Maria learned from the great advice of her mother to always be enterprising and to make her own money. Therefore, when she was very young she started a health food store offering body care products and 100% natural herbal medicines.
She is asking for a loan to invest in her business that has been affected by the difficult competition in the area. She has seen that on many occasions customers get caught up in the look of the store, and therefore the loan will be invested in renovations, and the purchase of display cases, shelving units, and products that can't be found in other stores that offer similar products. Her dream is to be the best health food store in Puerto Bocaya and to be able to employ many people and do her part to lower to unemployment rate in the area.
María aprendió un gran consejo de su madre y es siempre ser emprendedora y generar sus propios recursos por eso desde muy joven comenzó con una tienda naturista, ofreciendo productos para el cuidado del cuerpo y hierbas medicinales 100% naturales.
Solicita un crédito para invertir en su negocio que está viéndose afectado por la difícil competencia en el sector y ha observado que en muchas ocasiones el cliente se deja llevar por el aspecto del local, por tal motivo el crédito será invertido en reformas, compra de vitrinas, estanterías y productos que no se encuentran en otro negocio que oferte productos similares.
Su sueño es ser la mejor tienda naturista de puerto boyaca y poder empelar muchas personas y colaborar bajando el índice de desempleo en el sector
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.