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Olga,

Olga is 30 years old and has been bottling and selling ground cinnamon to small shops. In addition to this business, Olga has also been selling basic groceries and vegetables from her small cart for the last four years. Her husband is now managing this business as Olga health is delicate due to her pregnancy. Olga and her husband are young, but they work hard to make their businesses successful so that they can provide a good home and a good education for their three children ages 14, 11 and 8.



In the near future, they would like to open a shop in their own home, instead of selling items from the cart. They will use the loan to make this investment.

View original language description ↓
Con treinta años de edad Olga ha cumplido veinte años vendiendo canela molida embasada por ella misma al por mayor ofreciéndolas en tiendas minoristas. No obstante, no es el único trabajo que maneja Desde hace cuatro años también atiende en su puesto ambulante de abarrotes y verduras Negocio que por ahora su esposo se encarga de mantener mientras el esta de vacaciones y ella se encuentra delicada de salud debido a su embarazo. Por otro lado, Olga también vende carbón en su casa.
Olga y su esposo, son jóvenes aun pero tienen mucha fuerza para llevar a cabo diversos proyectos. Todo siempre con el fin de mantener el bienestar de su hogar y la educación de sus tres hijos mayores, de catorce, once y ocho años.
Dentro de poco, Olga y su esposo piensan abrir una tienda de abarrotes en su propia casa. Solo esperan poder reunir todo el capital que requieren para ello.

Additional Information

About EDAPROSPO

EDAPROSPO seeks to use micro-credit to foster productive commercial activity for the sake of economic and social development within vulnerable urban and rural sectors traditionally neglected by commercial banks. By offering innovative products such as technical education loans and microfinance groups for young people, EDAPROSPO helps disadvantaged Peruvians lift themselves out of poverty.

About Peru

  • $12,000
    Average annual income
  • 127
    View loans »
    Peru Loans Fundraising
  • $57,346,375
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $325 helped Olga, to purchase merchandise for a shop they want to set up in their home.
100% repaid
Repayment Term
5 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Feb 20, 2009
Listed
Mar 9, 2009
Currency Exchange Loss:
N/A
Ended:
Jul 2, 2009