Heliany is a young entrepreneur who is 19 years old. She sees herself becoming a great businesswoman. Right now, she works in the call center of an educational institution, an activity she has alternated with selling clothes to relatives, friends and co-workers for about a year. She says that that it is a profitable business and that is why she wants to continue developing her activity and to do that she is asking for a loan that she will invest in buying some merchandise in order to deliver the orders she has.
She dreams of having a great clothing store and to offer her mother and her siblings a better quality of life.
Heliany, es una joven emprendedora que a sus 19 años de edad, se visiona como una gran empresaria. Actualmente labora en call-center de una institución educativa, actividad que alterna con la venta de ropa a familiares, amigos y compañeros, desde hace aproximadamente un año. Asegura que es un negocio rentable por lo cual desea continuar con el desarrollo de la actividad y para ello se encuentra solicitando un crédito que invertirá en la compra de surtido con el fin de entregar los encargos solicitados.
Sueña con tener una gran tienda de ropa y brindarles a su madre y hermanos una mejor calidad de vida.
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.