Update on RodolfoRodolfo 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.
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 DetailsRodolfo 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 re... More from Rodolfo's previous loan »
About IMPROIMPRO 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.
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This loan has been fully funded!
- Repayment Term
- 14 months (Additional Information)
- Repayment Schedule
- Jul 23, 2014
- Aug 1, 2014
- Currency Exchange Loss:
Photo from previous loan
Kiva allows our Field Partners to re-use the same photo for individual borrowers that have been posted on Kiva's website once before in a 24 month period, and we allow them to re-use group photos for up to 24 months, provided that 80% of the current group's membership is represented.
Taking, collecting, and uploading photos of borrowers is one of the most challenging elements of using Kiva for our Field Partners. In order to make Kiva easier for Field Partners to use, we have allowed them to post successive and concurrent loans without taking a new photo of the borrower if the criteria above are met.