Hilda is a fighter and a strong woman. A single mom, she has raised her three children with effort and dedication. She has spent her working life as an independent businesswoman. She started by selling meals from a cart and as she saved money little by little from her profits, she was able to get together enough capital to open a small restaurant which is located on the main route to the Atlantic coast. In the six months since it opened she has hired two employees and has been able to meet her household expenses.
Hilda will use the money from the loan she is requesting to buy a motorcycle so she can start a home delivery service in the surrounding neighborhoods. This will lead to increased sales and more profits. She states that her greatest desire is to strengthen her business and for it to be well-established and known in the community over time. This will lead to permanence and financial stability so she will be able to give her children a better education and enjoy better living conditions.
Hilda es una mujer luchadora y pujante, madre soltera de 3 hijos a los que ha sacado adelante con esfuerzo y dedicación.
Durante su vida productiva se ha dedicado a trabajar como comerciante independiente, inició vendiendo comidas en un pequeño carrito adecuado para la labor, poco a poco fue ahorrando de los ingresos que percibía y así, logró completar todo el capital, con el que montó una cafetería ubicada en la vía troncal hacia la costa atlántica, durante los 6 meses que lleva en funcionamiento ya genera 2 empleos directos y logra solventar los gastos familiares.
El crédito que solicita será invertido en la compra de una moto para implementar el servicio a domicilio en la zona y los barrios aledaños, con el fin de incrementar sus ventas y por ende los ingresos.
Hilda manifiesta que su mayor anhelo es fortalecer y acreditar bien su negocio, para lograr reconocimiento y una permanencia en el tiempo, que le garantice una estabilidad económica para poder dar a sus hijos una mejor educación y disfrutar 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.