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Olga Oliva
Olga’s 47 years old and lives alone in Pimampiro which is located an hour away from Ibarra in Imbabura Province, Ecuador. She describes herself as a responsible, hardworking and enterprising person. Olga works by herself as a dressmaker. She makes all kinds of articles of clothing for children and adults.

This is her 10th loan with Fodemi that she’ll use to buy a sewing machine because the one she has is in poor condition and does not let her do her work well and is her only work tool to generate production. With this investment she’ll increase productivity organizing her time to generate increased income. Her dream is to have a large locale with ten sewing machines and to be able to hire personnel so that her business will become a large clothes making micro business.
View original language description ↓
Olga tiene 47 años, vive sola en Pimampiro que se encuentra a una hora de Ibarra en la Provincia de Imbabura-Ecuador. Olga se describe como una persona responsable, trabajadora y emprendedora.

Olga trabaja sola en la profesión de corte y confección, ella elabora toda prenda de vestir para niños y adultos. Es su décimo crédito con Fodemi el mismo que va a ocupar invirtiendo en la compra de una máquina de cocer ya que la actual está en malas condiciones y no le deja cumplir bien su trabajo y es su única herramienta para generar producción; con esta inversión auemntaría su productividad optimizando su tiempo y así generará mayores ingresos económicos.

Su sueño es poder tener un local grande, con unas 10 máquinas y poder emplear a personal para que su negocio se convierta en una gran miroempresa de confeción de prendas de vestir.

Additional Information

About FODEMI, a partner of World Vision International

FODEMI is a microenterprise development fund that supports groups of entrepreneurs who lack access to formal financial systems. The organization works with vulnerable populations, especially women, in the marginalized urban and rural sectors of Ecuador. Its clients work in a variety of sectors including agriculture, artisan crafts and the commercial and service sectors. Kiva lenders’ funds are used to expand the organization’s services to the poor living in more rural parts of Ecuador.

About Ecuador

  • $10,200
    Average annual income
  • 17
    View loans »
    Ecuador Loans Fundraising
  • $22,607,425
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $500 helped Olga Oliva to buy a sewing machine.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Oct 7, 2011
Oct 26, 2011
Currency Exchange Loss:
Apr 15, 2012