Fanny, at 28 years old, is a great visionary with thousands of dreams she wants to make come true. Thanks to the opportunity given to her by her uncle, which meant she could sow potatoes on a plot on her uncle's property, this woman has become a micro-businesswoman. Fanny feels that this business is a great opportunity to learn from the fields and improve her economic situation.
Her biggest dream has always been to study medicine, but since her family could never afford to send her to university, she has worked in different professions in order to save money to put towards her career. Today she is convinced that with her own business her dream will start to become true, which is why she is asking for this loan. She will invest it in buying fertilizer with the aim of reaping a good harvest, which will allow her to increase her income and realise her dream of becoming a professional.
Fanny a sus 28 años de edad, es una gran visionaria con millares de sueños que desea hacer realidad. Gracias a la oportunidad que le brindó su tío para que sembrara papa en un lote de su propiedad, esta mujer se ha convertido en una microempresaria.
Fanny siente que este negocio es una gran oportunidad para aprender del campo y mejorar su condición económica.
Su mayor sueño siempre ha sido estudiar medicina, pero cuenta que su familia nunca tuvo los recursos económicos para que ingresara a la universidad, por lo cual laboró en diferentes oficios a fin de ahorrar y pagarse su carrera. Hoy está convencida que con su propio negocio su sueño comenzará a materializarse, por lo cual se encuentra solicitando un crédito que invertirá en la compra de abonos con el fin de sacar una buena cosecha, lo que le permitirá obtener mejores ingresos y cumplir su gran deseo al convertirse en una profesional.
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.