Liliana is 27 years old and is known in her district for her perseverance and her desire to move ahead in life. She currently lives with her husband and six year old boy, who are her main reasons for going out and looking for a better future.
Liliana tells us that her husband has been working in a vegetable shop for more than seven years and so she too has learnt sales techniques. With the objective of improving her income, Liliana decided to open her own shop in her home, which allows her to look after her son and do the household chores at the the same time.
Today Liliana is applying for a loan to buy stock so that she can provide customers with a wider variety of products. At the same time she hopes to improve her family's quality of life.
Liliana de 27 años de edad, la conocen en su barrio por su perseverancia y ganas de salir adelante. Actualmente vive con su esposo y su hijo de seis años. Los cuales son su motor principal para ir en búsqueda de un mejor futuro.
Cuenta que su esposo labora desde hace más de siete años en una legumbrería, por lo cual aprendió junto a el lo relacionado con las ventas.
En búsqueda de mejores ingresos económicos, Liliana decidió montar una tienda en la sala de se casa, lo que le permite estar pendiente de su hijo y realizar las labores domésticas.
Hoy se encuentra solicitando un crédito para la compra de surtido con el propósito de brindarles a sus clientes una mayor variedad de productos. Al mismo tiempo espera mejorar la calidad de vida de su familia.
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.