Claudia Inés is 30 years old. She is a humble woman of limited financial resources due to her difficulties finding work with her educational condition. She decided to start her own business and generate income to support her family. She sells fast food in the area where she lives. She works from 5:00am until 6:00pm.
Her biggest worry is the poverty in which she lives, which makes her want to work hard and provide better living conditions for her family. She is requesting this loan to purchase a warming display and stock so that she can increase her sales and improve her profits.
Claudia Inés de 30 años de edad, es una mujer humilde y de escasos recursos económicos, debido a la dificultad para emplearse por su condición educativa, optó por montar su propio negocio y generar ingresos para el sostenimiento de su familia. Se dedica a la venta de comidas rápidas en el sector donde reside. Diariamente comienza su faena de cinco de la mañana a seis de la tarde.
Su mayor preocupación es la pobreza en la que vive, razón por la cual desea trabajar fuertemente y brindarle a su familia mejores condiciones de vida.
Hoy se encuentra solicitando un crédito que invertirá en la compra de una vitrina calentadora y surtido, con el propósito de aumentar su ventas y mejorar sus ingresos.
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.