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Rodolfo Eduardo

Update on Rodolfo Eduardo

Rodolfo is requesting a new loan to buy women's, men's and children's clothing, because he feels a new investment is necessary to strengthen his business. He will buy blouses, shirts, pants, and underwear for different age groups, and this will help him maintain customer loyalty so he can continue working for his family.

With the previous loan he was able to penetrate the market better and increase his range of clothing products. His family economic situation has improved and become stable since the family has not grown.
View original language description ↓
Rodolfo, Esta solicitando un nuevo préstamo para poder realizar la compra de ropa nueva para damas, caballeros, y niños, pues considera ser necesaria una nueva inversión para poder fortalecer el negocio comprándose blusas, camisas, pantalones, ropa interior, para diferentes edades, este le ayudará a mantenerse con su clientela es poder continuar trabajando para su familia.

Con el préstamo anterior logró tener un mejor efecto logrado mejorar el negocio, creciendo en la variedad de prendas de vestir, su situación económica ha mejorado su familia, actualmente se encuentra estable no han incrementado ningún miembro en su familia.

Previous Loan Details

Rodolfo has a business selling American clothing. He is 19 years old, lives with his wife and his parents, and is the father of a 1 year-old child. Rodolfo started a business 3 years ago with his wife, and he has a good number of customers. Rodolfo is requesting a loan to buy clothing to sel... More from Rodolfo Eduardo's previous loan »

Additional Information

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 El Salvador

  • $4,900
    Average annual income
  • 467
    View loans »
    El Salvador Loans Fundraising
  • $23,127,425
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $800 helped Rodolfo Eduardo to buy blouses, shirts, pants and underwear.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jun 22, 2012
Listed
Jul 17, 2012
Currency Exchange Loss:
N/A
Ended:
Jun 18, 2013
This photo was used before for a previous loan for Rodolfo Eduardo. It was first posted on Kiva on Feb, 2012. Learn More