Lucero is a person who is noted for being very hard-working and always wanting to provide her customers with a good service in her store. She has been widowed for some time and now lives with her mother and a sister. Lucero saw that she needed to make her own income and so she set up a general store where she sells basic household products. The store is very well known in her area thanks to the good service that she provides. Thanks to this, her sales have been good. Lucero has gradually increased the range of merchandise that she offers in her store. She would currently like to increase the range of goods that she offers even further as her customers are asking for certain products that she does not have. For this reason, she is looking for a loan which will enable her to buy basic household products so that she can increase her range of products.
Lucero hopes that her sales will continue to increase and that she will be able to offer her mother and her sister a better quality of life. She also dreams of being able to create jobs for people who need income but don't have any work opportunities.
Lucero es una persona que se ha caracterizado por ser muy trabajadora y siempre querer brindar a sus clientes un buen servicio en su tienda. Lucero quedó viuda hace un tiempo debido al fallecimiento de su esposo y por tanto ahora vive con su madre y una hermana. Lucero al ver que tenía que generar sus propios ingresos, montó una tienda general en donde ofrece todos los productos de la canasta familiar, y esta tienda es muy reconocida en su sector gracias al buen servicio que ofrece Lucero. Gracias a que sus ventas han sido buenas, Lucero poco a poco ha ido incrementando el surtido de mercancía que ofrece en su tienda. Actualmente, Lucero quiere aumentar el surtido de productos que ofrece en su tienda, pues sus clientes preguntan por algunos productos que ella no los tiene. Es por esto que busca que un préstamo le brinde la posibilidad de acceder a la compra de productos de la canasta familiar con los cuales pueda aumentar el surtido de productos que ofrece a sus clientes.
Lucero espera que su tienda siga aumentando las ventas y pueda ofrecerles a su madre y su hermana una mejor calidad de vida. Además, sueña con poder ofrecer empleo para personas que requieran de unos ingresos y no tengan oportunidades laborales.
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.