Amparo is 58 years old, and is a woman that is looking to earn a living. She has worked in various forms of informal employment, on account of a lack of education. Her challenge has been to get her children ahead, in spite of the adversities she has had to face. She worked raising pigs, but the activity didn't generate enough income to live, and so she has decided to turn her house into a gaming hall at the suggestion of her neighbors. Currently, she works with the help of one of three children, while she does the household chores.
Amparo is satisfied with the activity that she is doing, since her income has improved, so now she is asking for a loan to invest in the purchase of three televisions and three Playstations, with the goal of increasing her capacity and seeing to more clients.
She dreams of increasing the quality of life of her family and reaching the equilibrium point in her business.
Amparo de 58 años de edad, es una mujer que busca como ganarse la vida. Ha trabajado en varios empleos informales, debido a su carencia educativa, su mayor reto ha sido sacar sus hijos adelante, a pesar de las adversidades que ha tenido que enfrentar. Se dedicó a la cría de cerdos, pero la actividad no le generó los ingresos necesarios para subsistir, por lo cual optó con colocar en su vivienda una sala de videojuegos por sugerencia de sus vecinos.
En la actualidad labora con la ayuda de uno de sus hijos, mientras ella se ocupa de los quehaceres del hogar.
Amparo se encuentra satisfecha con la actividad que realiza debido a que sus ingresos han mejorado, por lo cual se encuentra solicitando un crédito que invertirá en la compra de tres televisores y tres play station con el fin de ampliar su cobertura y atender a un mayor número de clientes.
Sueña con mejorar la calidad de vida de su familia y alcanzar el punto de equilibrio en su negocio.
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.