Julio Cesar Benitez


Status: Paying Back

$600.00   Loan Amount
36% repaid

About the Entrepreneur

Name: Julio Cesar Benitez
Location: Ita, Paraguay
Activity: Grocery Store

About the Loan

Loan Amount: $600.00
Loan Use: To purchase flour, rice, noodles, sugar, oil, etc.
Repayment Term: 14 months - View details below
Lenders Repaid: Monthly
Currency Exchange Loss: Covered
Date Listed: Jul 1, 2009
Date Disbursed: May 27, 2009
Date Funded:Jul 2, 2009

About the Country

Country:Paraguay
Avg Annual Income:$4,555.00
Currency:Paraguay Guarani (PYG)
Exchange Rate:5,040.0000 PYG = 1 USD



Julio is 36 years old and lives with Juana, who is 31. The couple has two children, 7 and 5 years old, who attend elementary school.

Julio started working in construction with his father at a very young age, which he still does to this day. Also, thanks to the effort and help of his wife, the couple has been able to start a small, well-stocked grocery store based out of their home. The store has produced excellent economic results. The store sells milk, which Julio and Juana obtain from from their four cows, which produce a substantial amount of milk.

Julio is applying for this loan in order to purchase merchandise such as flour, rice, noodles, oil, etc., to better stock their small grocery store.



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Journal entries for Julio Cesar Benitez


Loan has been disbursed
 
Entrepreneur: Julio Cesar Benitez
Location: Ita, Paraguay

Thank you for your loan. It has been disbursed to Julio Cesar Benitez by Fundación Paraguaya in Paraguay. We are excited to watch this business grow. Over the 11 months of this loan, Fundación Paraguaya will be collecting repayments from this entrepreneur and posting progress updates on the Kiva website.


Posted by from Ita, Paraguay
Jul 3, 2009
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Kiva Help Repayment Schedule for Julio Cesar Benitez

  Expected Repayments Actual Repayments Comments
September 2009 $54.55 $54.55 Repayment Received
October 2009 $54.55 $54.55 Repayment Received
November 2009 $54.55 $54.55 Repayment Received
December 2009 $54.55 $54.55 Repayment Received
January 2010 $54.55 Available Jan 1  
February 2010 $54.55 Available Feb 1  
March 2010 $54.55 Available Mar 1  
April 2010 $54.55 Available Apr 1  
May 2010 $54.55 Available May 1  
June 2010 $54.55 Available Jun 1  
July 2010 $54.50 Available Jul 1