Update on Rode MariaRode is 35 years old. She is married with two children, ages 9 and 18, who are under her responsibility. They are studying at university and in elementary school. She is originally from Carazo, which is located in the northern area of the region. Rode is known for being hardworking and responsible and striving to improve herself. In her free time, Rode enjoys spending time with her children. She fights day by day to offer them a better future.
Thanks to her effort and her hopes to get ahead, she has had a pharmacy located in her house for 15 years. She started the business with a little bit of money that she had saved. Little by little, with a lot of effort, she stocked her pharmacy. Rode works her business 10 hours a day, offering her products, an activity that she performs with pleasure. Her goal for the loan is to stock her pharmacy with ethical and generic products, such as acetaminophen, diclofenac, talerdin, corilin, dolo-vitalgia, cardiosar, losartan, glibenclamida, ibuprofen, Kidi, and Scott's emulsion, so that she can have better income in the near future. Rode is thankful for the help that Kiva investors offer to people with scarce resources and to countries such as Nicaragua to have a means of good work.
Gracias a su esfuerzo y sus ganas de salir adelante tiene por actividad económica una farmacia ubicada en su casa de habitación, desde hace 15 anos. El negocio lo inicio con un poco de capital que tenía ahorrados y poco a poco ha surtido su farmacia con mucha esfuerzo. Ella dedica a su negocio unas 10 horas diarias ofreciendo su producto, actividad que la desempeña con mucho gusto. El objetivo del crédito es surtir su farmacia con productos éticos y genéricos como: acetaminofén, diclofenad, talerdin, corilin, dolovitalgia, cardiosar, losartan, glibenclamida, ibuprofeno, kidi, emulsión de escott, para que en un futuro no muy lejano pueda obtener mejores ingresos. Rodé agradece la ayuda que los inversionistas kiva le brindan a personas de escasos recursos y países pobre como es Nicaragua para tener un medio de trabajo digno.
Previous Loan DetailsRode Maria is 32 years old, married, and has one dependent child. She has been running a pharmacy in her home for more than four years. She started this business as she needed income to support her family. With a lot of effort, she managed to obtain her own capital and also received the suppor... More from Rode Maria's previous loan »
Fundación Leon 2000This 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.
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This loan has been fully funded!