Flavio is a very hardworking person who has been working from a very early age alongside his father who taught him how to farm when he was quite young. Currently, Flavio works independently and has his own vegetable crops which he’s managed to get going with much effort and to produce good quality products.
Thanks to his father’s teachings about farming, Flavio has very good work habits which has led to his winning over many customers for his business which in turn has led to his continued growth. Because his crops started with very little capital, Flavio is looking for financing to buy manure, sprinklers, insecticide and fungicide to continue producing his own crops.
In this way Flavio will be able to continue generating income needed to support the family and to continue making progress in life. In addition, Flavio will be able to reach his great dream little by little of having a great business and generating employment for those who are most needy.
Flavio es una persona muy trabajadora que desde muy corta edad se encuentra trabajando al lado de su padre quien le enseñó la actividad de la agricultura a muy corta edad. Actualmente, Flavio trabaja independiente y tiene su propio cultivo de verduras el cual con mucho esfuerzo ha levantado y ha logrado sacar de este, productos de muy buena calidad. Gracias a la enseñanza de su padre acerca de la agricultura, Flavio realiza con muy buenas prácticas su trabajo, lo que le ha permitido captar un gran número de clientes para su negocio, que le ha permitido crecer cada vez más. Debido a que su cultivo fue montado con muy bajo capital, Flavio busca que un préstamo le brinde la oportunidad de acceder a la compra de abonos, riegos, insecticidas y fungicidas para seguir sacando adelante su propio cultivo.
Flavio de esta manera podrá seguir generando los ingresos necesarios para el sostenimiento familiar y así podrá seguir progresando en su vida. Además, Flavio podrá ir cumpliendo poco a poco su sueño de tener un gran 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.