Blanca is 58 years old. She is married and the mother of two children. Her life has been marked by difficult financial situations, because her husband is ailing and she has to pay for the household expenses. Blanca has been described as a woman who is a fighter who throughout her difficulties has always found a way to get ahead. Since she takes care of her husband, this woman decided to sell eggs and chickens. This allows her to generate income, care for her husband's health, and do the household work.
Her biggest wish is to improve her income and guarantee her family a dignified life. She wants to be able to become a great businesswoman and distribute her products to different businesses in her community. That requires increasing her production capital and that is why she is asking for a loan to invest in buying chickens and egg laying hens.
She hopes that her husband recovers and that together they will fight to reach their biggest dream: becoming micro-business people.
Blanca de 58 años, es casada y madre de dos hijos. Su vida se ha visto marcada por la difícil situación económica, debido a que su esposo se encuentra en delicado estado de salud y ella debe solventar todos los gastos del hogar. Blanca se ha caracterizado por ser una mujer luchadora, por lo cual en medio de la dificultad siempre ha encontrado alternativas para salir adelante. Debido a que cuida de su esposo, esta mujer decidió dedicarse a la venta de huevos y engorde de pollos, lo que le permite generar ingresos, velar por la salud de su cónyuge y realizar los quehaceres del hogar.
Su mayor anhelo es mejorar sus ingresos y garantizarle a su familia condiciones de vida digna. Desea poder convertirse en una microempresaria y distribuir su producto en los diferentes negocios de su localidad, por lo cual requiere incrementar su capacidad de producción y para ello se encuentra solicitando un crédito que invertirá en la compra de pollos y gallinas ponedoras.
Espera que su esposo recupere su salud y en conjunto puedan luchar por alcanzar su gran sueño: ser microempresarios.
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.