Carlos is 20 and lives with his parents, they own an upholstery shop at a location they rent, but the landlord is giving back the space, because of this he wants to take advantage of the opportunity and start his own business doing woodwork, activity that he learned from his family and in school, this way he plans to generate the resources needed to contribute to his home's economy. His advantage is that the location is good and recognized in the area. He is an active, dynamic, entrepreneurial young man, and he really wants to get ahead, reason why he wants to request a credit to buy fixed assets (band saw, jig-saw, draw knife and lathe), with this he will be able to start is project, where he hopes to obtain good results to continue moving forward achieving his objectives and later on be able to generate employment opportunities for others. Carlos knows that to achieve his dreams he has to work hard, with determination, discipline and diligence; only this way he will be able to enjoy a better quality of life and well being with his parents.
Carlos es un joven de 20 años de edad, vive con sus padres, propietarios de un local arrendado donde funciona una tapicería, pero, el arrendatario va a entregar el local, por lo que él desea aprovechar esta oportunidad y montar su propio negocio de ebanistería, actividad que aprendió de su familia y en el colegio, así pretende generar los recursos necesarios para aportar a la economía de su hogar. Cuenta con la ventaja de que el local está bien ubicado y es reconocido en el sector. El cliente es un joven activo, dinámico, emprendedor y tiene muchas ganas de salir adelante, razón que lo impulsa a solicitar el apoyo del crédito para comprar los activos fijos (sierra sinfín, caladora, delineadora y torno), con esto podrá dar inicio a su proyecto productivo, del cual espera obtener buenos resultados para seguir avanzando hacia el cumplimiento de sus objetivos y más adelante poder generar oportunidades de empleo. Carlos sabe que para lograr lo que sueña, debe trabajar arduamente, con empeño, disciplina y mucha dedicación, sólo de esta manera podrá disfrutar de una mejor calidad de vida y bienestar en compañía de sus padres.
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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.