Sandra, at 27 years old, lives with her husband and is expecting her first child, who will be born soon.
Several months ago she began working independently, motivated by the need to generate income to help her husband with the financial responsibilities of their home. For this purpose, she opened a shots and cocktails stand in a little wagon that she has located on a corner in her neighborhood. She works every day from 6 p.m. to 1 a.m. with the support of a female employee, and this way she has generated enough income to afford some of the basic necessities for her home.
She wants to invest the loan that she is seeking in the purchase of another wagon and supplies (liquor and mixes), which will allow her to open another branch of her business in an adjoining neighborhood and improve sales, especially during this holiday season. This will allow her to generate more income so that she can afford the costs of her son’s birth.
She says that currently she faces a challenge with her business because soon she will have to leave it in the hands of her employee, as she must retire for the birth of her baby. However, she has the advantage of having an assistant who is completely trustworthy.
Sandra dreams of having her business in a commercial location that is open to the public, where she can serve her customers more comfortably and improve the profitability of her business, so that little by little, her family's quality of life will improve.
Sandra, a sus 27 años de edad vive con su pareja y actualmente está esperando su primer hijo, que está próximo a nacer.
Hace varios meses comenzó a trabajar de manera indepediente, impulsada por la necesidad de generar ingresos para apoyar a su esposo con la carga económica del hogar; por ello montó una venta de shots y cócteles en un carrito ambulante que ubica en una esquina del barrio donde reside; trabaja con el apoyo de una empleada todos los días de 6 pm a 1 am y así ha generado los recursos suficientes para solventar algunas de las necesidades básicas en su hogar.
El crédito que solicita desea invertirlo en la compra de otro carrito e insumos (licores y mezcladores), esto le permitirá poner otra sucursal de su negocio en un barrio aledaño y así mejorar las ventas, especialmente en esta temporada decembrina; lo que le permitirá generar mejores ingresos para poder solventar los gastos del nacimiento de su hijo. Actualmente manifiesta que enfrenta un desafío con su negocio, ya que pronto tendrá que dejarlo en manos de la empleada porque tendrá que retirarse para el nacimiento de su bebé; sin embargo tiene la ventaja de que su colaboradora es una persona de total confianza.
Sandra sueña con tener su negocio en un local comercial abierto al público, en el que pueda atender más cómodamente a sus clientes y así mejorar la rentabilidad del negocio y poco a poco mejorar las condiciones de vida de su 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.