanted to work independently and contribute to her household with her income, and so after studying several things about the beauty profession, she decided to provide manicures from her home.
Given that Sandra also has knowledge of cuts, blow-outs, dying and other things, this entrepreneur needs a loan to buy some tools that will allow her to offer these types of services and so improve her income.
In the future, Sandra hopes to have her own premises with a Beauty Salon that will offer all these services.
Sandra es una emprendedora que siempre quiso trabajar como independiente y aportar a su hogar con sus ingresos, es así como después de estudiar algunas cosas propias del oficio de la belleza, se dedica a realizar manicure a domicilio.
Teniendo en cuenta que Sandra también tienen conocimientos de corte y cepillado, tinturas, entre otros, esta emprendedora necesita de un préstamo para comprar algunos utensilios que le permitan prestar este tipo de servicios y así mejorar sus ingresos.
En el futuro, Sandra espera tener su propio local con una Sala de Belleza que ofrezca todos los servicios propios de estos negocios.
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.