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Rosario
Dona Rosario is from San Lorenzo-Teustepe. She is married and has 9 grown children, all living away from their mother's house. Dona Rosario is a farmer. She has grown rice for 5 years. She raised and sold animals before but her earnings were too meager to continue and she switched to rice farming when she saw that it was more profitable. She sells to people in her community because she knows them and because her selling costs are less since she doesn't have to transport her crop to another town. Her children help her on the farm. Dona Rosario says that she wants to continue the business and focus on good-quality products. She is applying for a loan that she will use to prepare her fields and buy the supplies she needs--fertilizers, manure, etc.--to ensure a good yield from her next crop. For the future, she wants to buy cattle that she raise and sell for extra income. Her immediate plan is to plant 2 tracts of rice and use the income to pay off this loan. She is grateful to Kiva lenders for their support because they have made it possible for her to build her business and make a better life.
View original language description ↓
Doña Rosario es originaria de San Lorenzo-Teustepe, casada, madre de 9 hijos mayores de edad, viven independientes, ella se dedica a la agricultura específicamente a la siembra de arroz desde hace 5 años, anteriormente su actividad era la ganadería pero dejo de hacerla porque no le generaba muchos ingresos, vio que el negocio de siembra de productos básicos era mas rentable, ahora sus productos los comercializa en la misma comunidad ya que cuenta con clientes fijos y para evitar gasto de transporte, en su negocio recibe el apoyo de sus hijos que la ayudan con la siembra de productos, su expectativa es seguir en su negocio y diversificarse en productos de calidad. Solicito el crédito para la compra de insumos, fertilizantes, abonos y preparación de las tierras con el objetivo de obtener un mejor rendimiento en la cosecha de este año, sus planes futuros es comprar sus ganados para obtener otros ingresos, sus metas próximas es sembrar 2 manzana de arroz y con las ganancias que le genere la cosecha cancelar el préstamo, ella espera seguir contando con el apoyo de Kiva para cumplir su sueño de mantener su negocio y poder salir adelante.


About Nicaragua

  • $3,636
    Average annual income
  • 162
    View loans »
    Nicaragua Loans Fundraising
  • $23,188,275
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $475 helped Rosario to prepare her field and buy supplies for her next crop.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Irregularly
Pre-Disbursed:
Jun 6, 2012
Listed
Jun 22, 2012
Currency Exchange Loss:
N/A
Ended:
Jul 18, 2013