"To have a business, you have have to be able to dream. I started my business with a lot of worry and today, thanks to God, I have gained a wonderful experience. I have had the support of my family and the warm reception of the community for the services I provide." With these words, Irene, 42, tells us about her experience once she decided to become a businesswoman. Her greatest satisfaction is serving others and knowing that she lightens the load for many homemakers in her area who rent her machines. Irene is a women who has a solid project and is full of dreams. She is currently seeking a loan to buy three washing machines, with the goal of expanding and improving the capacity of the service. Her family is her reason for being and the driving force that pushes her to work hard every day. She hopes that her business grants her the economic conditions to buy the house she dreams of having.
“Para tener un negocio se necesita ser capaz de soñar. Yo inicié mi negocio con mucho temor y hoy, gracias a Dios he logrado tener una linda experiencia. He podido contar con el apoyo de mi familia y con la buena acogida por parte de la comunidad por el servicio que presto” Con estas palabras, Irene de 42 años de edad cuenta como ha sido su experiencia cuando decidió convertirse en una empresaria. Su mayor satisfacción es poder servir a otras personas Y saber que alivia la carga de muchas amas de casa de su localidad al alquilar sus lavadoras.
Irene es una mujer llena de sueños y con un proyecto sólido, En la actualidad se encuentra en búsqueda de un crédito con el que comprará tres lavadoras con el fin de ampliar y mejorar su capacidad en el servicio.
Su familia es su razón de ser y el motor que la impulsa a trabajar arduamente cada día, espera que su negocio le proporcione las condiciones económicas para comprar la casa que sueña tener.
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.