Maria, at 62 years old, is a charismatic, active, and helpful woman. Being the mother of two children was her principal motive for fighting tirelessly day after day, looking for ways to earn a living and provide for them. Approximately 20 years ago she began selling footwear for all kinds of customers at excellent prices and good quality, which allowed her to become well-known in the area, and to attain the career that she has. This inspired her to request the support of a loan to boost her inventory, with which she will buy footwear wholesale so she can meet the demand that increases during the school year. Maria has the advantage of living in an area with an abundance of students, and this will help her increase the income she earns for her work.
Maria says that her age does not stand in the way of continuing to do what she is passionate about, for which she is always thinking of new goals. One is to become a large distributor of footwear and be able to offer employment opportunities. That way she can improve the quality of life and well-being both of her family and the people who help her do her daily work.
María, a sus 62 años de edad, es una mujer carismática, activa y servicial. Ser madre de dos hijos, fue el principal motivo para luchar incansablemente día a día, buscando alternativas para ganarse la vida y llevar el sustento a sus hijos.
Desde hace aproximadamente 20 años, comenzó a comercializar calzado para todo tipo de clientes, de muy buena calidad y a excelentes precios, lo que le permitió darse a conocer en el sector y lograr la trayectoria que tiene. Esto la impulsa a solicitar el apoyo del crédito para fortalecer sus inventarios, pues comprará calzado al por mayor, así podrá satisfacer la demanda que aumenta en la temporada escolar, pues cuenta con la ventaja de vivir en un barrio donde hay mucha afluencia de estudiantes; esto le ayudará a mejorar los ingresos que percibe por su labor.
María manifiesta que su edad no le impide seguir haciendo lo que le apasiona, por ello siempre se propone nuevas metas y entre ellas está el de convertirse en una gran distribuidora de calzado y generar oportunidades de empleo, así podrá mejorar la calidad de vida y el bienestar tanto de su familia, como la de aquellas personas que le ayuden a realizar su labor diaria.
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.