Jessica is 19 years old. She works as a nursing assistant. In her free time she independently sells merchandise and products from a catalogue. She does this in order to increase her earnings. These earnings help with household expenses. She has the support of her mother for her sales activities. Her mother helps her by offering Jessica's products to her friends and neighbors. Jessica is an enterprising, optimistic and conscientious young woman. She works with great care and attention in order to achieve her goals. She is asking for this loan in order to buy merchandise at a wholesale level (cosmetics, body creams, accessories and perfume among other items). She would like to take advantage of the promotions and discounts that are provided to those that buy with cash. This is how she can have a larger portfolio of products. Her customers could immediately obtain the products they wish to buy. This is how she can attract more customers and increase her sales and earnings. Her earnings will help with the household expenses. She will also save to buy a motorcycle, which will help her move from one place to another, saving her money on transportation.
Jessica tiene 19 años de edad, se dedica a laborar como auxiliar de enfermería y en su tiempo libre vende mercancía y productos por catálogo de manera independiente, con la intención de generar más ingresos para aportar económicamente con los gastos de su hogar; para realizar esta actividad, cuenta con el apoyo de su madre, quien le ayuda a ofrecer los productos a sus familiares, amigos y vecinos del sector. Jessica es una joven emprendedora, optimista y consciente que debe luchar con esmero y dedicación para lograr sus metas. Esto la impulsa a solicitar el crédito que será invertido en la compra de mercancía al por mayor (productos cosméticos, cremas corporales, accesorios de bisutería, perfumería, entre otros) con el fin de aprovechar las promociones y descuentos que le dan por compras de contado, para así tener una portafolio de productos más amplio y darle la posibilidad al cliente que lleve el producto inmediatamente, así podrá atraer más clientela y aumentará sus ventas e ingresos. De esta forma, Jessica pretende generar mejores ingresos que le permitan seguir colaborando con los gastos de su hogar y tener la capacidad de ahorrar para comprarse una moto que le facilite su traslado de un lado para otro, economizando dinero.
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.