Cruz, 51, is a charismatic and hard-working woman. She is the mother of three children who she has raised well and is married to a loving husband.
For 15 years she has worked as a street vendor. She has got a small stall selling a variety of candies, cigarettes and snacks. This has allowed her to generate an income to support her husband with the household expenses.
The loan she is asking for is to buy supplies for her stall such as snacks, candy, cigarettes, soft drinks and other things. This will allow her to satisfy the customer demand and generate more profit from her sales.
Cruz, a sus 51 años de edad, es una mujer carismática y trabajadora, madre de 3 hijos a los que ha sacado adelante y esposa amorosa.
Durante 15 años ha trabajado como vendedora ambulante, tiene una chaza en la que ofrece variedad de dulces, cigarrillos y mecato, esto le ha permitido generar ingresos para apoyar a su esposo con la carga económica del hogar.
El crédito que solicita lo invertirá en la compra de surtido para su chaza, como mecato, dulces, cigarrillos, gaseosas y otros, esto le permitirá satisfacer la demanda actual de sus productos y generar mejores ingresos por ventas.
Cruz manifiesta que su mayor anhelo es tener un negocio cerca de su casa, para así poder estar pendiente de su hogar, mientras trabaja por el bienestar de su familia, además sueña con ver a su hijo menor convertirse en un profesional idóneo y exitoso.
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.