Ángela is a woman who fights to ensure that her 13 year old daughter has a better quality of life. Since she is a single mother, she became a warrior capable of surviving the extreme and adverse conditions that life has presented her with. She is thankful for the opportunity God offers every day to share with her family.
Although her education level is not the best thanks to a lack of opportunities to access education, Ángela is a diligent woman who looks for ways to earn a living day by day. She sells products by catalog that generates income to provide her daughter with food and education.
Her dream is to have a store where she can sell beauty products, but she knows that it will be a medium-term project. Currently she is requesting a loan to invest in the purchase of beauty products by catalog in order to improve her sales and increase her income, which will improve her family's quality of life.
Ángela, es una mujer que lucha por garantizarle a su hija de trece años mejores condiciones de vida. Por su condición de madre soltera se convirtió en una guerrera capaz de soportar situaciones extremas y adversas que se le han presentado en la vida. Agradece la oportunidad que Dios le ofrece cada día para compartir con su familia.
Aunque su nivel educativo no es el mejor debido a la carencia de oportunidades para el acceso a la educación. Ángela es una mujer diligente que busca como ganarse la vida día a día, por lo cual vende productos por catálogo que le genera recursos para brindarle a su hija alimento y educación.
Su mayor sueño es crear una tienda en donde comercializar sus productos de belleza, pero tiene claro que será un proyecto a mediano plazo. En la actualidad se encuentra en búsqueda de un crédito que invertirá en la compra de Compra de productos de belleza por catálogo con el fin de mejorar sus ventas e incrementar sus ingresos que le permitan mejorar la calidad de vida de 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.