Rosa has been able to gain much experience in the field of selling clothing, shoes, beauty and cleaning products in her 9 years working as a business person. She buys her merchandise in Medellín and then sells it in Planeta Rica at good prices with the goal of obtaining good income for her two children. She is very enterprising and has lots of faith in her business. She is firmly focused on moving forward and having a dignified life.
She is requesting a loan to transport herself to Medellín and buy a great quantity of merchandise like shoes and beauty products to sell in her land. This will give her a chance to make some headway in the crowded marketplace of Planeta Rica. She dreams of having her own house and a stable income.
Rosa ha podido recoger una gran experiencia en el campo de la comercialización de ropa, zapatos, artículos de belleza y aseo gracias a que hace 9 años trabaja como comerciante. Compra su mercancía en Medellín y luego la vende en Planeta Rica a muy buenos precios con la esperanza de obtener buenos ingresos a sus dos hijos.
Ella es muy emprendedora con mucha fe en su negocio, con el enfoque firme de salir adelante y tener una vida digna.
Ella solicita el crédito para trasportarse hasta Medellín y comprar una gran cantidad de mercancía como zapatos y artículos de belleza para venderlos en su tierra.
Esto le dará una oportunidad de abrirse paso en este mercado tan concurrido en Planeta Rica.
Ella sueña con tener una casa propia y unos ingresos estables.
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.