Ana Olivia, 59, is certain that she must have work if she wants to make progress. After separating from her husband she had to assume responsibility for the household expenses, so she decided to set up her own business. This allowed her to take care of her children and generate income to support her household.
Thanks to her husband she learned the bakery trade, an apprenticeship that she makes the most of to get her family ahead. She doesn't have a point of sales because she has her business in her house, but after making her products, this woman goes to the center of town to sell them in stores and supermarkets. This way she has been able to cover her expenses and give her children an education.
She's requesting a loan today to buy ingredients wholesale to fill the orders requested, reduce her production costs, and increase her profitability.
Ana Oliva de 59 años de edad, tiene claro que para progresar, el trabajo no puede faltar. Después de separarse de su esposo le tocó asumir los gastos de su hogar, por lo cual decidió montar su propio negocio, lo que le permitió cuidar de sus dos hijos y generar ingresos para el sostenimiento de su hogar.
Gracias a su cónyuge aprendió el oficio de panadería, aprendizaje que aprovechó salir adelante con su familia. Aunque no tiene un punto de venta directa ya que su negocio lo tiene en su casa, esta mujer después de elaborar sus productos se dirige al centro de la ciudad para comercializarlos en las tiendas y supermercados. De esta manera ha podido solventar sus gastos y ofrecerles a sus hijos educación.
Hoy se encuentra solicitando un crédito para la compra de insumos al por mayor para cumplir con los pedidos solicitados, reducir costos de producción y aumentar su rentabilidad.
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.