Gladys, 31 years old, is a single mother of 4 children for whom she has been working hard with much sacrifice to get ahead. She must work very arduous hours in order to earn enough income for her family to survive.
Gladys has worked as a multi-purpose employee for different businesses and homes in her area, and currently alternates this work with the sale of different merchandise. She has been working in sales for the past 3 years in order to augment her income and provide education and support for her children. Nevertheless, in October of 2013 her economic situation declined as a result of a severe health problem that restricted her ability to work. However, with the motivation and love from her family, she was able to recover and she now wants to begin working again.
As a result, she is asking for this loan in order to buy wholesale merchandise such as perfume, accessories, cosmetics, and articles of clothing. This will permit her to once again generate the income she needs to support her family expenses, as well as to satisfy the needs and desires of her clients.
Gladys says that her greatest wish is to have the economic stability that will enable her to provide a better education for her children, so that they will forge a prosperous and successful future. Additionally, she would like to provide them with a better standard of living.
Gladys, una mujer de 31 años de edad, es madre soltera de 4 hijos a los que ha sacado adelante con mucho empeño y sacrificio, pues debe trabajar arduas jornadas para generar ingresos con los que su familia pueda sobrevivir.
Durante su vida productiva se ha dedicado a trabajar como empleada de oficios varios en diferentes empresas y casas de familia, actualmente alterna su empleo con la venta de mercancía, labor que comenzó desde hace 3 años con el fin de complementar los ingresos para brindar educación y sustento a sus hijos; Sin embargo, en octubre de 2013 su economía decayó por una grave afectación de salud que la aisló de su empleo y su negocio independiente; pero con la motivación y el amor a su familia, logró recuperarse y quiere reiniciar sus labores.
Esto la impulsa a solicitar el crédito con el que comprará surtido al por mayor (perfumería, accesorios, cosméticos, prendas de vestir), esto le permitirá generar nuevamente los ingresos para solventar los gastos familiares, además de satisfacer las necesidades y gustos de sus clientes.
Gladys dice que su mayor anhelo es lograr tener una estabilidad económica que le permita brindar una mejor educación a sus hijos, para que se forjen un futuro próspero y exitoso, además desea disfrutar junto a ellos de mejores condiciones de vida.
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.