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Dionisio Rene

Update on Dionisio Rene

Dionisio René is married with three minor children. His job is selling plants and gardening, which he has done for several years as work he inherited from his parents. Currently he is becoming responsible for the work tool he has learned how to use and improve himself in clientele, quality, and economically.

With the support of Fundación León 2000, he is requesting a loan to buy work materials such as flowers of different colors, natural flowers, "arterial" flowers, lawnmowers, rakes, scissors, fumigators, and others.
View original language description ↓
Dionisio René casado con dos tres hijos menores de edad, tiene por actividad económica venta de planta y jardinería en la cual se ha desempeñado desde hace varios años como herencia de trabajo de sus padres, en la actualidad el se está haciendo cargo de dicha herramienta de trabajo la cual ha sabido trabajarla y superarse en clientela calidad y económicamente, con el apoyo que fundación león 2000 le ha brindado, el está solicitando el financiamiento para comprar material de trabajo como: flores de diferentes colores, flores naturales, flores arteriales, podadoras, rastrillos, tijeras, fumigadoras, entre otros.

Previous Loan Details

Dionisio, 38, lives in his house with his minor children and his life partner. For the last 8 years this enterprising man sells plants and provides gardening services. He is very satisfied with the business because it’s very productive. The only thing holding him back is not having a space roo... More from Dionisio Rene's previous loan »

Additional Information

Fundación Leon 2000

This loan is administered by Fundación Leon 2000. Fundación Leon 2000 began operations in 1993 as the first microfinance institution to serve the western part of Nicaragua, a country which continues to be one of the poorest in the western hemisphere. Fundación Leon 2000 works to further the development of micro, small, and medium enterprises through credit services and management, applying the best credit industry practices and technical expertise. Additionally, Fundación Leon manages several business and financial education programs in the community, specifically for young entrepreneurs and at-risk youth. Fundación Leon 2000’s group of experienced and dedicated employees works in 7 offices in Leon, Chinandega, Chichigalpa, Somotillo, Jinotepe, El Sauce, and Nagarote and serves several thousand clients (the majority of whom are women).

Concurrent and Successive Loans

Our Field Partners often work with borrowers over a series of loans as the borrowers build credit, take out bigger loans, and expand their businesses. In order to make it easier for our Field Partners to post loans for borrowers who have been listed on Kiva before, we allow them to post successive and concurrent loans for their Kiva borrowers. This means that our Field Partners are able to post a borrower's second, third, etc., loan on Kiva without having to re-enter all of the borrower's information.

This borrower has been listed on Kiva before, so you'll see an updated loan description, as well as excerpts of the original descriptions from earlier loans. Most borrowers take out loans consecutively, meaning that they receive a second loan after having repaid the first. However, sometimes our Field Partners give out concurrent loans, allowing borrowers to take out one primary loan and a secondary "add-on" loan along with it. These "add-on" loans are typically smaller than the borrower's primary loan and serve a different purpose. Because Field Partners can now post loans as successive and concurrent loans, you will be able to track borrower progress over time and see the various ways a borrower is working with our Field Partners through funds from Kiva’s lenders.

About Nicaragua

  • $4,800
    Average annual income
  • 77
    View loans »
    Nicaragua Loans Fundraising
  • $25,413,450
    Funds lent in using Kiva
  • 23.5
    Nicaragua Cordobas (NIO) = $1 USD
A loan of $600 helped Dionisio Rene to buy flowers, lawnmowers, rakes, scissors, fumigators, and other supplies.
Repayment Term
14 months (Additional Information)
Repayment Schedule
May 7, 2012
Jun 7, 2012
Currency Exchange Loss:
Jul 7, 2012
This photo was used before for a previous loan for Dionisio Rene. It was first posted on Kiva on Mar, 2011. Learn More