Miryam is a lively and vibrant woman who is devoted to her family and passionate about her work. She has devoted over 11 years to the manufacture of her own line of clothing, producing many types, especially for women. She works independently in the comfort of the home where she lives with her husband and two children. She has the support of an employee who she pays an hourly wage so she can be more productive and spend time with her family.
Her tenacity, perseverance, and drive to seek new alternatives that allow her to move forward with her business have brought her to request a loan to invest in the purchase of wholesale inputs (fabrics, yarn, fasteners, accessories, and more). This will allow her to have a greater variety and colors to offer her customers and satisfy their diverse tastes and needs.
Miryam dreams of owning her own home and offering her family a better quality of life and well-being, therefore, she continues to work hard to achieve her goals and generate the profits she needs to save money and acquire her home in the near future.
Miryam es una mujer alegre y pujante, entregada a su familia y apasionada por su labor. Durante más de 11 años se ha dedicado a la confección de prendas de línea propia, elaborando diferentes tipos de ropa, especialmente para dama; trabaja de manera independiente desde la comodidad de la vivienda donde vive con su esposo y sus dos hijos, cuenta con el apoyo de una empleada a quien le paga por hora laborada y tiene la ventaja de poder ser productiva y pasar más tiempo con su familia.
Su tenacidad y perseverancia la impulsan a buscar nuevas alternativas que le permitan seguir avanzando con su negocio, por ello solicita el crédito para invertirlo en la compra de insumos al por mayor (telas, hilos, cierres, accesorios, entre otros), esto le permitirá tener mayor variedad y colores para ofrecer a sus cliente y así satisfacer los diversos gustos y necesidades.
Miryam sueña con tener su casa propia y poder ofrecer a su familia un mejor bienestar y calidad de vida, por ello sigue trabajando arduamente para lograr cumplir sus objetivos y generar la rentabilidad necesaria para poder ahorrar y tener la capacidad de adquirirla en un futuro a mediano plazo.
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.