Funded

Total loan: $2,150
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Olga Lucía


A loan of $2,150 helped to expand and fix up her business and buy stock (soft drinks, coffee, beer, pastries).


Olga Lucía's story

Olga is 33 years old, the mother of two children, 11 and 14 years old. She lives with her common law partner. For the past 13 years she has run a business, that her father-in-law left her as an inheritance, a bar that offers soft drinks, beer, coffee, pastries and other products. The business has been in existence for 50 years, so it is well known in the area it is located in.

Olga learned this business by working in it and with the help of her husband and an employee has been able to maintain it. But due to financial difficulties she has not been able to invest money to make the business grow, since up to now she has only made enough to support her household. So she is requesting this loan to expand and fix-up the business and to buy stock (soft drinks, coffee, beer, pastries). Doing this she can improve the image of the business which will change the customers perception of it. She will also have a variety of products to offer, which will be reflected by higher sales and in the end, greater profits.

She can also advance towards the accomplishment of her main goal, which is to expand her business, stock it well, and in the short term install a few billiard tables to increase the influx of clients. With which she can enjoy more economic stability, provide better education for her children and enjoy a higher standard of living for her family.

Translator profile picture

Translated from Spanish by Kiva volunteer leonard delaney



Loan details

Loan length:

26 months
Disbursed date: July 15, 2013

Lenders and lending teams



Loan details

Loan length:

26 months
Disbursed date: July 15, 2013