Leidy has been working in her own business since she decided to start working for herself, having previously worked for a company for a long time. She is married and has one son who is 3 years old. Her son is her motivation to work hard in her business every day.
Leidy has a 'miscelánea' (a small store that carries a wide variety of goods) where she sells all kinds of products, from toys to household tools, personal products, etc. Thanks to her good customer service and the good quality of the products that she sells, Leidy has been able to attract a large number of customers which guarantees her very good sales. Owing to the fact that she experienced very good sales last month, she currently has significantly lower stock levels. With the aim of re-stocking her business, Leidy is looking to take out a loan which will enable her to buy more merchandise such as toys, household products, personal products, etc.
Leidy hopes that her business will continue enjoying good sales and that she will be able to continue making income with which to improve her family's quality of life. Leidy dreams of her son receiving a good education and enjoying financial stability which will allow him to make progress in life. She hopes to eventually own her own business premises so that she no longer has to pay rent. She would also like to increase her number of customers so that she can expand her business and create jobs for people who need them most.
Leidy se dedica a la atención de su propio negocio desde que decidió independizarse luego de trabajar durante mucho tiempo para una empresa. Leidy se encuentra casada y es madre de 1 hijo de 3 años, quien es la motivación para trabajar fuertemente en su negocio todos los días. Leidy tiene una miscelánea en la cual ofrece toda clase de productos, desde juguetería, utensilios para el hogar, productos de uso personal, entre otros. Gracias a la buena atención que ofrece, y a la buena calidad de los productos que vende, Leidy ha podido captar un gran número de clientes que le garantizan muy buenas ventas. Debido a que tuvo muy buenas ventas en el mes pasado, su negocio redujo su inventario considerablemente, y con el ánimo de surtir su negocio Leidy busca que un préstamo le brinde la posibilidad de acceder a la compra de mercancía como juguetería, productos de uso doméstico, productos de uso personal, entre otros.
Leidy espera que su negocio siga adelante con buenas ventas y pueda seguir generando ingresos para mejorar la calidad de vida de su familia. Leidy sueña con que su hijo pueda acceder a una buena educación y tenga una estabilidad económica que le permita progresar. Leidy espera poder tener su negocio en un local propio y no tener que pagar arriendo y poder aumentar sus clientes para expandir su negocio y generar empleo para las personas más necesitadas.
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.