Alonso is 28 years old and is known for being a man clear about his goals, who does not let himself be troubled by mediocrity and jealousy.He says that his work has provided him the opportunity to learn about the world of business and to acquire experience.
Currently he has a deli that sells drinks, liquor and snacks. With the aim of carrying out site improvements to his business and bettering its appearance, Alonso is requesting a loan, as he doesn't have the resources to undertake this investment.
His greatest dream is to stay in business and grow within this market niche, improving his quality of life and making sure his two children, ages 7 and 2, receive a good education.
Alonso de 28 años de edad, se caracteriza por se un hombre que tiene claro su metas y que no se deja afectar por la mediocridad y la envidia. Asegura que su trabajo le ha brindado la oportunidad de aprender del mundo de los negocios y adquirir experiencia. En la actualidad cuenta con una salsamentaria dedicada a la venta de bebidas, licor y mecatos.
Con el fin de realizar adecuaciones locativas a su negocio y mejorar su presentación, Alonso se encuentra solicitando un crédito ya que no cuenta con los recursos para realizar dicha inversión.
Su mayor sueño es permanecer y crecer dentro de este nicho de mercado, mejorando la calidad de vida y garantizándoles a sus dos hijos de 7 y 2 años de edad una buena educación.
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.