Angela is a micro-entrepreneur who is dedicated and hardworking, her sphere of work is tailoring, providing services to others and directly to clients.
It all started more than 8 years ago when she was working as an employee in a tailoring workshop and through that she learnt the trade; nowadays, at 20 years old, she has her own workshop in which she employs 3 employees directly; she works every day and in this way generates sufficient resources to support her husband with the financial burden of the household.
The loan she is requesting will be invested in buying raw materials such as cloth, thread, needles and lace with the aim of increasing production and getting new contracts which will allow her to continue her micro-enterprise.
Angela dreams of continuing to strengthen her business and having a better level of production every day to create new opportunities of employment and improve the quality of life as much for her family, as for the people who are impacted daily by her work.
Angela es una microempresaria dedicada y trabajadora, su campo de acción es la confección, prestando el servicio a terceros y a clientes directos.
Todo comenzó hace más de 8 años cuando trabajaba como empleada en un taller de confección y por medio de la practica aprendió el oficio; hoy en día, a sus 20 años de edad, ya tiene su propio taller en el que genera 3 empleos directos; trabaja todos los días y de esta forma genera los recursos suficientes para apoyar a su esposo con la carga económica del hogar.
El crédito que solicita será invertido en la compra de materia prima como tela, hilos agujas y encajes con el fin aumentar la producción y adquirir nuevos contratos, que permitan darle continuidad a su microempresa.
Angela sueña con seguir fortaleciendo su taller y tener cada día mayor nivel de producción para generar nuevas oportunidades de empleo y mejorar la calidad de vida tanto de su familia como la de las personas que influyen diariamente en su labor.
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.