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Marcelo Gerardo
Marcelo is a 27-year-old man who is single and has no children. His business is a metal shop. This young man has a tan complexion, medium stature, and black hair. He conducts his work in the city of El Alto, which is 30 minutes from the capital.

Marcelo is a cheerful character who is always laughing and making jokes with his customers. His humor is reflected in his work since his customers return because of the good service they receive.

Marcelo needs to expand his business. By purchasing metal at wholesale, he can diversify his business and generate additional income. He also has ideas for new ventures. For this reason, Marcelo is requesting a loan so that he can buy metal at wholesale and expand his metal shop.
View original language description ↓
Marcelo es un hombre de 27 años de edad soltero, sin hijos y su negocio es la cerrajería.
Él es un hombre joven de tez morena estatura mediana y cabello negro, su trabajo lo realiza en la ciudad de ‘El Alto’ distante a 30 minutos de la ciudad capital.
Marcelo es de carácter alegre, siempre está riendo y haciendo chistes a sus clientes, el humor que tiene se refleja en su trabajo, ya que sus clientes regresan por el buen trato que reciben.
Él necesita la ampliación de su negocio; realizando la compra de fierros por mayor para diversificar su actividad y generar nuevos ingresos, también tiene ideas para nuevos emprendimientos.
Es por esos motivos que Marcelo solicita un préstamo para la compra de fierros por mayor y así ampliar su cerrajería.

Additional Information

More information about this loan

This loan is part of an innovative partnership between Kiva Labs and Innovations for Poverty Action to evaluate the effects of product design changes on the welfare of micro-entrepreneurs and on the viability of microfinance institutions. Through this partnership, Emprender is testing several alterations to existing products that aim to address the limitations of financial services currently available to the poor by offering lower interest rates and/or more flexible payment dates. This loan is being offered to the borrower with innovative flexible loan schedule and a reduced interest rate. Because this product is low-interest, previously untested and potentially riskier for the microfinance institution, funding this loan on Kiva is particularly important to Emprender.

About Emprender

Emprender has been working in Bolivia since 1999. It is dedicated to becoming a key tool in the development of its clients and the improvement of their quality of life. Operating in three of Bolivia’s major cities – La Paz, Cochabamba, and Santa Cruz – Emprender offers both urban and rural clients the opportunity to obtain financial products tailored to fit their needs and businesses. These products include housing loans, salary loans, “opportunity” (short-term) loans, and higher education loans. To better the quality of life for its clients and non-clients through non-financial services, Emprender offers free medical consultations and health classes given by trained doctors.


About Bolivia

  • $5,500
    Average annual income
  • 130
    View loans »
    Bolivia Loans Fundraising
  • $33,237,800
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $3,000 helped Marcelo Gerardo to buy metal at wholesale so that he can expand his business.
100% repaid
Repayment Term
26 months (Additional Information)
Repayment Schedule
At end of term
Jun 26, 2014
Jul 26, 2014
Currency Exchange Loss:
Jul 17, 2015