María Gladis has been a person recognized for being dedicated to her work and her home. She is 41 years old and has a daughter for whom she makes the effort every day to get her ahead and be able to give her everything she needs. María Gladis works in a family home, and for some time she has had dairy cows to generate extra income to cover her household expenses. Currently one of her cows is sick and this has brought some problems. Nevertheless, María Gladis's fighting spirit has made her carry on.
La señora Maria Gladis ha sido una persona reconocida por ser dedicada a su trabajo y a su hogar. A sus 41 años, tiene una hija por la que se esfuerza todos los días por sacar adelante, y poder brindarle todo lo que necesite. Maria Gladis trabaja en una casa de familia, y para generar ingresos extra para cubrir los gastos de su hogar, tiene unas vacas lecheras desde hace algún tiempo. Actualmente una de sus vacas se encuentra enferma y esto le ha traído algunos inconvenientes, sin embargo, el espíritu de lucha de Maria Gladis la ha hecho seguir adelante.
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.