Rosalba is a woman of age who lives with her husband. She has run her business for approximately 10 years. It is a convenience store located in the living room of her house. She offers all types of staple products and she has had good results. This activity came about out of necessity of helping her husband with the household expenses and to feel useful. Little by little she learned empirically about managing the business and at the same time she has been able to run her home. This client says that her age doesn't stop her from fighting for her goals. For that she is always seeking alternatives that will allow her to advance. She is asking for the help of the loan to buy merchandise wholesale (pastries, cookies, sodas, dairy products, coffee, brown sugar, and more). In this way, she will have a wider variety of products available to offer her buyers and be able to fulfill the diverse tastes and needs. The result will be an increase in her income. Rosalba wants to continue with his work so that in the near future she will be able to finish building her house and be able to enjoy the rest of her old age and be able to enjoy the rest of her old age next to the man who has accompanied her this whole time.
Rosalba es una mujer de años de edad que vive con su esposo. Hace aproximadamente 10 años se dedica a atender su negocio, una tienda de abarrotes que tiene ubicada en la sala de su casa, allí ofrece todo tipo de productos de la canasta familiar y ha tenido muy buenos resultados; esta actividad surgió de la necesidad de apoyar a su esposo con la carga económica del hogar y de sentirse útil, poco a poco fue aprendiendo de manera empírica todo sobre el manejo de su negocio y al mismo tiempo ha podido estar al frente de su hogar. La cliente manifiesta que su edad no le impide seguir luchando por sus objetivos, por ello siempre va en busca de alternativas que le permitan avanzar. Solicita el apoyo del crédito para comprar surtido al por mayor (mecato, galletería, gaseosas, lácteos, café, panela, entre otros), de esta forma tendrá más variedad de productos disponible para ofrecer a sus compradores y podrá satisfacer los diversos gustos y necesidades, dando como resultado un incremento en sus ingresos. Rosalba desea continuar con su labor para que en un futuro cercano le permita terminar de construir su casa y poder disfrutar el resto de su vejez al lado del hombre que la ha acompañado en este largo trayecto.
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.