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Julio Cesar

Update on Julio Cesar

Julio Cesar belongs to the "LOS DIAMANTES" (The Diamonds) communal bank in the city of Cusco in Peru.

Julio Cesar continues his work as a distributor of medicine and perfume to his clients who are mostly small pharmacies and drugstores in the city. Julio Cesar works hard to get ahead in his work and to one day in the future set up his own pharmacy.

Julio Cesar is requesting this loan to buy more products such as medicine and perfumes to reinvest in his business. The member thanks Kiva for the loan and for the support that has grown and strengthened his work.
View original language description ↓
El socio es el señor Julio Cesar, él pertenece al banco comunal LOS DIAMANTES” de la ciudad del Cusco – Perú. Julio Cesar continúa con su actividad como distribuidor de medicamentos y perfumería a sus clientes que son principalmente las pequeñas farmacias y boticas de la ciudad. Julio Cesar trabaja muy duro para sacar adelante su actividad y de esta manera algún dia en el futuro poner su propia farmacia, Julio Cesar solicita el crédito para comprar mercadería como medicinas y productos de perfumería para capitalizar su comercio. El socio agradece a KIVA por el préstamo y por apoyarlo con el crecimiento y fortalecimiento de su actividad.

Previous Loan Details

Member Julio Cesar is a medication and perfume distributor. He sells to different pharmacies and works from 8:00 a.m. to 6:00 p.m. He hopes to succeed through this business and his dream is to own his own pharmacy. He is requesting the loan to buy more medications and perfumes. He is happy wi... More from Julio Cesar's previous loan »

Additional Information

Important Information

About Asociación Arariwa
Asociación Arariwa is a large non-governmental organization that started offering microcredit in 1994 to improve the quality of life, skills and equity of the population in the rural Cusco region of Peru. Arariwa serves the southern Andean provinces of Peru, and is distinguished by its efforts to reach the very poor, who often live in isolated rural areas. Arariwa fosters village banking, supports savings accounts, promotes access to education, and empowers women entrepreneurs (who make up 78% of its borrowers).

Concurrent and Successive Loans

Our Field Partners often work with borrowers over a series of loans as the borrowers build credit, take out bigger loans, and expand their businesses. In order to make it easier for our Field Partners to post loans for borrowers who have been listed on Kiva before, we allow them to post successive and concurrent loans for their Kiva borrowers. This means that our Field Partners are able to post a borrower's second, third, etc., loan on Kiva without having to re-enter all of the borrower's information.

This borrower has been listed on Kiva before, so you'll see an updated loan description, as well as excerpts of the original descriptions from earlier loans. Most borrowers take out loans consecutively, meaning that they receive a second loan after having repaid the first. However, sometimes our Field Partners give out concurrent loans, allowing borrowers to take out one primary loan and a secondary "add-on" loan along with it. These "add-on" loans are typically smaller than the borrower's primary loan and serve a different purpose. Because Field Partners can now post loans as successive and concurrent loans, you will be able to track borrower progress over time and see the various ways a borrower is working with our Field Partners through funds from Kiva’s lenders.

About Peru

  • $12,000
    Average annual income
  • 115
    View loans »
    Peru Loans Fundraising
  • $60,091,700
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $500 helped Julio Cesar to buy products such as medicine and perfume.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Nov 19, 2012
Dec 1, 2012
Currency Exchange Loss:
Apr 17, 2013
This photo was used before for a previous loan for Julio Cesar. It was first posted on Kiva on Aug, 2012. Learn More