Liliana is an entrepreneurial 32 year old woman with an eye on the future and a desire to get ahead. She is dedicated to buying and selling different types of merchandise such as clothing, some toys, beauty and home accessories, among other items. She learned this work from her mother who has been a trader for some time. Liliana, with the eagerness to find new customers and expand her income, is requesting a loan to buy more stock of clothing and shoes to offer to her customers and expand her inventory. This will give her the opportunity to compete more strongly in the sector since there are many people who are dedicated to the same work.
Her biggest dream is to be able to become completely independent and to buy her own house.
Liliana es una emprendedora mujer de 32 años con miras al futuro y con ganas de salir adelante.
Ella viene dedicándose a la compra y venta de distintos tipos de mercancía como ropa, alguna juguetería, accesorios de belleza y para el hogar, entre otros. Esta actividad la aprendió de su madre quien es comerciante desde hace mucho tiempo.
Liliana con el afán de buscar nuevos clientes y aumentar sus ingresos, solicita un crédito para comprar un amplio surtido en ropa y calzado para ofrecer a su clientes y aumentar su inventario. Esto le dará la oportunidad de competir con mas fuerza en el sector ya que hay varias personas que se dedican a lo mismo.
Su mayor sueño es poder independizarse completamente y comprar casa 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.