Rosalba has a restaurant which she learned to work in, thanks to that it is a family business. Her father worked in this business and working by his side, Rosalba was able to learn the business. Married and with two children of 14 and 12 years of age, Rosalba supports the family economically along with her husband so that in her home they can have a good quality of life and offer their two children access to a high quality education. Since she has had her restaurant, Rosalba has been working hard. In spite of that when she set it up she only had some basic implements, now the good sales that they have have demanded that she make her business grow bit by bit. Due to that she doesn't have sufficient capital, now she has saved approximately half of the money. Rosalba is looking for a loan to buy a refrigerated display case that can conserve all of her restaurant's food.
Her dream is that her business gets ahead and to be able to buy the location where her restaurant is located. Also, she hopes that she can get ahead in her home and she and her family can have a better quality of life and better economic opportunities to progress.
Rosalba tiene un restaurante el cual aprendió a trabajar gracias a que es un negocio que viene de familia, pues su padre se dedicaba a esta actividad y trabajando a su lado Rosalba logró aprender la actividad. Casada y con 2 hijos de 14 y 12 años de edad, Rosalba aporta económicamente junto con su esposo para que en su hogar puedan tener una buena calidad de vida y brindarles a sus 2 hijos el acceso a una educación de buena calidad. Desde hace un tiempo que tiene su restaurante, Rosalba ha venido trabajando fuertemente, y a pesar de que cuando lo montó contaba solo con algunos implementos básicos, ahora las buenas ventas que tiene le han exigido hacer crecer su negocio poco a poco. Debido a que no cuenta con el capital suficiente, pues tiene ahorrada aproximadamente la mitad del dinero, Rosalba busca un préstamo para comprar una nevera panorámica donde pueda conservar todo los alimentos de su restaurante.
Su sueño es que su negocio salga adelante y lograr comprar el local donde tiene ubicado su restaurante. Además, aspira que en su hogar salgan adelante y puedan tener una mejor calidad de vida y mejores oportunidades económicas para progresar.
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.