Elcira is a 48 year old woman. Due to her pregnancy, she had to leave the apparel business and devote herself to raising her daughter.
Once her partner left her and her daughter alone, she had to seek alternatives to generate income. The only opportunity she found was to reactivate her clothing manufacturing business selling her products to third parties. She expects to generate resources to continue moving forward with her daughter.
She applied for a loan to revive her clothing business. She will buy thread, nylon, and repair her machines.
It is important to support this business because it provides the opportunity to be able to move forward even in the absence of her partner because she has a daughter to support, educate, and provide a good life for.
Elcira una mujer de 48 años de edad que debido a su embarazo tuvo que dejar el negocio de las confecciones para dedicarse de lleno a la crianza de su hija.
Una vez su pareja la dejo sola con su hija le toco buscar alternativas para generar ingresos y lo único que encontró es reactivar su empresa de confección a terceros con lo que esperar generar recursos para seguir adelante con su hija.
Solicita un crédito para reactivar su empresa de confección a terceros con lo que comprara hilos, nailon, realizara mantenimiento a sus máquinas.
Es importante apoyar a esta empresaria pues le brindaran la oportunidad de que pueda continuar aún con la ausencia de su pareja pues tiene una hija que mantener a quien darle estudio y darle una buena vida.
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.