Jovanny, 38, is the mother of four minor children for whom she strives untiringly to guarantee a good quality of life and an education. Because of her difficult economic situation, however, this woman devoted herself to selling food as a street vendor. She managed to acquire some capital and buy a fast-food cart, open from 4 p.m. to 10 p.m. daily, where she sells "empanadas" [turnovers].
Her chores as a housewife and mother are exhaustive, so her job has been a big blessing because it doesn't demand all of her time. One of her biggest challenges has been to struggle against the weather changes that affect her town this time of year, which has caused the deterioration of the tent that protects her from the rain.
She hopes her sales increase, to improve her living conditions.
Jovanny de 38 años, es madre de 4 hijos menores de edad, por los cuales lucha incansablemente a fin de garantizarles una buena calidad de vida y educación. Por su difícil situación económica esta mujer se dedicó a la venta ambulante de alimentos, con lo que logró adquirir un capital y comprar un carro de comidas rápidas en donde vende empanadas, el cual abre diariamente de 4 pm a 10 pm.
Sus labores como ama de casa y madre son exhaustivas, por lo cual su trabajo ha sido una gran bendición porque no le demanda la totalidad de su tiempo.
Uno de sus mayores retos ha sido luchar contra los cambios climáticos que afectan por este tiempo su localidad, lo que ha causado que la carpa que la protege de la lluvia se deteriore, motivada por esta causa, Jovanny se encuentra solicitando un crédito para la compra de una nueva carpa y termos para la venta de tintos. Espera que sus ventas aumenten para mejorar sus condiciones 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.