Viviana is a hard-working, 25-year-old woman, who works selling women's and men's shoes door-to-door. She offers a variety of shoe styles to her customers in their homes and gives them discounts as well as different ways of payment. She knows that her family depend exclusively on her income to be able to eat. She is requesting a loan to buy women's and men's shoes, as she wishes to be able to offer a wider variety of shoes and styles. She wants to increase her sales so that her family have enough to eat and have shelter, and hopes that one day she will be able to have her own shoe store so that she can improve the family´s quality of life.
Viviana es una trabajadora mujer de 25 años de edad que se gana su vida vendiendo puerta a puerta calzado para hombre y dama llevando hacia la puerta de la casa de sus clientes variedad de calzado, ofertas y formas de pago para, pues sabe que su familia depende exclusivamente de ella y están la deriva de los ingresos que ella genere para poder comer.
Solicita un préstamo para la compra de calzado de hombre y dama, pues quiere brindarle mayor variedad de productos y estilos de calzado buscando mejorar sus ventas para que su familia nunca le falte la comida y el techo y mirar si puede llegar a montar un negocio de calzado para mejorar cada día más sus condiciones.
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.