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Rodrigo

Update on Rodrigo

Rodrigo runs a business selling cell phones which he obtains at the border. He rents a room in his mother’s house in the Escobar Uria area of the city of La Paz.

He now needs a loan to buy new cellphone models so he can increase his income. Rodrigo also earns money servicing computers.

His dreams are to buy his own house and complete his further education.

This is his second loan with Kiva.
View original language description ↓
Rodrigo es comerciante, se dedica a la venta de celulares los cuales los adquiere en la frontera, vive en anticretico con su mama, en la zona de Escobar Uria de la ciudad de La Paz.
El crédito lo necesita para incrementar de su capital, adquiriendo nuevos modelos de celular y de esta manera poder aumentar sus ingresos. Todavia se dedica tambien a mantenimiento de computadoras.

El sueño de Rodrigo es poder comprar su casa propia y culminar sus estudios superiores.
esta es la segunda vez que su credito va a través de Kiva.

Previous Loan Details

Rodrigo does not have any children. He lives in his parents’ house occupying one bedroom with wood flooring and finished walls. The house is located in the city of La Paz’s Escobar Uria zone. Rodrigo studied up to mid-technical level and currently works independently servicing computers; this ... More from Rodrigo's previous loan »

Additional Information

About IMPRO

IMPRO is a small non-profit organization that has been offering micro credit to the working poor in the Bolivian cities of La Paz and El Alto since 1995. IMPRO’s goal is to fight poverty by offering loans to small business owners who cannot access credit through the regular banking system due to a lack of guarantees or collateral.

To ensure that everyone has access to credit, IMPRO maintains a low interest rate by minimizing operational costs. IMPRO’s partnership with Kiva, which began in 2007, has allowed IMPRO to expand its services while maintaining these low interest rates.

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 Bolivia

  • $5,500
    Average annual income
  • 185
    View loans »
    Bolivia Loans Fundraising
  • $31,008,200
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD
Expired
A loan of $1,200 helped Rodrigo buy new cellphone models to sell to his customers.
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Sep 12, 2013
Listed
Oct 4, 2013
Currency Exchange Loss:
N/A
Expired:
Nov 3, 2013
This photo was used before for a previous loan for Rodrigo. It was first posted on Kiva on Jan, 2013. Learn More