Check out some available loans that are similar to this one!
Olga Mercedes
Olga’s a humble resident of Granada; she’s 29-years-old, married and mother of three children aged 4, 9, and 12 years. Three of them currently attend school. She’s a merchant; she works selling nacatamales [Nicaraguan-style tamales] and fried plantain. She started in commerce at the age of 16 selling enchiladas and did very well. She decided to use profits obtained from that to sell nacatamales to increase income and get ahead with her family. She sought another way to earn her daily bread selling raffle tickets. Currently, the nacatamales business survives and she’s able to pay for her children’s schooling.

She’s asking for the loan to buy rice, chicken, tomatoes, onions, potatoes, etc. because she feels this loan will help her buy all the raw materials needed to make nacatamales with the goal of increasing sales to earn extra income. Her future plan is to improve her house’s infrastructure.
View original language description ↓
Olga una humilde señora habitante de Granada, tiene la edad de 29 años, casada, madre de 3 hijos entre las edades de 4, 9 y 12 años, actualmente los tres están estudiando, de oficio comerciantes, se dedica a la venta de nacatamales y fritos. Inicio en el ámbito del comercio a la edad de 16 años vendiendo enchiladas, la cual le fue muy bien y de las ganancias que obtuvo, decidió vender nacatamales para aumentar sus ingresos y poder salir adelante con su familia. Busco otra manera de ganarse el alimento de cada día vendiendo rifa. Actualmente sobrevive del negocio de venta de nacatamales y paga los estudios de sus hijos.
Ella está solicitando el financiamiento para comprar arroz, pollo, tomate, cebolla, papa, etc. ya que ella estima que este crédito le ayudaría a comprar toda la materia prima que necesita para la elaboración de sus nacatamales con el objetivo de incrementar sus ventas para obtener ingresos extras, sus planes futuros es mejorar la infraestructura de su casa.

About Nicaragua

  • $4,800
    Average annual income
  • 129
    View loans »
    Nicaragua Loans Fundraising
  • $24,535,925
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $325 helped Olga Mercedes to buy rice, chicken, tomatoes, onions, potatoes, etc.
100% repaid
Repayment Term
11 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jan 16, 2013
Listed
Jan 24, 2013
Currency Exchange Loss:
N/A
Ended:
Nov 17, 2013