A loan of $500 helped to pay for repairs to her chicken coop and to purchase 150 baby chicks.

Olga's story

Olga, age 54, is a hardworking and dynamic woman. She is married to Américo, who transports cargo and is the father of their three children. Two of them are already independent. They now live with their youngest son Arney, age 31, in their own home.

Olga raises chickens. She has a small coop that has the capacity for housing 100 chickens on the second floor of her home. When the chickens are grown, they are eventually sold at the local market. Olga started this business a year ago using capital from her savings. Her son helps with cleaning the coop and feeding the chickens. She enjoys this business because she is able to have additional income for unexpected household expenses. Working also makes her feel like a productive woman. On one occasion several of her chickens died as a result of disease, which resulted in losses. She was able to overcome that setback with the support from MFP.

This is her fourth loan with the organization. Since she has completed her payments, Olga has established a good credit record. She feels very good about her Communal Bank since she considers all of the members to be sociable and supportive. The amount of 1,300 PEN that she requested will be invested in repairs to her chicken coop. She will buy corrugated metal sheets for the roof and organic scrap to spread on the floor. In addition, she will acquire 150 baby chicks so that she can start a new production cycle.

Translator profile picture

Translated from Spanish by Kiva volunteer Ronan Reodica

Loan details

Lenders and lending teams

Loan details