Adriana, 49, is an entrepreneur with vast experience in different fields. She has a multi-faceted business since she runs a grocery store Monday through Friday, sells liquor on the weekends and also has a billiard game activity.
She is a hard-working woman and employs one other person every day.
She wants to increase her work capital and stock a wider variety of products for her customers, so she is requesting support to buy staple goods to stock her shelves with different products.
Her biggest challenge is her economic situation and the fact that there is construction work going on right outside her business.
Adriana es una emprendedora mujer de 49 años con vasta experiencia en diferentes campos.
Ella tiene un negocio multifacético ya que tiene una tienda de abarrote de lunes a viernes, los fines de semana vende licor en su establecimiento y de igual modo ofrece el servicio de billar.
Es una mujer trabajadora y genera empleo a una persona todos los días.
Ella desea aumentar su capital de trabajo y tener un inventario de productos mucho más nutrido para ofrecer a sus clientes, por esta razón pide un auxilio económico para comprar productos de la canasta familiar y así abastecer sus estanterías con multiplicidad de productos.
Su principal desafío es la situación económica y la ejecución de unas obras al frente de su negocio.
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.