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Olga
Olga is 44 years old and a hard-working mother. She is married and has 3 children. She lives with two of them and her husband in their own house. She prepares and sells food. The dishes she cooks are the most demanded by her clients, and so she has managed to increase her income. On the other hand, she also rents out parasols during the summer season, which helps boost her profits a little bit more.

Her husband is a builder, which has enabled him to build their home. He has been working in the construction sector for 8 years and he’s now planning to roof and finish their house. Olga is very happy with these achievements and the fact that she will soon be living comfortably in her own home. She is looking forward to the improvements in her and her family’s quality of life once the house has been roofed and finished.

This is her first loan with MFP. She is aware that the amount will enable her to continue building her home, and she is committed to making all payments on time. With the loan money she plans to buy concrete and sand to finish the roofing.
View original language description ↓
Olga, de 44 años, es una madre de familia muy trabajadora, casada y tiene 3 hijos de las cuales comparte su vida a lado de dos de ellos y de su esposo en su casa propia. El trabajo al que se dedica es la preparación y venta de comidas, desde entonces los platillos que prepara son los más solicitados por sus clientes, logrando aumentar sus ingresos económicos. Por otra parte, también trabaja alquilando sombrillas para la temporada de verano, eso hace que sus ganancias aumenten un poco más. En tanto su esposo es albañil, lo que le ha permitido edificar su casa, lleva 8 años trabajando en el rubro de la construcción y ahora planea techar y terminar de construir su vivienda. Olga se siente muy contenta con los logros que tiene y que pronto podrá vivir en su casa cómodamente. Por lo tanto espera se concrete de techar y dar los acabados que le falta y de ese modo mejorar su calidad de vida y de toda su familia. Este es su primer crédito con MFP y sabe que este aporte le será muy beneficioso para continuar de construir su casa, por ello se compromete en pagar todas sus cuotas oportunamente. Con éste crédito que solicita, piensa comprar bolsas de cemento y arena para terminar de techar.

Additional Information

About Housing Loans

Many poor families cannot afford housing that meets their needs. When you make a housing loan on Kiva, you give people access to flexible capital to obtain or improve their homes. Better housing means better health, sanitation, and even educational outcomes for children. A house can also be much more for entrepreneurs who run businesses out of their homes. In this way, housing and small business loans on Kiva share a common purpose: to alleviate poverty and enable families to enjoy more stable lives.

About Peru

  • $6,715
    Average annual income
  • 97
    View loans »
    Peru Loans Fundraising
  • $55,041,650
    Funds lent in using Kiva
  • 2.8
    Peru Nuevos Soles (PEN) = $1 USD

Success!! The loan was 100% repaid

A loan of $900 helped Olga buy bags of concrete and sand to roof her house.
100% repaid
Repayment Term
15 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
May 31, 2010
Listed
Jul 1, 2010
Currency Exchange Loss:
Possible
Ended:
Aug 15, 2011