42-year-old Clara Rosa is a role model not only to her family members but also to everyone who knows her, because of her strength and perseverance in pursuing her dreams.
Her family is extremely proud, because this woman teaches them new life lessons on a daily basis. Although her financial situation has been one of the family's biggest concerns, to her it hasn't stood in the way of her reaching for what she wants. She worked in various types of services for a long time, and that's how she saved enough money to become a microentrepreneur. She set up her cobbler's shop where she designs and makes shoes. She's currently finishing her studies with the goal of expanding her knowledge.
Her biggest dream is to be able to become financially stable with this new business. She also wishes to forget about her money problems and provide her customers with a variety of products, which is why she's requesting a loan in order to purchase a flat sewing machine and supplies. This will allow her to increase her sales and improve her living conditions.
Clara Rosa de 42 años de edad, es un ejemplo de vida no solo para su familia, si no para todas las personas que la conocen, por su pujanza y perseverancia para alcanzar sus sueños.
Su familia se siente sumamente orgullosa por que esta mujer cada día les enseña nuevas lecciones de vida. Aunque su condición económica ha sido uno de los grandes traumas familiares, para ella esto no ha sido un obstáculo para caminar en búsqueda de lo que quiere. Labora en servicios varios por horas, con lo cual ahorró para convertirse en una microempresaria. Montó su taller de calzado en donde diseña y borda sus zapatos y se encuentra terminando su bachillerato con el fin de mejorar sus conocimientos.
Su mayor sueño es poder tener una estabilidad económica con su nuevo negocio, olvidar sus problemas de dinero y ofrecerles a sus clientes variedad en sus productos, por esta razón se encuentra solicitando un crédito para la compra de una máquina plana e insumos que le permitirán aumentar sus ventas y mejorar la 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.