Marcos Herminio Rodríguez Picado
Status: Paid Back
| $250.00 | Loan Request | |
|---|---|---|
| $250.00 | Paid Back |
About the Entrepreneur
| Name: | Marcos Herminio Rodríguez Picado |
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| Location: | Managua, Nicaragua |
| Activity: | Personal Products Sales |
About the Loan
| Loan Amount: | $250.00 |
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| Loan Use: | Buying sunglasses |
| Repayment Term: | 5 months - View details below |
| Lenders Repaid: | Monthly |
| Currency Exchange Loss: | Covered  |
| Date Listed: | Apr 19, 2009 |
| Date Disbursed: | Mar 18, 2009 |
| Date Funded: | Apr 19, 2009 |
| Loan Ended: | Jul 15, 2009 |
About the Field Partner
About the Field Partner
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| Field Partner: | CEPRODEL |
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| Field Partner Risk Rating: | |
| Fundraising Status: | Active |
| Time On Kiva: | 25 months |
| Kiva Entrepreneurs: | 2280 |
| Total Loans: | $1,121,900 |
| Delinquency Rate: | 0.65% |
| Default Rate: | 0.00% |
| Currency Exchange Loss Rate: | 0.00% |
| More on this field partner >> | |
About the Country
| Country: | Nicaragua |
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| Avg Annual Income: | $3,636.00 |
| Currency: | Nicaragua Cordobas (NIO) |
| Exchange Rate: | 20.2525 NIO = 1 USD |
Mr. Marcos Rodríguez works as a street vendor in the Mayoreo Market in the city of Managua. He has sold sunglasses, glasses and watches for 15 years.
Now he needs to invest in buying more products to resell because in the summertime, many people need sunglasses when they go to the beach. For this reason he has turned to Ceprodel to ask for a loan to buy these products and continue to sell in the Mayoreo market.
El señor Marcos Rodríguez se dedica a laborar vendiendo ambulantemente en el Mercado Mayoreo en la ciudad de Managua ofertando gafas, lentes y relojes dedicándose a esta actividad desde hace 15 años.
Actualmente requiere invertir en la compra de los productos para ofertarlos debido a que al estar en verano, las ventas de las gafas se aumenta porque muchas personas las adquieren para realizar sus visitas al mar. Es por esta razón que él ha acudido a Ceprodel para solicitar un crédito para la compra de dichos productos y así proceder a su venta en el mercado Mayoreo.
Now he needs to invest in buying more products to resell because in the summertime, many people need sunglasses when they go to the beach. For this reason he has turned to Ceprodel to ask for a loan to buy these products and continue to sell in the Mayoreo market.
Translated from Spanish by Jennifer Chong, Kiva Volunteer
El señor Marcos Rodríguez se dedica a laborar vendiendo ambulantemente en el Mercado Mayoreo en la ciudad de Managua ofertando gafas, lentes y relojes dedicándose a esta actividad desde hace 15 años.
Actualmente requiere invertir en la compra de los productos para ofertarlos debido a que al estar en verano, las ventas de las gafas se aumenta porque muchas personas las adquieren para realizar sus visitas al mar. Es por esta razón que él ha acudido a Ceprodel para solicitar un crédito para la compra de dichos productos y así proceder a su venta en el mercado Mayoreo.
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Journal entries for Marcos Herminio Rodríguez Picado
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Loan has been disbursed
Location: Managua, Nicaragua
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Posted by
from Managua, Nicaragua
Apr 20, 2009 |
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Comment on this entry
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Repayment Schedule for Marcos Herminio Rodríguez Picado
Repayment Schedule for Marcos Herminio Rodríguez Picado
| Expected Repayments | Actual Repayments | Comments | |||
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| June 2009 | $144.48 | $144.46 |  Repayment Received
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| July 2009 | $84.25 | $84.25 | Repayment Received
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| August 2009 | $21.27 | $21.29 | Repayment Received
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