Liliana is 28 years old. She is married and doesn't have any children yet, but she hopes to one day. For now, she is focused on her business selling and repairing cell phones. She learned this activity at her husband's side. He works for himself and has worked as a merchant.
She decided to open the business with the goal of making additional income to support herself. Although the business hasn't been in the market for very long, it's popularity can been seen. She is convinced that with the variety of products she has she will be able to find new customers and that is why she is asking for a loan to buy inventory of replacement parts and more cell phones. With the money, she can inject capital into her micro business and continue to grow as a businesswoman and as a person.
Liliana tiene 28 años y es casada, aun no tiene hijos pero aspira a tenerlos algún día. Por ahora está enfocada en su negocio de venta y reparación de celulares. Esta es una actividad que aprendió al lado de su esposo quien es independiente y ha trabajado como comerciante.
Ella decidió abrir el negocio con el objetivo de obtener ingresos adicionales para su sostenimiento.
Aunque el negocio no lleva mucho tiempo en el mercado se puede ver la gran acogida que tiene.
Ella esta convencida que en la variedad de sus productos podrá encontrar nuevos clientes y es por eso que acude a un préstamo para la compra de surtido de repuestos y de mas teléfonos móviles.
Con este dinero podrá inyectarle capital a su microempresa y podrá seguir creciendo como empresaria y como persona.
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.