By acquiring these products, Omar will increase his profit margin because of the low price that he is paying. He also hopes that continued growth and more income will result in his children having a better quality of life.
De esta manera, Omar podrá acceder a estos productos y aumentar su margen de ganancia gracias al bajo costo que se los están vendiendo. Además, Omar espera que sus hijos puedan tener una mejor calidad de vida con mayores ingresos y por esto espera seguir creciendo.
Important InformationThis 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.
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