Leidy is a hard-working youth of 21 years who is married and has two children, a 5 year old and a 10 month old. To generate income for those she financially supports in her household, she has a food stand where she works hard in order to overcome the difficulty of her lack of capital. During the years she has had this business, little by little she has been able to continue improving the quality of life for her household, and this is her motive for contining to work hard. Leidy wants to provide her customers with the best attention and it is for this reason that she is requesting a loan to purchase chairs and tables in order to be able to offer her customers a place where they can sit to eat her products, allowing her to improve her sales.
Her dream is to continue onward with this business and in the future, be able to purchase her own home to offer her husband and 2 children a better quality of life.
Leidy es una joven trabajadora de 21 años de edad que se encuentra casada y tiene 2 hijos de 5 años y 10 meses de nacido. Para generar ingresos con los que apoya económicamente en su hogar, tiene un puesto de venta de comidas el cual trabaja fuertemente para superar la dificultad de capital que tiene. Desde hace unos años tiene este negocio y poco a poco ha podido ir mejorando la calidad de vida que tienen en su hogar, y esto la motiva a seguir trabajando fuertemente. Leidy quiere ofrecer una mejor atención a sus clientes, y es por esto que busca un préstamo para comprar sillas y mesas y así poder ofrecerles a sus clientes un lugar donde se puedan sentar a comer sus productos, permitiendo así que mejoren sus ventas.
Su sueño es seguir adelante con este negocio y en un futuro llegar a comprarse su casa propia para ofrecerle a su esposo y sus 2 hijos una mejor calidad de vida.
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.