Raúl is 45 years old and he has a disability. He was in a motorcycle accident and lost the ability to move his right hand. Due to this situation, he could not continue working at the business where he worked as a machine operator. He needed to find new horizons and look for a source of work to provide for his family.
With his severance pay, and the support of his wife, Raúl started his own business in which he sells products that people need every day.
He is currently requesting a loan to buy stock, because he wants to start selling new product lines that his clients are requesting.
He hopes that with this investment he will be able to guarantee his wife and two children better living conditions.
Raúl de 45 años de edad, es una persona en situación de discapacidad, debido a que sufrió un accidente en una motocicleta y perdió la movilidad de su mano derecha. A raíz de esta situación se vio impedido a seguir laborando en la empresa en donde se desempeñaba como operario de maquinaria, por lo cual se vio en la necesidad de mirar nuevos horizontes y a buscar una fuente de empleo para sostener a su familia.
Con su liquidación y el apoyo de su esposa, Raúl su propio negocio en el cual labora comercializando productos de la canasta familiar.
En la actualidad se encuentra solicitando un crédito para la compra de surtido debido a que desea implementar nuevas líneas de productos que le demandan sus clientes.
Espera que con esta inversión mejore las ventas y pueda garantizarle a su esposa y a sus dos hijos mejores 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.