Ángela is a woman who, despite difficult circumstances, has been able to recover and move herself ahead. Some years ago, her husband died, so she needed to assume the responsibilities of the home and look after the well-being of their 3-year-old daughter. With sacrifice and discipline, this woman set herself up as a flatbreads wholesale supplier in the local market. She has made this activity into a source of income.
Today, she feels satisfied with her work and thanks God for the opportunity that He gave her to make herself into a micro-businesswoman. With the goal of continuing to grow and expand her niche in the market, she is requesting a loan. She will invest in the purchase of supplies since her sales are already growing.
Her greatest wish is to continue moving forward and to guarantee that her daughter has a suitable upbringing.
Ángela es una mujer que a pesar de las circunstancias adversas ha logrado reponerse y salir adelante, hace algunos años falleció su esposo, por lo cual debió asumir las responsabilidades del hogar y velar por el bienestar de su hija de tres años de edad. Con sacrificio y disciplina, esta mujer montó una distribuidora de arepas en la plaza de mercado de su localidad. Actividad que se ha convertido en su fuente de ingresos.
Hoy se siente satisfecha con su labor y agradece a Dios por la oportunidad que le dio de convertirse en microempresaria. Con el fin de seguir creciendo y expandir su nicho de mercado, se encuentra solicitando un crédito que invertirá en la compra de surtido ya que las ventas están en crecimiento.
Su mayor deseo es seguir adelante y garantizarle a su hija un adecuado desarrollo.
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.