Gertrudis has dedicated a large part of her life to raising livestock, but for the past few months she has set aside this activity due to the strong winter that has damaged the corrals where she kept her calves. This is why she had to sell them. Nevertheless, since she needed income to maintain her home, she started raising chickens, which requires less space. With this activity, little by little she has met the needs of her household. Now that she has the opportunity to resume raising livestock, and due to the fact that she doesn't have enough capital, Gertrudis is seeking a loan to buy three calves to raise and restart her ranching activities.
Her dream is to be able to generate an income to sustain her home and improve her family's quality of life.
Gertrudis gran parte de su vida se ha dedicado a la actividad de la ganadería, pero desde hace unos meses viene dejando esta actividad a un lado debido a que el fuerte invierno le ha dañado los corrales donde tenía los terneros que criaba y por esto tuvo que venderlos. Sin embargo, como necesita poder generar ingresos para sostener su hogar montó una crianza de pollos que requiere de un espacio más pequeño y con esto poco a poco ha venido satisfaciendo las necesidades de su hogar. Ahora que tiene la oportunidad de retomar su actividad con el ganado, y debido a que no cuenta con el capital suficiente, Gertrudis busca un préstamo para comprar 3 terneros de crianza y reiniciar con su actividad de la ganadería.
Su sueño es poder tener un buen negocio con el cual pueda generar ingresos para sostener su hogar y mejorar la calidad de vida de su familia.
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.