Ana Marleny opened her general store at home 15 years ago aiming at helping her home economically because the income generated by her husband was insufficient to support their four children. Despite the great economic difficulties she’s had, her efforts have made it possible for her to move forward and to continue to strive to move her family forward and provide her home with better quality of life. Thanks to improved sales in recent months, Ana Marleny is looking for financing to buy basic staples to increase the variety of products available for her customers. Ana Marleny dreams with having a minimart to generate employment and increase her income to offer her four children a better education.
Desde hace 15 años Ana Marleny montó su tienda general desde su propia casa con el ánimo de ayudar en su hogar económicamente, pues los ingresos que genera su esposo no son suficientes para el sostenimiento de sus 4 hijos. A pesar de las grandes dificultades económicas que ha tenido, su esfuerzo le permite salir adelante y continuar luchando para sacar su familia adelante y ofrecer en su hogar una mejor calidad de vida. Gracias a que en los últimos meses ha venido teniendo mejores ventas, Ana Marleny busca un préstamo que le permita comprar productos de la canasta familiar para aumentar la variedad de productos que ofrece a sus clientes.
Ana Marleny sueña con tener un minimercado donde pueda generar empleo y desde el cual sus ingresos aumenten para ofrecerles a sus 4 hijos una mejor educación.
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.