Alberto is a humble, charismatic, and hardworking micro-entrepreneur. He is 62 years old and continues to work to ensure the welfare of his family which consists of his wife and 4 children whom he has raised with great effort and dedication.
He began working as a cargo transporter in the marketplace 19 years ago. He learned everything related to business management of selling fruits and vegetables while in the marketplace. This experience prompted him to become an entrepreneur. He was presented with the opportunity to purchase a load of local South American fruits. He then distributed these products in a small space that he rented. He gradually became known in the industry and achieved a higher income to bring home.
With the support of this loan, he will buy a wholesale assortment of local fruit. This order will allow him to have sufficient product to meet current demand, earning better profits.
Alberto says that his age does not stop him from dreaming and working hard to fulfill his dreams, especially to grow his business and expand its coverage to other municipalities. Expansion would allow him to have a better quality of life with his family and to enjoy a peaceful old age without economic worry.
Alberto es un microempresario humilde, carismático y trabajador, a sus 62 años de edad aún continúa velando por el bienestar de su familia, conformada por su esposa y 4 hijos a los que ha sacado adelante con esfuerzo y dedicación.
Desde hace 19 años comenzó a trabajar como levantador de carga en la plaza de mercado, allí conoció todo lo relacionado con el manejo de los negocios de frutas y verduras, esto lo impulsó a independizarse y se le presentó la oportunidad de comprar una carga de granadilla y lulo, para luego distribuirlo, los productos son almacenados en un pequeño local que alquiló y poco a poco se dio a conocer en el sector, logrando mejorar los ingresos para llevar el sustento a su hogar.
Con el apoyo del crédito comprará surtido al por mayor (lulo, granadilla y otros productos), esto le permitirá tener disponibilidad suficiente para satisfacer la demanda actual, logrando mejorar las utilidades que deja su labor.
Alberto manifiesta que su edad no le impide seguir soñando y luchar para cumplir esos sueños, especialmente el de crecer su negocio y ampliar su cobertura para despachar hacia otros municipios, esto le permitirá tener mejor calidad de vida para ofrecer a su familia y podrá disfrutar una vejez tranquila y sin necesidades económicas.
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.