Check out other loans that are currently fundraising!
Julio has been working in a kitchen for as long as he can remember. The son of a tailor, Julio parted from his father’s path at an early age, and instead found jobs working in restaurants around his hometown of Buenos Aires, Argentina. After earning his culinary degree, Julio traveled throughout South America and Europe, sampling and cooking the local cuisines he encountered. However, it was with the empanada, an Argentine turnover filled with meat or vegetables, where Julio has found his true culinary calling.

Having made his home in San Francisco, Julio founded his business, El Empanadero, three years ago. He delivers these tasty pastries to offices, hospitals, cafes and bars around the Bay Area. With over fourteen flavors of empanadas to offer, (even a vegan one!) Julio believes that the empanada is a novel snack that can satisfy just about anyone's taste buds. “Everybody has to eat; why not an empanada?” he jokes.

Julio’s business is taking off and now he has outgrown the capacity of his own kitchen at home. Having secured his new warehouse site, Julio now needs financing to transform the space into a fully functional kitchen. Lacking a business credit history and references, Julio was not able to turn to a traditional bank.

Another local entrepreneur, aware of El Empanadero’s potential for growth, referred Julio to Opportunity Fund, who approved Julio for a $10,000 loan. “When I started this business it was to be independent, and I was resistant at first to the idea of a loan. But I realize this is how I can help my business grow, and to keep advancing. I’m always looking for ways to move forward,” explains Julio. “I once met a man who sold 2,000 empanadas each day – I want to be that man!”

Julio currently employs part-time help, and once remodeling is complete he is excited to bring on more full-time employees. Looking towards the future, Julio envisions himself opening empanada cafes throughout San Francisco. He believes strongly in the “power of perseverance,” and as long as people keep eating, he will keep serving!

To learn more about El empanadero, visit:

Additional Information

Important Information

Kiva realizes that access to credit is a challenge for entrepreneurs everywhere. Kiva started out as a website focused on developing-world entrepreneurs. In June 2009, Kiva began experimenting with allowing entrepreneurs in the United States to raise money on its website. If this is something you support, please feel free to fund this loan. If you have questions, including how an entrepreneur in your neighborhood might get a loan, please visit our Help Center and click on "Loans in the United States."

About United States

  • $54,800
    Average annual income
  • 24
    View loans »
    United States Loans Fundraising
  • $12,684,675
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $10,000 helped Julio to help cover the cost to renovate warehouse space into a full kitchen for the business.
100% repaid
Repayment Term
32 months (Additional Information)
Repayment Schedule
Nov 13, 2010
Dec 15, 2010
Currency Exchange Loss:
Jun 20, 2013