Albeiro is 48 years old. He is a man who has gone through innumerable experiences which have taught him to be stronger and to always set his sights on greater goals. Five years ago he had problems with alcoholism - a situation that left him almost broke and close to losing his family. Aware of his problem, he decided to seek professional help and rebuild his home. Thanks to the support of his family, Albeiro is a new man full of hopes and a drive to work hard to offer his wife and son a better quality of life.
For this reason, he set up a fruit and vegetable store in the Amagá municipality, where he works every day from 5:30 a.m. to 6:30 p.m. His greatest dream is to be able to buy stock for his business, so that he can meet the needs of his customers, and this is why he is requesting a loan to invest in the purchase of fruits and vegetables. This will enable him to increase his sales and generate more income for his household.
Albeiro de 48 años de edad, es un hombre al que la ha tocado atravesar por innumerables situaciones que le han enseñado a ser más fuerte y siempre fijar sus ojos en grandes metas. Hace 5 años tuvo problemas de alcoholismo, situación que lo dejó al borde de la quiebra y a punto de perder su familia, consiente de su estado decidió buscar ayuda profesional y reconstruir su hogar. Gracias al apoyo que le brindó su familia, Albeiro es un hombre nuevo lleno de ilusiones y ganas de laborar para ofrecerles a su esposa y a su hijo una mejor calidad de vida. Por esta razón decidió montar una legumbrería en el municipio de Amagá, la cual atiende diariamente de 5:30 de la mañana a 6:30 de la tarde.
Su mayor deseo es poder surtir su negocio para satisfacer las necesidades de sus clientes, por esta razón se encuentra solicitando un crédito que invertirá en la compra de frutas y hortalizas, que le permitirán incrementar sus ventas y generar mayores ingresos para el sostenimiento de su hogar.
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.