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Julio Alberto
Julio, 23, lives in San Jacinto and has been a merchant since he stopped being an employee in a firm; he used his severance pay to buy products like cold-cuts and soft-drinks to sell them in a domestic market located near him. With this activity he’s earned income to cover personal expenses and to be able to study computer sciences part-time. His goal for later on is to have an equipped warehouse to become a distributor of cold products buying in large volume and to finish his professional career.

Currently, he’s applying for a Kiva loan because his market requires more meat products and soft-drinks and with it he’ll increase sales and gradually escalate his growth and mainly reach his goals.
View original language description ↓
Julio de 23 años de edad vive en San Jacinto y se dedica a la actividad comercial, desde que dejó de ser empleado de una empresa y su liquidación la invirtió en la compra de productos como carnes frías y gaseosas, para venderlos en un mercado doméstico, ubicado a su alrededor. Con esta actividad ha logrado obtener ingresos, para responder a sus gastos personales y poder estudiar Ingeniería de Sistemas, de manera semi- presencial. Su meta más adelante es tener una bodega adecuada, para convertirse en un distribuidor de productos fríos, comprando en grandes volúmenes y así mismo terminar su carrera profesional. En la actualidad está aplicando a un credikiva, porque su mercado requiere más productos cárnicos y refrescos y con ello aumentaría sus ventas y poco a poco le permitirá ir escalando su crecimiento y principalmente el logro de sus metas.

Additional Information

About Fundación Mario Santo Domingo

Fundación Mario Santo Domingo (FMSD) is a non-profit organization in northern Colombia dedicated to developing programs for the country’s poorest communities. In addition to numerous social services, FMSD runs a microfinance program to strengthen micro-businesses in the areas where it works. The organization also offers several non-financial components as part of this program, including training to help entrepreneurs start their own businesses.

About Colombia

  • $11,100
    Average annual income
  • 496
    View loans »
    Colombia Loans Fundraising
  • $15,254,800
    Funds lent in using Kiva
  • 1,829.0
    Colombia Pesos (COP) = $1 USD
Expired
A loan of $575 helped Julio Alberto to buy meat and soft-drinks.
Repayment Term
12 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
May 14, 2012
Listed
May 29, 2012
Currency Exchange Loss:
Possible
Expired:
Jun 28, 2012