Alejandro is an enterprising young man with a promising future and big dreams. He is the owner of two businesses which he successfully worked hard to set up and build. One is the sale of fast food such as hamburgers, hot dogs and grilled brochettes; the other business is an Internet cafe. Both businesses are well established.
He is seeking a loan to carry out on-site repairs to his rented location for food sales and to do maintenance work on one of the coolers where he keeps soft drinks. With this financial help Alejandro will be able to maintain his assets in the best condition so as to always offer his products in an appropriate way, as well as take care of them perfectly in a warm environment.
Alejandro es un joven emprendedor con gran proyección y grandes sueños.
El es dueño de dos negocios que con mucho esfuerzo logro montar y levantar.
Uno de ellos es una venta de comidas rápidas como hamburguesas, perros calientes y chuzos; el otro negocio es un café internet. Ambos establecimientos están bien consolidados.
El solicita un préstamo para realizar algunas mejoras locativas al negocio de comidas y realizar mantenimiento a uno de los enfriadores donde guarda las gaseosas.
Con este apoyo económico podrá tener sus activos en óptimas condiciones para ofrecer siempre sus productos de manera oportuna y de muy buena calidad, además de atenderlos en un ambiente cálido y con unas condiciones impecables.
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.