At the age of 48 Marleny is an enterprising woman who, after her separation, decided to fend for herself and to move forward with her 2 daughters. Today one of her daughters is married and the other helps her mother in all of her projects. Currently, her goal is to have a steady income so Marleny wants to set up a business from where to sell fast foods. For the past 5 years she has been working for various other people in this field and she has acquired the experience she needs to set up her own business.
Marleny wants to purchase a stand from where to sell foods and ingredients used in the preparation of these foods. To this end she requests a loan to make these purchases, as she does not currently have the necessary capital to undertake this project. She dreams of having stable finances, to position her business, and to have a better quality of life.
A sus 48 años de edad Marleny es una mujer emprendedora que a raíz de su separación decidió valerse por si misma y sacar a sus 2 hijas adelante, hoy en día una de sus hijas está casada y la otra se dedica a apoyar a su madre en todos sus proyectos, como actualmente que con la ilusión de tener un ingreso fijo, Marleny quiere montar un negocio donde venda comidas rápidas pues desde hace 5 años ha trabajado para varias personas en esta labor por lo que ha adquirido la experiencia necesaria para sacar adelante un negocio propio.
Marleny debe comprar un puesto donde ofrecer la comida e insumos para la preparación de la misma, por lo que solicita un préstamo con el cual realizar estas compras, pues hoy no cuenta con el capital necesario para emprender este proyecto. Sueña con tener estabilidad económica, posicionar su negocio y llegar a tener una mejor calidad de vida.
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.