Amiria used to work as a lab technician, but decided to resign so she could care for her children, so her husband recommended that she work on her own selling gas.
She bought her first cylinders with the few savings she had, so she could sell them in the town of Sincelejo. Today she has garnered the fruits of her effort and dedication and she has a large demand for her cylinders. She has not been able to cover all the orders, so she is asking for a loan to buy a larger inventory so she can cover the demand.
This loan will allow her to capitalize her business and offer her product to the people in her area in a more opportune way. Most of her customers live in the surrounding areas and must travel a long way to buy gas.
La señora Amira anteriormente trabajaba como técnica en un laboratorio, pero decidió renunciar para dedicarse a cuidar sus hijos y estar pendiente de ellos, fue así como su esposo le propuso trabajar independiente en la comercialización de gas domestico.
Con unos cuantos ahorros que tenía compro sus primeras pipetas de gas para venderlas den el municipio de Sincelejo. Hoy en día ha podido recoger muy buenos frutos de su esfuerzo y dedicación, tanto así que tiene gran demanda de pipetas y no ha podido cubrir estos pedidos.
Por esta razón es que solicita un préstamo, para comprar un gran inventario de pipetas y poder aliviar la demanda tan grande.
El préstamo le dará la oportunidad de capitalizar su negocio y ofrecer a las personas de la región su producto de manera oportuna ya que sus clientes viven principalmente en zonas veredales y deben recorrer grandes trayectos para comprar el gas.
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.