Check out some available loans that are similar to this one!
Olga Maria
Olga is 72 years of age. She is originally from Rivas, but she has been residing in Managua for seven years. She is single and a mother of four children, all of whom are adults and independent. She runs a grocery store that she has operated for over four years and sells cosmetics. She has a formal education up to the third grade. She started her business selling cosmetics with her own capital.

She has traveled to Guatemala to purchase an assortment of merchandise because [this method] has had positive results and has enabled her to obtain good profits to support her family. She also receives a pension from the government for children who died in the war and for disability. After some time passed, she decided to start another business, a grocery store, with the help of financing from financial institutions. She relies on the support of her daughter and granddaughter [in this endeavor].

Olga requested the financing to buy oil, sugar, cookies, soap, deodorant, shampoo, bleach, and toilet paper, [among other items]. She believes that the credit would help her to purchase all the general merchandise that she needs in her grocery store, [which will allow her] to increase her sales and obtain better profits with the intent to expand her business and satisfy the needs of her customers.
View original language description ↓
Olga de 72 años de edad, originaria de Rivas, pero tiene 7 años de residir en Managua, soltera, madre de 4 hijos, mayores de edad, todos son independiente, de oficio comerciante, se dedica al negocio de pulpería y venta de cosméticos, de la que es propietaria hace más de 4 años, con conocimiento académico de tercer grado de primaria. Inicio su negocio con capital propio vendiendo cosméticos, ya que ella viajaba a Guatemala a comprar su mercadería variada porque le salía un poco favorable y de esta manera pudo obtener buenos ingresos para el sustento de la familia, ella también recibe una pensión que le da el gobierno por hijos muertos en la guerra y por incapacidad, luego con el tiempo ella decidió emprender otro negocio como es el de pulpería con ayuda de financiamiento de instituciones financieras. Ella cuenta con el apoyo de su hija y nieta.
Olga solicita el financiamiento para comprar aceite, papel higiénico, jabón, azúcar, desodorante, shampo, galleta, cloro, etc. Ya que ella estima que el crédito le ayudaría a comprar toda la mercadería en general que necesita en su pulpería, para poder incrementar sus ventas y así obtener mejores ganancias, con el propósito de ampliar su negocio y satisfacer las necesidades de sus clientes.

About Nicaragua

  • $3,636
    Average annual income
  • 128
    View loans »
    Nicaragua Loans Fundraising
  • $23,820,300
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $750 helped Olga Maria to buy oil, sugar, cookies, soap, deodorant, shampoo, bleach, and toilet paper, [among other items].
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jan 11, 2013
Listed
Jan 15, 2013
Currency Exchange Loss:
N/A
Ended:
Oct 18, 2013