Dora is a 27-year-old woman who has learned from life that, with hard work and discipline, it is possible to get ahead and make progress. "We often stumble across obstacles in life but we gain strength from each of the setbacks we encounter and become wiser. We then work hard so that we don't repeat our mistakes". This is how Dora expresses her understanding of life and explains how the difficulties she has encountered have turned her into a real fighter who works hard to support and educate her 5-year-old daughter.
This lady worked hard to complete a beauty course and then worked in a number of hairdressing salons in her town. Three years ago, she started working independently so that she could spend more time with her family. With the aim of making progress in her business, Dora is requesting a loan which she will invest in buying a display case and some beauty products so that she can improve the quality of service she provides and increase her number of customers. She hopes to be able to guarantee her daughter a good education.
Dora es una mujer de 27 años de edad, a la que la vida le ha enseñado que con esfuerzo y disciplina es posible salir adelante. “En los obstáculos muchas veces tropezamos, pero gracias a los tropiezos nos levantamos con más fuerza y sabiduría para luchar y no cometer el mismo error” Con esta frase Dora expresa su concepción de la vida y como las dificultades la han convertido en una guerrera que lucha por el bienestar y la educación de su hija de cinco años de edad.
Gracias a su esfuerzo esta mujer estudió belleza por lo cual ha desempeñado el oficio en diferentes peluquerías de su localidad. Desde hace tres años labora como independiente a fin de compartir más tiempo con su familia. Con el propósito se sacar adelante su negocio, Dora se encuentra solicitando un crédito que invertirá en la compra de una vitrina y productos de belleza a fin de mejorar la calidad en el servicio y aumentar su número de clientes. Espera poder garantizarle a su hija una buena educación.
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.