Dora, 36, believes that her main priority as a mother is to provide care and well-being for her two children aged 16 and 10.
For the last 15 years she has worked in the sewing sector. She’s worked in various companies where she acquired the skill and experience she uses today in her own workshop.
She is asking for a loan to buy fabric in order to make pajamas and boxers for men and boys, as they are in high demand.
Her dream is to expand her business so it will become a source of fulltime income for female heads of families.
Dora de 36 años de edad, considera que su mayor prioridad como madre es velar por el cuidado y bienestar de sus dos hijos de 16 y 10 años de edad,
Desde hace 15 años labora en el sector de la confección, trabajó en varias empresas del sector en donde adquirió la experiencia que hoy ha utilizado en la creación de su propio taller.
Se encuentra solicitando un crédito con el fin de comprar tela para confeccionar pijamas y bóxer para hombres y niños, con el fin de aprovechar el alto nivel de demanda.
Su mayor deseo es expandir su negocio y convertirse en una fuente de empleo permanente para las mujeres cabeza de familia.
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.