At 20 years old, Alexandra is an enterprising, very active woman with vision. She has had trouble finding work as she does not have much experience, so she has decided to start her own business selling Amway merchandise and products. To do this she needs a loan to invest in buying stock wholesale (body creams and personal hygiene products, among others) so she can take advantage of the discounts they offer and to have a variety to offer her customers. At first, these will be her family members, neighbors, friends from the neighborhood, and customers from her mother's beauty salon. This will allow her to have an income to contribute to her household and she will be able to invest more in her business this way. She will keep making progress to become a leader in this business; she will be highly productive and very competitive at the commercial level, which will improve her income and her quality of life.
Alexandra, a sus 20 años de edad es una mujer con visión, emprendedora y muy activa; por falta de experiencia laboral le ha sido difícil conseguir oportunidades de trabajo, por lo cual ha decidido iniciar su propio negocio de venta de mercancía y productos Amway, para lo cual requiere el crédito, con el fin de invertirlo en la compra de surtido al por mayor (cremas corporales, productos de aseo personal, entre otros) con el fin de aprovechar los descuentos que le ofrecen y así tener variedad para ofrecer a sus clientes que inicialmente serían familiares, vecinos y amigos del sector y clientes de la sala de belleza que atiende su madre. Con esto podrá obtener ingresos para aportar al sustento de su hogar y podrá invertir más en su negocio así, podrá ir avanzando para convertirse en una líder del negocio, ser altamente productiva y muy competitiva a nivel comercial, así podrá mejorar su nivel de ingresos y mejorar la calidad de vida.
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By supporting this loan, you're helping a borrower launch a new business!
This loan is designed for an entrepreneur who needs working capital to start a brand new business. Along with the loan, Kiva's field partner Interactuar provides counseling, training courses, and other financial resources to help new, riskier entrepreneurs set up young businesses.
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.