Dory, 42, lives with her mother and is responsible for the household duties. She has a snack bar where she works all week, selling food, soft drinks, and snacks. Thanks to this store, she generates a livelihood for her family.
Dory would like to buy inventory such as staple goods to prepare food and drinks, with which she will be able to increase her sales and thus improve her family's quality of life.
She dreams of expanding her business and making it into the best one in the area.
La señora Dory a sus 42 años, vive con su madre y es la responsable de las obligaciones del hogar. Tiene una cafetería en la cual trabaja toda la semana, donde vende especialmente comida, gaseosa y mecatos. Gracias a esta tienda generan el sustento para la familia. La señora Dory desea comprar surtido como productos de la canasta familiar para la preparación de comidas y bebidas, con esto podrá aumentar su nivel de ventas y así mejorar la calidad de vida de su familia.
Sueña con ampliar su negocio y convertirlo en el mejor del sector.
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.