Blanca is a sixty-two-year-old married woman who has four children. She is distinguished by her dedication to her family. Several years ago she decided to start selling desserts and catalog products with the goal of helping her husband with the household expenses. She has done this with a great deal of passion, since her culinary skills are among her greatest talents.
She desires to continue learning, focusing on the production of dairy products. She is seeking a loan so that she can invest in her education in this area.
Blanca dreams of having her own business and being able to put her brand of products on the domestic market.
Blanca de 62 años de edad, se encuentra casada y es madre de cuatro hijos. Se caracteriza por ser una mujer dedicada a su hogar. Desde hace varios años decidió iniciar con la venta de postres y productos por catálogo. Con el fin de ayudarle a su esposo con los gastos del hogar. Actividad que hace con gran pasión, debido a que la culinaria es una de sus mayores habilidades.
Hoy desea seguir aprendiendo, enfocándose en la producción de derivados lácteos, motivo por el cual se encuentra solicitando un crédito que invertirá en capacitarse.
Sueña con tener su propio negocio y posicionar su marca dentro del mercado local.
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.