Nestor is a hardworking person who has always been known for wanting to give his family a better quality of life and economic progress. To do this, he has been working very hard on his business for 8 years. He is a photographer who offers his customers services for first communions, weddings, special events, among others. Thanks to the good quality of his work he has been gaining customers over time, and this has allowed him to have a better quality of life in his household and given him better opportunities for progress. The reason he keeps exerting himself is to get ahead and to overcome the adversities that present themselves. In an effort to diversify his services, Nestor is seeking a loan to buy a better quality camera and to buy some curtains to use in outfitting his photography studio.
In this way, he will be able to offer better service to his customers and continue to increase his customer base considerably, so that his household will enjoy a better quality of life and better opportunities to get ahead. His main dream is to have a large photographic studio and continue growing his business, increasingly offering better services.
Nestor es una persona muy trabajadora que siempre se ha caracterizado por querer dar en su familia una mejor calidad de vida y progresar económicamente, para esto trabaja fuertemente en su negocio desde hace 8 años el cual es la fotografía y donde ofrece a sus clientes los servicios de primeras comuniones, matrimonios, eventos especiales, entre otros más. Gracias a la buena calidad de sus trabajos cada vez ha venido captando más clientes y esto ha permitido que en su hogar tengan una mejor calidad de vida y mayores oportunidades económicas para progresar, por esto se sigue esforzando para seguir saliendo adelante y seguir superando las adversidades que se le presentan. Con el ánimo de diversificar sus servicios, Nestor busca un préstamo para comprar una cámara de mayor calidad y comprar unos telones con los cuales pueda adecuar su estudio fotográfico.
De esta manera ofrecerá un mejor servicio para sus clientes y estos cada vez irán aumentando considerablemente, de modo que en su hogar gozarán de mejor calidad de vida y mayores oportunidades económicas para salir adelante. Su mayor sueño es tener un gran estudio fotográfico y seguir creciendo con el negocio ofreciendo cada vez mejores servicios.
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.