Opening more sales outlets and even thinking about expanding on a national level are the dreams that keep Jorge going every day. All of his life Jorge has been an exemplary employee but, for health reasons, at his previous work he was moved to a point of sale at his job. After seeing his employers waste opportunities to make sales and profits, Jorge decided to start his own business and, with the help of micro-loans, Jorge has expanded his business up to the point that he now has a part-time employee.
With a dream of expanding his business by opening in new towns, on new sites and to other customers, Jorge is applying for a loan. He will invest this loan in paying for an ice-box that he recently bought, and to buy more stock to implement a stronger sales strategy. Jorge wants to offer good prices for customers, and prove that a humble worker can achieve whatever dream he wants if he fights for it.
Abrir más puntos de ventas e incluso pensar en ampliarse a nivel nacional es el sueño que alimenta cada día al señor Jorge Quien toda la vida se había destacado por ser un ejemplar empleado pero por motivos de salud la empresa lo re-ubico en un punto de venta y ya que observo las ventas y ganancias que este negocio dejaba opto por montar su propino negocio que con ayuda de los micro-créditos ha crecido hasta tal punto de contratar una persona por medio tiempo. Con el sueño de crecer, llegar a mas pueblos, a más sitios, a más personas Jorge Solicita una ayuda crediticia para capital de trabajo pues invertirá en el pago de una caba que recientemente compro y surtido variado para realizar una estrategia de venta más fuerte oferta buenos precios factibles para las personas y demostrar que un humilde trabajar puede lograr cualquier sueño si lucha por este.
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.