Omaira is a woman who, like many, acquired her business knowledge thanks to her parents. She makes a living producing and selling arepas, an activity she learned when she was very young. She took over the family business twenty years ago, and now at 40 years old, she maintains it.
She wants to begin to better formalize the business, since she had never had the help of an entity to provide money to grow her business. She wants a loan, which she will invest in the purchase of a motorcycle with which she will generate work. She will use it to distribute her arepas.
She also wants to buy an electric grinder to reduce the time and effort of production. The rest she would invest in supplies to make a greater number of areas daily, since she would have a way to distribute them.
Her greatest dream is to see her business and her children grow.
Omaira una mujer que como muchas adquirió sus conocimientos de su negocio gracias a sus padres, se dedica a la producción y distribución de arepas, actividad que aprendió desde muy joven y ya hace 20 años tomo el negocio familiar y a sus 40 años de edad lo mantiene.
Quiere comenzar a formalizar mejor la empresa pues nunca había tenido la ayuda de una entidad que le facilitara dinero para engrandecer su empresa y para ello quiere un crédito el cual invertirá en la compra de una motocicleta con lo que generara un empleo , la usara para la distribución de sus arepas, también quiere comprar un molino electrónico para reducir esfuerzo y tiempo de producción el resto lo invertía en surtido para fabricar un mayor número de arepas diarias pues ya tiene como distribuirlas.
Su gran sueño es ver crecer su negocio e hijos
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.