Olga


Status: Paid Back

$925.00   Loan Request
$925.00   Paid Back

About the Entrepreneur

(For privacy reasons, the Field Partner has requested that last name be undisclosed)
Name: Olga
Location: Ayacucho, Peru
Activity: Restaurant

About the Loan

Loan Amount: $925.00
Loan Use: To buy rice, sugar, oil, flour, vegetable soups, and salt.
Repayment Term: 6 months - View details below
Lenders Repaid: Monthly
Currency Exchange Loss: Covered
Date Listed: Mar 4, 2009
Date Disbursed: Feb 18, 2009
Date Funded:Mar 5, 2009
Loan Ended:Jul 15, 2009

About the Country

Country:Peru
Avg Annual Income:$6,715.00
Currency:Peru Nuevos Soles (PEN)
Exchange Rate:3.2750 PEN = 1 USD



Olga is a member of the Community Bank, "Tarpuy", which means sowing in quechua. Olga is married, is 35 years old and has 2 children. Olga has a restaurant called "El Misquicha", which means "the deliciousness" in quechua. The restaurant is located on a busy avenue. Olga is finishing her culinary studies and is thinking of beginning her business with the sale of chinese food. Olga needs a loan of 3000 soles to invest in the purchase of rice, sugar, oil, flour, vegetable soups, and salt. Olga's dreams are to buy a house and to have her own premises for her business.

Translated from Spanish by Anne Rodriguez, Kiva Volunteer


Olga es socia del Banco Comunal Tarpuy que significa Siembra en quechua.
Olga es casada, tiene 35 años y 2 hijos, Olga tiene un restaurante llamado El Misquicha que Significa El Riquísimo en quechua, que se ubica en una avenida concurrida, Olga esta culminando sus estudios de Cheff y piensa implementar su negocio con la venta de comida china.
Olga necesita un préstamo de 3000 soles dinero que será invertido en la compra de arroz, azúcar, aceite, harina, menestras y sal.
Los sueños de Olga son comprar una casa, tener un local propio.


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Journal entries for Olga


Loan has been disbursed
 
Entrepreneur: Olga
Location: Ayacucho, Peru

Thank you for your loan. It has been disbursed to Olga by FINCA Peru in Peru. We are excited to watch this business grow. Over the 3 months of this loan, FINCA Peru will be collecting repayments from this entrepreneur and posting progress updates on the Kiva website.


Posted by from Ayacucho, Peru
Mar 6, 2009
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Kiva Help Repayment Schedule for Olga

  Expected Repayments Actual Repayments Comments
May 2009 $231.25 $231.25 Repayment Received
June 2009 $231.25 $231.25 Repayment Received
July 2009 $231.25 $231.25 Repayment Received
August 2009 $231.25 $231.25 Repayment Received