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PedidosYa Launches Credit Service in Bolivia to Boost Local Businesses

PedidosYa Launches Credit Service in Bolivia to Boost Local Businesses

From El Deber · () Spanish

Translated from Spanish, summarized and contextualized by DistantNews.

At a glance

News Named sources New plan
  • PedidosYa has launched its digital financing service, PedidosYa Créditos, in Bolivia.
  • The service aims to provide quick working capital to small and medium-sized businesses operating on the platform.
  • This initiative has already supported over 75,000 businesses across 10 Latin American countries.

PedidosYa is expanding its financial services in Latin America with the launch of "PedidosYa Créditos" in Bolivia. This digital financing system is designed to empower small and medium-sized enterprises (SMEs) by providing rapid access to working capital, crucial for their growth and operational needs.

The platform facilitates a 100% digital application process, with funds typically disbursed within 48 business hours. A key feature is the automatic repayment system, which deducts loan payments directly from sales generated through the PedidosYa app. This streamlined approach has proven successful regionally, with 99% of businesses in other markets expressing willingness to use the service again.

SMEs are the heart of the PedidosYa ecosystem. We know that behind every business there is a story of effort and a commitment to grow, so we seek to provide concrete tools that accompany that path, from visibility on the platform to access to financing and digital solutions that we hope to continue expanding in 2026.

— Nacho CostaFintech VP of PedidosYa, explaining the company's commitment to supporting small and medium-sized enterprises.

So far, PedidosYa Créditos has extended over 75,000 loans, totaling more than $200 million across 10 Latin American countries. The company plans to extend the service to all 15 countries where it operates. The volume of loans has seen a significant increase, with a 50% rise in the first quarter of 2026 compared to the previous year.

This launch is particularly timely for Bolivian businesses, especially in the gastronomic sector, which have faced logistical challenges and operational disruptions impacting their cash flow. PedidosYa aims to be a key partner in the sector's recovery. "SMEs are the heart of the PedidosYa ecosystem. We know that behind every business there is a story of effort and a commitment to grow," said Nacho Costa, Fintech VP of PedidosYa. Alex Gejtman, General Manager of PedidosYa in Bolivia, added, "We are motivated to offer this opportunity to our business partners, who play a fundamental role in our business ecosystem."

We are motivated to offer this opportunity to our business partners, who play a fundamental role in our business ecosystem. We understand that the great challenge for Bolivian businesses today is to recover liquidity to restock and reopen with strength. This product is very successful in all countries where it is available because it offers great added value for businesses, which find in PedidosYa Créditos a simple and efficient alternative to grow. With this initiative, PedidosYa reaffirms its long-term commitment to Bolivia.

— Alex GejtmanGeneral Manager of PedidosYa in Bolivia, highlighting the importance of the service for local businesses.
DistantNews Editorial

Originally published by El Deber in Spanish. Translated, summarized, and contextualized by our editorial team with added local perspective. Read our editorial standards.