Ilda, 50 years old, is the single mother of two children. She has worked in different areas in order to provide them with food and housing. Through sacrifices and a lot of discipline she has opened a little store in her home where she sells household items.
With the idea of improving sales and generating better profits, she is asking for a loan in order to buy supplies such as rice, brown sugar, packages of snacks, soft drinks, sweets and personal hygiene products which will permit her to better serve her clients. She hopes that this investment will allow her to give her children a better quality of life.
She dreams of having a mini market in the near future in order to provide excellent advantages to her children.
Ilda a sus 50 años de edad es madre soltera de dos hijos. Por lo cual ha tenido que laborar en diferentes actividades a fin de brindarles alimentación y vivienda. Con sacrificio y mucha disciplina logró montar una pequeña tienda en al sala de su casa dedicada a la comercialización de productos de la canasta familiar.
Con el propósito de mejorar sus ventar y generar mayor rentabilidad, se encuentra solicitando un crédito para la compra de surtido como arroz, panela, mecatos, gaseosas, dulces y productos para el aseo personal, que le permitirán prestar un mejor servicio a sus clientes. Espera que esta inversión le permita brindarles a sus hijos una mejor calidad de vida.
Sueña en un futuro próximo con tener un mini mercado y brindarles un excelente bienestar a sus hijos.
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.