Roberto has been making footwear for approximately 25 years. He previously worked for a company but one day decided to start working for himself owing to the low wages he earned from his job. He started making footwear in his own workshop and even reached the stage where he sends them abroad. Owing to a crisis that he experienced which lasted a while, Roberto was forced to close his workshop and work making footwear for third parties. Thanks to his commitment to his work, however, he was able to overcome his difficulties and re-open his workshop, albeit with very little capital. As Roberto's products are very good quality, he has been able to attract a large number of customers and gradually make progress in his business. He currently experiences very good sales but, owing to the low production capacity of his workshop, he sometimes cannot fill all of the orders from his customers. With the aim of increasing his production capacity and filling these orders, Roberto is hoping to take out a loan which will allow him to buy the supplies and raw materials he needs to make shoes such as molds, rubber, leather, etc.
Roberto hopes to continue improving his workshop and to reach the level of sales he enjoyed before he experienced his crisis. Roberto dreams of being able to offer more jobs to people who need them most. He currently employs two people who never had work opportunities.
Roberto se ha dedicado desde hace aproximadamente 25 años a la actividad de la fabricación de calzado. Anteriormente, Roberto trabajaba para empresa y un día decidió independizarse debido a la baja remuneración que tenía su trabajo. Desde entonces Roberto ha fabricado calzado en su taller y ha podido llegar hasta enviarlo a otros países. Debido una gran crisis que tuvo durante un tiempo, Roberto se vio obligado a cerrar su taller y a trabajar la fabricación de calzado para terceros. Gracias a su dedicación al trabajo pudo salir delante de esta adversidad y retomar su taller aunque con muy bajo capital. Como los productos de Roberto se han caracterizado por su buena calidad, ha podido captar gran cantidad de clientes y poder sacar adelante su taller poco a poco. Actualmente, Roberto tiene muy buenas ventas, pero debido a la poca capacidad de producción de su taller a veces no puede responder a todos los pedidos de sus clientes. Con el ánimo de poder aumentar su capacidad de producción y responder a estos pedidos, Roberto aspira a que un préstamo le brinde la posibilidad de acceder a la compra de insumos y materias primas para la fabricación de zapatos como son moldes, caucho, cuero, entre otros.
Roberto espera continuar mejorando su taller y llegar a los niveles de ventas que tenía antes de caer en la crisis. Roberto sueña con poder ofrecer más empleo para las personas más necesitadas, pues actualmente emplea dos personas que nunca tuvieron oportunidades laborales.
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.