He will invest the loan by purchasing merchandise in bulk (jeans, t-shirts, shirts, pants, jackets, etc.). This will allow him to resume his business independently and add to his salary.
Johan, with his determined spirit and his desire to move forward, promises that he will continue to fight to achieve his goals and dreams, especially his dream of opening his own store where he can offer all of his merchandise and be totally independent. This would guarantee profitability so that he could provide a better quality of life for his family.
El crédito lo invertirá en la compra de mercancía al por mayor (jeans, camisas, camisetas, pantalones, chaquetas, entre otros), esto le permitirá reiniciar su actividad independiente y complementar su salario.
Johan, con su espíritu luchador y las ganas de salir adelante, manifiesta que seguirá luchando para alcanzar sus metas y sueños, especialmente el de tener su propio almacén en el que pueda ofrecer toda su mercancía y ser totalmente independiente, garantizando una rentabilidad para dar a su familia una mejor calidad de vida.
More information about this loan
By supporting this loan, you're helping a borrower launch a new business!
This loan is designed for an entrepreneur who needs working capital to start a brand new business. Along with the loan, Kiva's field partner Interactuar provides counseling, training courses, and other financial resources to help new, riskier entrepreneurs set up young businesses.
Important InformationThis 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.
359View loans »
Success!! The loan was 100% repaid