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Olga Lidia
Mrs. Olga Lidia E. E. is 32 years old and married with a seven-year-old daughter. She works creating blouses and selling clothing. Three years ago, Olga's husband returned from the United States because he fell ill and was unable to continue working; seeing the need to work, they decided to open a business, and they decided on selling agrochemicals because in their town, the majority of the families work in agriculture, so the business would be viable. The couple decided to use some savings to begin the business, but they need a little more capital to offer all that their clients need. For this reason, they decided to apply for this loan to buy chemical products for agriculture. Olga's dream is to be able to expand her business to have a better future.
View original language description ↓
La señora Olga Lidia E. E. de 32 años de edad es casada tiene una hija de 7 años de edad , ella se dedica a confeccionar blusas típicas y tiene una venta de ropa típica. Hace tres años su esposo regreso de los estados unidos porque se enfermo y no pudo seguir trabajando más , entonces viendo la necesidad de poder trabajar decidieron abrir un negocio y pensaron en una agroquímica ya que en este pueblo la mayoría de familias se dedican al cultivo entonces se dieron cuenta de que este negocio si es rentable , y decidieron utilizar un ahorro que tenían para iniciar pero necesitan otro poco de capital para que puedan tener todo lo que sus clientes necesitan por esa razón decidieron solicitar este credito para la compra de productos quimicos para la agricultura su sueño es poder agrandar mas su negocio para tener un mejor futuro.

Additional Information

About FAPE

FAPE, the Foundation for the Assistance of Small Businesses, is a nonprofit, socially-minded institution that provides loans to micro-entrepreneurs across Guatemala.

About Guatemala

  • $4,155
    Average annual income
  • 62
    View loans »
    Guatemala Loans Fundraising
  • $8,830,375
    Funds lent in using Kiva
  • 7.6
    Guatemala Quetzales (GTQ) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,200 helped Olga Lidia to buy agricultural chemicals.
100% repaid
Repayment Term
25 months (Additional Information)
Repayment Schedule
Irregularly
Pre-Disbursed:
Apr 16, 2011
Listed
Jun 1, 2011
Currency Exchange Loss:
Possible
Ended:
Aug 16, 2012