Luz is 38 years old. She is a creative, driven, and hardworking woman. She earns her living working as an independent stylist. She learned the trade several years ago in different training courses that she took after finishing secondary school. Since she was very young, she took a liking to the work, and with her family's help, she was able to use all of her potential to open her own beauty salon.
In order to fortify her business, she is asking for the support of a loan to buy materials and work tools (dyes, hair treatments, shampoo, hair dyes, scissors, and a hair iron). This will allow her to have enough inventory available to offer a better and more agile service to her clientele, improving her income.
Luz, like any dreamer, says that she will keep working hard to achieve her goals, especially that of opening her own hair products store. She will be able to distribute all kinds of beauty elements and products. This way, she will be able to improve her business' profitability and enjoy a better quality of life.
Luz, a sus 38 años de edad, es una mujer creativa, pujante y trabajadora, que se gana la vida trabajando como estilista independiente. El oficio lo aprendió hace varios años en diversos cursos de capacitación que tomó en academias de belleza, luego de culminar los estudios secundarios; pues desde muy pequeña le cogió un gusto muy especial a la labor y con ayuda de sus familiares pudo explotar todo su potencial al colocar su propia sala de belleza.
Con el ánimo de fortalecer su negocio, solicita el apoyo del crédito para comprar insumos y herramientas de trabajo (tinturas, tratamientos capilares, shampoo, acondicionador, tijeras, plancha para el cabello), esto le permitirá tener disponibilidad suficiente de inventario para prestar un mejor y más ágil servicio a su clientela, mejorando las ventas e ingresos.
Luz, como toda mujer soñadora, manifiesta que sigue trabajando arduamente para lograr sus metas, especialmente aquella de iniciar una tienda del peluquero, donde pueda distribuir todos los elementos y productos de belleza, así podrá mejorar la rentabilidad del negocio y disfrutar una mejor calidad 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.