Gloria, who is 45-years old, makes her living selling clothing from her home. Her goal is to make the money she needs to support her household. She says that the business world is her greatest passion and what she knows best. Gloria's family is her reason for being, as such she tries to spend as much time as possible at home enjoying every moment with her mother.
Gloria is requesting a loan to invest in the purchase of merchandise. She wants to be able to deliver the products that have been ordered for Mother's Day, which is celebrated in the month of May.
Gloria's greatest wish is to, in the near future, open up a clothing store.
Gloria de 45 años de edad, se dedica a la venta de ropa desde su casa con el fin de generar los ingresos necesarios para el sostenimiento de su hogar. Asegura que el mundo de los negocios es su gran pasión y lo que mejor sabe hacer. Su familia es la razón de su existencia, por lo cual trata de pasar la mayor parte del tiempo en casa y disfrutar de cada instante con su madre.
Hoy se encuentra solicitando un crédito que invertirá en la compra de mercancía con el propósito de hacer entrega de los encargos que le han solicitado para el día de las madres que se celebrará en el mes de mayo.
Su mayor deseo es en un futo próximo montar su tienda de ropa.
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.