Ana has had to go through a lot od adversity in life. Nonetheless, she has kept her entrepreneurial spirit that has allowed her to overcome these difficulties. She is a single mother of her three children because her husband died some time ago. Ana has a general store where she offers basic family basket products to her customers and that is how she generates income to support her home. She opened the store 4 years ago when she lost her job after leaving a seamstress business. With the settlement they paid her she started the business. To improve sales, Ana is seeking a loan to buy basic family basket products and thus increase the variety of products she offers her customers so she can improve her sales.
Her dream is to have a bigger business so she can make more income and improve the quality of life of her 3 children.
Ana ha tenido que atravesar por muchas adversidades en su vida, sin embargo siempre ha conservado un espíritu muy emprendedor que le permite salir adelante en estas dificultades. Madre soltera cabeza de hogar de sus 3 hijos, ya que su esposo murió hace un tiempo, Ana tiene una tienda general donde ofrece productos de la canasta familiar a sus clientes y es con esta que genera los ingresos para poder sostener su hogar. La tienda la inició hace unos 4 años cuando se quedó desempleada luego de salir de una empresa de confección, y con la liquidación que le pagaron montó este negocio. Para mejorar las ventas, Ana busca un préstamo para comprar productos de la canasta familiar y así aumentar la variedad de productos que ofrece a sus clientes de modo que pueda mejorar sus ventas.
Su sueño es tener un negocio más grande con el que pueda generar mejores ingresos y así poder mejorar la calidad de vida de sus 3 hijos.
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.