Ana is 26 years old. She is the mother and head of the family for two children ages six and ten. After being abandoned by her husband, she took over the obligations of managing the household in order to get her family ahead. With few opportunities for employment due to her lack of education, she opted to work as a merchandiser, which allows her to spend time with her family while also earning sufficient income to feed and educate her children.
Currently Ana has many customers who are constantly requesting clothing and footwear. She has not been able to fill all these orders due to the fact that she does not have sufficient funds to make the necessary purchases from her providers. For this reason she is requesting a loan with the goal of meeting customer demand and increasing her sales. Her greatest hope--beyond even securing financial stability--is being able to provide a better condition of living for her children.
Ana de 26 años de edad, es madre cabeza de familia de 2 hijos de seis y diez años. Tras sufrir el abandono de su esposo, esta mujer tomó las obligaciones del hogar con el propósito de sacar su familia adelante.
Con pocas oportunidades para emplearse debido a su bajo nivel educativo, optó por dedicarse a la venta de mercancía, actividad que le permite compartir con su familia y generar los ingresos suficientes para la alimentación y la educación de sus hijos.
En la actualidad, Ana tiene mucha clientela, la cual le solicita constantemente ropa y calzado, pedidos que no ha logrado satisfacer, debido a que no cuenta con los recursos suficientes para realizar las compras a sus proveedores. Razón por la cual se encuentra solicitando un crédito con el fin de satisfacer la demanda de sus clientes y aumentar sus ingresos.
Su mayor deseo, más allá de alcanzar una estabilidad económica, es poder brindarles a sus hijos mejores concisiones 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.