A loan of $625 helped to buy ingredient to prepare his products.

Julio's story

Julio is 25 years old. He sells desserts and frozen products made with wheat flour: he himself prepares his products, making use of the technical course he has followed 2 years ago at SENA – Servicio Nacional de Aprendizaje (National Apprenticeship Service). He has set up his activity in the house where he lives with his family. Julio prepare the delicious “deditos”, empanadas, pies and desserts for the delight of all the families taking part in different events, as his main customers are cafeterias of the city center, the events managing agencies and his neighbors, who buy form him the tasty snacks they offer during their parties and special celebrations. He accepts cash, even thought in some cases he sells by credit; when there is an increase in the requests, he pays extra laborers to help him make his products for the events. The requests for his products have actually increased, and he needs to comply wit his orders; however, in order to satisfy the necessities of his production, he needs to solve his main problem, i.e. his working capital. This is why he has requested a loan, and this is the first he has requested to Fundación Mario Santo Domingo. He will use it to buy basing ingredients and supplies to make with his own hands cheese “deditos”, meat empanadas, cheese and “mixtas” (toasted cheese and ham sandwiches) and other frozen products, with which he wishes to satisfy the requests of his more profitable customers, as it is thanks to them that his activity is profitable, allowing him to increase his earnings and to keep on improving his standard of living.

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Translated from Spanish by Kiva volunteer Emanuela Villa

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