Averson is 44 years old. He is a single father of a 4 year old whom he has gotten ahead with a lot of effort. During his work life, he has worked at different activities. However, in order to improve his income, he decided to start his own business selling fast food and fried products. He learned this activity from his mother. He works with the help of an employee from 7 a.m. until 8 p.m. This is how he has been able to pay for his and his son's basic needs.
The loan he has asked for is to invest in buying a heated display case, kitchen utensils and ingredients wholesale (deli meats, sauces, sodas, empanadas, and more). This allows him to have better display of his products and he will be able to offer more food variety for the diverse tastes of his diners. This will lead to an increase in sales and income from his work.
Averson says that his aim in the medium term is to expand his locale and have more space for his customers to be more comfortable. He also dreams of being able to acquire the locale to continue in his business but in a more profitable way. This way, he will be able to give his son a quality education and improve his family's well being.
Averson, a sus 44 años de edad, es padre soltero de un hijo de 4 años a quien ha sacado adelante con gran esfuerzo. Durante su vida productiva ha trabajado en diversas actividades pero, con el fin de mejorar los ingresos, decidió emprender su propio negocio de venta de comidas rápidas y fritos, actividad que realiza desde un local arrendado y que aprendió de su madre; trabaja con el apoyo de una empleada desde las 7 am hasta las 8 pm; así ha logrado sustentar las necesidades básicas de su hijo y las propias.
El crédito que solicita es para invertirlo en la compra de una vitrina calentadora, utensilios de cocina e insumos al por mayor (carnes frías, salsas, gaseosas, empanadas, entre otros), esto le permite tener una mejor exhibición de sus productos y podrá ofrecer más variedad de alimentos para satisfacer los diversos gustos de sus comensales; logrando así un incremento en las ventas y en los ingresos que recibe por su labor.
Averson manifiesta que su propósito a mediano plazo es ampliar el local para tener más espacio en el que sus clientes estén más cómodos, además sueña con poder adquirir el local para seguir su negocio pero de una manera mucho más rentable, así podrá dar una educación con calidad a su hijo y mejorará el bienestar familiar.
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.