Check out some available loans that are similar to this one!
Olga María
The Atenas Communal Bank of Ecuador is made up of a group of visionary women, like Olga Álvarez, who are prepared to help their families get ahead. Olga has been a member of this bank for ten years. Her house, although small, is her own, and she lives there with her husband, who works as a taxi driver, and five of their six children. The eldest daughter is married and lives elsewhere. Her 26- and 24-year-old work and help support the family, while the three youngest study in college and high school respectively.

This bank is located in the city of Cuenca, capital of the Azuay Province, which is located in the southern part of Ecuador's Andean mountain range; it is the third most important city in Ecuador and is known for maintaining the tranquility and beauty of an ancient city. Its historic center was declared a World Heritage Site by UNESCO in 1999.

Olga has run a grocery store for 20 years. She works from 6 am until 9 pm. She is very happy to be part of this beautiful group of women since through the years they have all developed strong ties of companionship and friendship. With the loan money, she will buy rice, sugar, salt, pasta, cleaning products and personal care products to stock her store.

Her goal is to be able to add on to her house.
View original language description ↓
El Banco Comunal Atenas del Ecuador está formado por un grupo de mujeres visionaria, dispuestas a salir adelante con sus familias como la señora Olga Álvarez es socia de éste banco hace diez años, vive en su casa propia aunque pequeña con su esposo que trabaja conduciendo un taxi y sus cinco hijos de seis ya que la mayor es casada y vive independiente, sus hijos de 26 y 24 años trabajan y aportan económicamente para la casa, sus tres últimos hijos estudian en la Universidad y colegio respectivamente. Este banco se encuentra en la urbe de la ciudad de Cuenca capital de la provincia del Azuay situada en la parte meridional de la Cordillera andina ecuatoriana; es la tercera ciudad de mayor importancia en el Ecuador y se caracteriza por mantener la tranquilidad y hermosura de una ciudad antigua. Su centro histórico fue declarado Patrimonio de la Humanidad por la UNESCO en el año 1999.

Nuestra socia es dueña de una tienda de víveres hace veinte años, labora en su negocio desde las 6 a.m. hasta las 9 p.m. se siente muy contenta de formar parte de este hermoso grupo de mujeres ya que durante todos estos años han llegado a tener lazos muy fuertes de compañerismo y amistad con todas las socias de su banco comunal. Con el dinero que reciba del credito solicitado va a comprar arroz, azúcar, sal, fideos, artículos de limpieza y cuidado personal para abastecer su tienda.

Su meta es llegar a ampliar su casa.

About Ecuador

  • $10,200
    Average annual income
  • 58
    View loans »
    Ecuador Loans Fundraising
  • $23,490,725
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $1,100 helped Olga María purchase of rice, sugar, salt, pasta, cleaning products and personal care products to stock her store.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Apr 9, 2010
Listed
May 3, 2010
Currency Exchange Loss:
N/A
Ended:
Sep 15, 2010