Alejandro, at 18 years of age, has 4 years’ experience in the tattoo world, as he has been passionate about this body art since he was very young.
He has a formal business, and he knows that in order to move forward he must improve its appearance and have enough tools for a good service, such as tattoo guns, inks, catalogs, and pictures in his shop.
He wants to request a loan in order to purchase a tattoo gun, colored inks, and pictures of his most representative tattoos; and to make changes to the shop, such as painting it, The loan will be of great importance, as he is just becoming known in the marketplace.
He is just an 18-year-old young man who only wants to make progress and earn his living simply and honorably. And, he wants to have the capital in order to study and help his parents, who have spent so much time raising and educating him.
Alejandro a sus 18 años de edad cuenta con 4 años de experiencia en el mundo de los tatuajes y es que desde muy joven se ha apasionado por este arte corporal.
Tiene un negocio formalmente montado y sabe que para seguir adelante debe mejorar el aspecto y tener herramientas suficientes para un buen servicio como pistolas, tintas, catálogos, e imágenes en su local.
Quiere solicitar un crédito para la compra de pistola para tatuar, de tintas de colores, realizar adecuaciones al local como cuadros con sus tatuajes más representativos, pintar el local.
El crédito será de gran importancia pues apenas se está dando a conocer al mercado, es tan solo un joven de 18 años que solo quiere progresar, ganar su vida humilde y honradamente, tener capital para estudiar y ayudar a sus padres que tanto tiempo lo criaron y lo educaron.
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.