Hector, 36, lives with his wife and four children, who they have raised with care and dedication.
For eight years, he has been working as an independent trader. He has got a food stall where he sells fried food and a food cart from which he sells a variety of snacks and candies. It is located outside a school and his wife helps him at work from Monday to Saturday from the early hours of the morning.
He is asking for a loan to invest in supplies and stock (chips, oil, bananas, snacks, candies) and to make improvements to his food cart (paint). This will help him improve the image of his business and attract more customers. He will also be able to offer a wider range of products to satisfy the demand. As a result, he will generate more income for his family.
His greatest desire is to have his own place where he can set up a fast-food restaurant. In doing this he can move away from street selling and the different problems and risks that this type of work has. His own place would be a significant step towards improving the standard of living of his children and his wife, who he loves a lot.
Héctor, a sus 36 años de edad, vive con su esposa y sus 4 hijos, a los que han sacado adelante con esmero y dedicación.
Desde hace 8 años se dedica a trabajar como comerciante independiente, pues tiene un puesto de venta de alimentos fritos y una chaza donde vende dulces y mecato, está ubicado a las afueras de una institución educativa y trabaja en compañía de su esposa de lunes a sábado desde las primeras horas de la mañana.
El crédito que solicita será invertido en la compra de insumos y surtido (papas, aceite, plátanos, mecato, dulces) y realizar mejoras al carro de comidas (pintar), esto le permitirá mejorar la imagen de su negocio y hacerlo más llamativo para los clientes, además podrá ofrecer mayor variedad de productos y satisfacer los diversos gustos, esto se reflejará en el incremento de las ventas y los ingresos para su familia.
Héctor manifiesta que su mayor anhelo es tener un local propio en el que pueda montar su negocio de comidas rápidas y así evitar los diferentes riesgos a los que está expuesto por trabajar en la calle, esto sería un avance para mejorar las condiciones de vida y bienestar para sus hijos y su amada esposa.
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.