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Rodolfo

Update on Rodolfo

Rodolfo is separated from his wife but has a son with whom he lives in a rented house in the city of La Paz.
He currently works as a radio dispatched taxi driver and is able to support himself and cover his basic needs. Rodolfo needs a loan to repair his vehicle because it was recently hit by another car. It was not his fault, and he urgently needs to fix it, or he will have no way to make an income. Rodolfo has no one to turn to, so he needs your help.
View original language description ↓
Rodolfo esta separado de su esposa pero tiene un hijo con el que vive en una casa alquilada de la ciudad de La Paz.

Actualmente trabaja como chofer de radio taxi, con esta actividad se mantiene y cubre sus minimas necesidades. Necesita un crédito para reparar su vehiculo Recientemente Rodolfo recibió un choque, no fue su culpa y espimperativo que componga el vehiculo, caso contrario se queda sin ingresos Rodolfo no tiene a quien acudir por eso necesita su ayuda

Previous Loan Details

Rodolfo is separated from his wife. However, he has a son with whom he lives in a rented house in the city of La Paz. He currently works as a radio dispatched taxi driver. He supports himself with this business activity, and he covers their basic necessities. He needs a loan to buy a… More from Rodolfo'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.

Tags

About Bolivia

  • $2,817
    Average annual income
  • 95
    View loans »
    Bolivia Loans Fundraising
  • $28,171,500
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD
Paying Back

This loan has been fully funded!

A loan of $600 helped Rodolfo to fix his car, which was recently hit by another car.
47% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jul 23, 2014
Listed
Aug 1, 2014
Currency Exchange Loss:
N/A
This photo was used before for a previous loan for Rodolfo. It was first posted on Kiva on Aug, 2013. Learn More