Mary is a thriving, helpful, and hard-working woman. At 45 years old, she is married and the mother of two children who she has brought out ahead with much effort and dedication.
For 20 years, she has worked in the field of dressmaking, providing dressmaking services through procurers and to customers directly. She learned the trade empirically and she works alone every day, thus generating sufficient resources to support her husband with the economic burden of their home.
Currently, she has motivated herself to request the loan to purchase supplies wholesale (cloth, thread, and elastic, among others). This will allow her to have materials available to complete the timely shipment of the orders that she has pending, fostering loyalty from her current customers.
Mary expresses that she wishes to continue performing her job with much determination. She wants to expand her business and be able to generate employment opportunities, as well as guarantee an economic stability to provide a better quality of life to her family.
Mary es una mujer pujante, servicial y trabajadora, a sus 45 años de edad, es casada y madre de dos hijos a los que ha sacado adelante con mucho esfuerzo y dedicación.
Desde hace 20 años se desempeña en el campo de la confección, prestando el servicio de confección a terceros y a clientes directos, el oficio lo aprendió de manera empírica y trabaja sola todos los días, así genera los recursos suficientes para apoyar a su esposo con la carga económica del hogar.
Actualmente se motiva a solicitar el crédito para comprar insumos al por mayor (telas, hilos, resorte, entre otros) esto le permitirá tener material disponible para cumplir con la entrega oportuna de los pedidos que tiene pendientes, logrando fidelizar sus clientes actuales.
Mary manifiesta que desea continuar realizando su labor con mucho empeño, pues quiere ampliar su negocio y poder generar oportunidades de empleo, además de garantizar una estabilidad económica para dar a su familia una mejor calidad de vida.
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.