Rodrigo is 21 years old and can be characterised as a hard-working young man who, thanks to his own efforts, has been able to move forward in life.
He decided to start his own business as he saw an opportunity in the market for it. He didn't lose any time in becoming independent and, because of his work, this young man generates enough income to support his parents.
Rodrigo runs a general store, with quite a variety of products offered. His business is the only place in the area that sells gas, an advantage to him over his competitors.
Following the fact that his products and services have been well received, Rodrigo is now applying for a loan that will allow him to buy basic staple goods and gas to increase his stock levels and satisfy his customers' needs.
Rodrigo's big dream is to continue increasing his income so as to guarantee a better quality of life for his family.
Rodrigo, es un joven de 21 años de edad, que se ha caracterizado por ser un hombre trabajador que gracias a su esfuerzo ha podido salir adelante. Decidió montar su propio negocio debido a que vio en el sector la oportunidad de formar empresa, por lo cual no perdió la oportunidad de convertirse en independiente. Gracias a su trabajo, este joven genera los ingresos para el sostenimiento de sus padres.
Su tienda ha adoptado la forma de miscelánea debido a la variedad de productos que oferta. Su negocio es el único punto del sector en donde hay expendio de gas, lo que se convierte en una de su mayores ventajas frente a al competencia.
Gracias a la buena acogida de sus productos y servicios, Rodrigo se en encuentra solicitando un crédito que le permita acceder a la compra de productos de la canasta familiar y gas para aumentar su inventario y satisfacer las necesidades de sus clientes.
Su mayor sueño es seguir aumentando sus ingresos para garantizarle una mejor calidad de vida a su familia.
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.