Adriana, age 29, is happily married. She is the mother of a young daughter, for whom she struggles daily in order to ensure her care and wellbeing.
During her working life she has worked in different companies, but six months ago she had the chance to get a grocery store. With some savings that she had, she managed to buy the business and started to earn her living independently, with the added bonus of getting to spend more time with her family. She works alone every day and offers basic staples. At this point, she has been very welcomed in the neighborhood, which has allowed her to earn money to support her husband with the financial needs of their home.
With the goal of positioning and strengthening her business in the market, she wants to invest in order to increase her inventory and have a bigger variety to offer her customers. It is because of this that she is asking for the support of a loan. With the loan she will buy pastries, cereals, dairy products, brown sugar, coffee, eggs, cold cuts, and cleaning products, among other items. In this way she can meet the needs and tastes of her customers, creating an increase in sales and consequently in the profit margin of her business. Adriana is aware that in order to get her business ahead and achieve a favorable amount of recognition in the sector, she should be disciplined and steady in her work and also provide excellent service in order to face her competition. In this way she can earn a better income to give her family a better quality of life and wellbeing.
Adriana, a sus 29 años de edad, está felizmente casada y es madre de una pequeña hija por quien lucha día a día para darle sustento y bienestar.
Durante su vida productiva trabajó en diferentes empresas pero, hace 6 meses se le presentó la oportunidad de adquirir una tienda de abarrotes, con unos ahorros que tenía pudo comprar el negocio y comenzó a generar ingresos de manera independiente, con el ánimo de estar más tiempo con su familia. Trabaja sola todos los días y ofrece productos de la canasta familiar, hasta el momento ha tenido muy buena acogida en el sector, lo que le permite generar recursos para apoyar a su esposo con la carga económica del hogar.
Con el ánimo de fortalecer y posicionar su negocio en el mercado, desea invertir para aumentar el inventario y tener más variedad para ofrecer a los clientes, es por ello que solicita el apoyo del crédito con el que comprará mecato, granos, lácteos, panela, café, huevos, carnes frías, productos de aseo, entre otros, así podrá satisfacer las necesidades y gustos de los compradores, generando un aumento en las ventas y por ende, en el margen de utilidades que deja su labor. Adriana es consciente que para sacar su negocio adelante y lograr un reconocimiento favorable en el sector, debe trabajar con disciplina y constancias, además de prestar un excelente servicio para hacerle frente a la competencia y así generar mejores ingresos para dar a su familia un mejor nivel de vida y bienestar.
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.