Ruby is an entrepreneurial and thriving woman. As of approximately 6 years ago she began a clothing shop in contracting with third parties with which she has been able to get her family ahead.
She learned this position by taking classes in different schools and later carried out her practices in a clothing factory; from there she decided to build her own store, searching for independence and to be able to look after her children.
She currently generates two businesses and wants to build on her level of production, buying a sewing machine with which she will be able to carry out her tasks in a much more rapid fashion, and this way generating better income.
Her greatest dream is to be able to strengthen her business, generate more work, continue qualifying herself, and to have her own clothing line.
Ruby es una mujer emprendedora y pujante, desde hace aproximadamente 6 años inicio con un taller de confecciones en contratación con terceros con el cual ha podido sacar a su familia adelante.
Ella aprendió de este oficio tomando clases en diferentes academias y posteriormente realizo sus prácticas en una fábrica de confección; de allí decidió montar su propio taller buscando independencia y poder estar más pendiente de sus hijos.
Actualmente genera dos empleos y quiere aumentar su nivel de producción comprando una maquina recubridora con la cual podrá realizar sus trabajos de manera mucho más rápida y generando así mayores ingresos.
Su mayor sueño es poder fortalecer su negocio, generar más empleo, seguir capacitándose y tener línea propia.
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.