Carlos has dedicated a large part of his life to the sale of vegetables. Over 35 years ago he had a shop where he would sell vegetables, and he decided to sell it for circumstances beyond his control. After overcoming this difficulty, he restarted his business and currently sells vegetables to restaurants, schools that offer food services, and other entities that provide food for displaced people. Carlos has been able to attract very good clientele thanks to the good attention that he offers his clients, and thanks to this his family has been able to enjoy a very good quality of life.
Carlos is married and has 3 children that have always been his motivation to work hard at his business to get them ahead. With the aim to invest in his business, Carlos is looking for a loan that will allow him to complete the purchase of vegetables to stock his business and offer his clients a greater variety of products.
Carlos hopes that in this way his business will continue providing the income that he needs to support his family, and additionally to be able to improve the quality of life of his wife and 3 children. Carlos dreams of having a great business, where he can generate employment for the most needy people, and from which his family can have better economic opportunities.
Carlos se ha dedicado gran parte de su vida a la venta de legumbres. Hace más de 35 años tenía un local donde vendía legumbres y decidió venderlo por circunstancias ajenas a su voluntad. Luego de haber superado esta dificultad, retomó su negocio y actualmente comercializa las legumbres a restaurantes, colegios donde ofrecen el servicio de alimentación, y otras entidades que brindan comida para las personas desplazadas. Carlos ha podido captar muy buena clientela gracias a la buena atención que ofrece a sus clientes, y gracias a esto su familia puede gozar de muy buena calidad de vida. Carlos se encuentra casado y tiene 3 hijos que siempre han sido su motivación para trabajar fuertemente en su negocio para sacarlos adelante. Con el ánimo de surtir su negocio, Carlos busca un préstamo que le permita acceder a la compra de legumbres para surtir su negocio y ofrecer a sus clientes mayor variedad de productos.
Carlos espera que de esta manera su negocio le siga ofreciendo los ingresos que requiere para el sostenimiento de su familia, además, de poderles mejorar la calidad de vida a su esposa y sus 3 hijos. Carlos sueña con tener un gran negocio, donde pueda generar empleo para las personas más necesitadas y desde el cual su familia pueda tener mayores oportunidades económicas.
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.