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Julio Cesar
Julio is a man of 56. He grew up in a country household where he received the support to complete his primary school. Later, they imparted to him the practical knowledge of work in everything related to agriculture. Currently he is married to Maria, who is 43 and works as a housewife and also helps Julio with the farmwork. They live alone in Salcedo canton, located in the eastern part of Cotopaxi, one of the most important provinces in the Ecuadorian highlands.

In Salcedo there are various tourist attractions such as lakes and beach resorts which offer extreme sports for adventurous tourists. However the main activity that is carried on in this town is agriculture, and it to a lesser extent cattle raising. The most important agricultural products are staples such as peas, beans, lentils, lima beans and also various fruits and vegetables. The production of milk and its byproducts supplies internal distribution and the excess is sent to the coastal region as processed products. Cattle raising is also well-suited to this area because of the pleasant climate which is enjoyed in the canton.

In spite of these productive activities, there are very worrisome indices of illiteracy and poverty, due unsatisfied basic needs such as sewage systems, which only 25% of the households have.

Julio learned farmwork from the time he was a child and later made it his everyday work so as to always be able to support his household. He has been 30 years sowing, harvesting and selling potatoes and chochos (a food legume) besides raising cattle for milk production. His wife is a great help in this activity as on the occasions when Julio goes out to sell, she feeds the animals or prepares the land where the crops are.

Julio spends at least six hours in his business and each time has the hope of seeing it grow. However the difficulty of obtaining credit for capitalizing the business has been very great and he has not been able to access loans from regular banks.

Thanks to the support, credibility, expeditious service and trust they offer at Fundación Alternativa, Julio has decided to request a loan which he will invest in the purchase of cattle for producing milk and for subsequent sale. Julio is enthusiastic because he will have the opportunity to see his business grow and with this generate greater profits which will allow him to offer him and his wife a better standard of living. In addition, it will allow them to have savings for meeting future health expenses and lack of work, both of which needs can arise with advanced age.

Julio is grateful to those who through Kiva can be part of this growth in his life, and encourages them to continue supporting the business ventures of people, who like him, dream of having a better quality of life in their households.
View original language description ↓
Julio es un hombre de 56 años, creció en un hogar del campo en donde recibió el apoyo para culminar la escuela primaria, luego le impartieron el empírico conocimiento del trabajo con todo lo relacionado con la agricultura. Actualmente está casado con María quien tiene 43 años y trabaja como ama de casa y también ayudando a Julio en las labores del campo. Viven solos en el Cantón de Salcedo ubicado en la parte Oriente de Cotopaxi una de las provincias más importantes de la Sierra ecuatoriana. En Salcedo existen varios atractivos turísticos como lagunas y balnearios que ofrecen deportes extremos para sus turistas aventureros, sin embargo la principal actividad que desarrollan en este pueblo es la agricultura y en menor cuantía la ganadería. Los productos agrícolas más comercializados son granos como arveja, fréjol, lenteja, haba y también varias frutas y verduras. La producción de leche y sus derivados abastece la distribución interna y el excedente se envía a la Región Costa en productos ya procesados. La crianza de animales es también muy favorable por el clima agradable del que se goza en el Cantón. A pesar de estas actividades productivas, hay índices muy preocupantes de analfabetismo y de pobreza por necesidades básicas insatisfechas como por ejemplo el servicio de alcantarillado que solo lo tienen el 25% de los hogares.
Julio aprendió las labores del campo desde que era un niño y luego las convirtió en su trabajo habitual para poder llevar siempre el sustento a casa. Ya lleva 30 años en la labor de sembrar, cosechar y comercializar papas y chochos, además de criar ganado para la producción de leche o para la posterior venta de los animales. Su esposa es de gran ayuda en esta actividad, pues las ocasiones que Julio sale a vender, ella alimenta a los animales o prepara la tierra en donde están los cultivos. Julio invierte al menos 6 horas a su negocio y cada vez tiene la expectativa de verlo crecer, sin embargo la dificultad de obtener créditos para capitalizar el negocio, ha sido muy grande y no ha podido acceder a los créditos de financieras comunes. Gracias al apoyo, credibilidad, agilidad y confianza que le brindaron en Fundación Alternativa, Julio ha decidido solicitar un crédito el cual lo invertirá en la compra de ganado para la producción de leche y además la posterior venta de los animales. Julio está entusiasmado porque al fin tendrá la oportunidad de ver crecer a su negocio y con esto generar mayor utilidades que le permitan brindar un mejor estilo de vida a su esposa y a él y además les permita tener un ahorro para solventar gastos futuros de salud y falta de trabajo que puedan presentarse con la edad avanzada. Julio agradece a todos quienes a través de la gestión de Kiva puedan ser parte de este crecimiento en su vida y les motiva a seguir apoyando los emprendimientos y microempresas de las personas que como él sueñan con tener calidad de vida en sus hogares.

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About Fundación Alternativa

Fundación Alternativa encourages entrepreneurship and provides sustainable financial and non-financial services that promote social and economic development in Ecuador. The organization focuses on serving poor and excluded populations through analysis of clients' living conditions and by providing business training and other support services in urban, rural and marginalized parts of the country.

About Ecuador

  • $10,200
    Average annual income
  • 33
    View loans »
    Ecuador Loans Fundraising
  • $23,448,500
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $1,125 helped Julio Cesar to buy cattle and increase his production.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
May 22, 2013
Listed
Jun 20, 2013
Currency Exchange Loss:
N/A
Ended:
Jun 17, 2014