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Olga
Olga B. R. is fifty-one years old and has three children. Her husband is an electrician and Olga sells beers and other bottled drinks for a living from her home. Olga lives in the Pedro Portillo urbanization in Pucallpa, Peru – a major city in the Peru’s Amazonian River basin region.

Olga has been taking out loans with the Manuela Ramos microfinance institution for two years now. She is a member of the communal bank Mujeres Emprendedoras, or “Women Entrepreneurs”. Olga first started out with a loan of S/300 or just $100. Through the years and her ontime payments, Olga has been able to up her loan amounts to double and triple her previous loans.

Olga is currently requesting S/1,500 to fund the purchase of a new refrigerator where she will store and cool her products. She will also use the capital to purchase beers and flavored sodas to sell to her customers in the neighborhood.

About Peru

  • $6,715
    Average annual income
  • 67
    View loans »
    Peru Loans Fundraising
  • $53,916,525
    Funds lent in using Kiva
  • 3.1
    Peru Nuevos Soles (PEN) = $1 USD

Success!! The loan was 100% repaid

A loan of $500 helped Olga olga would like to buy a refrigerator where she can keep her beers and sodas to sell cold.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Dec 16, 2008
Listed
Jan 10, 2009
Currency Exchange Loss:
Covered
Ended:
Jul 15, 2009