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Rodolfo

Update on Rodolfo

Rodolfo is asking for a loan because he needs more working capital and the good attention paid to him by PADECOMSM. With the loan he will be able to purchase a variety of clothing and then resell it. This is just one of his enterprises, he also sells plastic goods. With his previous loan he was able to strengthen his business and with the earnings he made he was able to help his family. It was very useful to them because Rodolfo was able to grow his business and take care of household expenses.
View original language description ↓
Rodolfo, solicita un nuevo préstamo porque necesita más capital de trabajo y por la buena atención que PADECOMSM le brinda. Con ello poder comprar variedad de ropa para luego venderla, esta actividad siempre la realiza al igual que la venta de plasticos.
Con el crédito anterior ayudo a fortalecer el negocio y con las ganancias ha logrado brindarle ayuda a su familia. Les ha sido de mucha utilidad porque ha crecido el negocio y en su casa con los gastos económicos.

Previous Loan Details

Rodolfo requests a loan because he needs to make his business stronger, with more variety of seasonal products; he will buy various types of clothing for all ages which will allow him to serve his clients. The result he obtained with his previous loans helped improve the business and he was able... More from Rodolfo'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
  • 630
    View loans »
    El Salvador Loans Fundraising
  • $24,061,000
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $350 helped Rodolfo purchase a variety of clothing.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Feb 22, 2013
Listed
Mar 17, 2013
Currency Exchange Loss:
N/A
Ended:
Sep 18, 2013
This photo was used before for a previous loan for Rodolfo. It was first posted on Kiva on Nov, 2012. Learn More