Without a lot of capital to start a business that generates good income to pay for her home's expenses, Sandra has looked for a way to start her own manicure business. She has made income with this, which contributes to paying for her home's expenses. She lives with her husband and two children. Since her husband's wages are very low, they didn't cover all of their expenss. Sandra decided to start her own business, and with a lot of effort, she positioned it so her customers come to her for the good service that she offers. Thanks to the fact that her business has recently grown, Sandra has started to require a larger quantity of tools and that they be of a better quality. This is why she is looking for a loan that will offer her the possibility of buying products like nail polish, nail files, and other supplies that her manicure business needs.
Sandra hopes that in this way, her business will keep growing and she can continue offering her customers good attention and service. Sandra also hopes to help her children get ahead and offer them a good education and better economic opportunities in their lives.
Sin un gran capital para montar un negocio que le genere buenos ingresos para sostener los gastos de su hogar, Sandra se ha rebuscado la manera de iniciar su propio negocio de arreglo de uñas con el cual ha generado ingresos con los cuales contribuye para el sostenimiento de los gastos de su hogar, donde convive con su esposo y sus 2 hijos. Debido a que el salario de su esposo es muy bajo y no alcanza para cubrir todos los gastos que se generan, Sandra decidió montar su negocio y con mucho esfuerzo ha logrado posicionarlo en sus clientes principalmente por la buena atención que ofrece. Gracias a que últimamente su negocio ha venido creciendo en buenas proporciones, Sandra ha empezado a requerir una mayor cantidad de utensilios y que estos sean de mejor calidad, es por esto que busca que un préstamo le brinde la posibilidad de acceder a la compra de productos como esmaltes, limas y demás insumos que requiere para su negocio de arreglo de uñas.
Sandra espera que de esta manera su negocio siga creciendo y pueda seguir ofreciendo a sus clientes una buena atención y un buen servicio. Además, Sandra sueña con sacar sus hijos adelante y poderles brindar una buena educación y mayores oportunidades económicas en su vida.
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.