Henry is a person who has characterized himself by being very hard-working and always wanting to offer his family a better quality of life. Henry is married and has two daughters, who are one and four. They are his motivation to work hard in his business. He has dedicated a large part of his life to agriculture. His father made a living this way and taught him it at a very early age. Thanks to this, he makes the income necessary to support his home, and he can offer a good quality of life to his family. With the good quality of his crops, Henry has managed to attract a number of customers, and he has guaranteed a good level of sales. With the motivation of taking good care of his crops, Henry is looking for a loan that will offer him the possibility of buying irrigation and fertilizer for his crops.
Henry hopes that in this way, he can have a good quality crop and offer a good price to his customers. He will also be able to offer a good quality of life to his family with better income. Henry dreams about having a big business that is well-known where he can generate jobs for people who need them most. He also dreams about offering a quality education to his two daughters.
Henry es una persona que se ha caracterizado por ser muy trabajador y siempre querer ofrecer a su familia una mejor calidad de vida. Henry se encuentra casado y tiene 2 hijas de 1 y 4 años de edad, quienes son su motivación para trabajar fuertemente en su negocio. Gran parte de su vida la ha dedicado a la actividad de la agricultura, pues su padre se dedicaba a esta actividad y se la enseñó desde muy temprana edad. Gracias a esto, genera los ingresos necesarios para el sostenimiento de su hogar y puede ofrecerle así una buena calidad de vida a su familia. Con la buena calidad que tienen sus cultivos, Henry ha logrado captar un gran número de clientes, lo que le ha garantizado un muy buen nivel de ventas. Con el ánimo de sacar su cultivo adelante, Henry busca que un préstamo le brinde la posibilidad de acceder a la compra de riegos y abono para su cultivo.
Henry espera que de esta manera pueda sacar su cultivo de buena calidad y lo pueda ofrecer a un buen precio a sus clientes, además, que con mayores ingresos podrá ofrecer una mejor calidad de vida a su familia. Henry sueña con tener un gran negocio el cual sea reconocido y desde el cual pueda generar empleo para las personas más necesitadas, además, sueña con ofrecerles una educación de calidad a sus 2 hijas.
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.