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Julio Cesar
The young man named Julio Cesar B. B. is 30 years old. He is married and he has one son who is 4 years old. He is studying first level of primary school. His life partner works selling medicines. His goal is to grow in the market and establish himself obtaining the necessary income to help his family. Among his desires is to be able to pay the school for this son and provide him with a house so he doesn't need to struggle in the future.

His economic activity is the sale of medicines like aspirin, saline solutions, anti-flu among others. He has had this business for 4 years. He is still selling these products the same way now like when he first started. He is a hawker and he sells his products to different pharmacies in the city of León. With the profits from the sales, he was able to grow and then asked his wife for help and now they both sell medicines.

The loan will be use as a working capital to buy more products in order to supply the orders he has. Due to the efficacy of his services, his clients prefer him.
He is grateful to Foundacion León 2000 and other organizations for helping him get this loan.
View original language description ↓

El joven de nombre Julio Cesar B. B. tiene la edad de 30 años su estado civil es casado, tiene 1 hijo que tiene la edad de 4 años y cursa recientemente el 1 nivel de primaria, su compañera de vida labora en la venta de medicamentos, sus propósitos son crecer en el mercado y predominar de forma que pueda establecerse obteniendo así los ingresos necesarios para ayudar a su familia en sus deseos esta el proporcionarle a su hijo un futuro de estudios donde pueda desempeñarse y también obtener una casa para su hijo para que el día de mañana no tenga problemas.


Su actividad económica es la venta de medicamentos como lo es: aspirina, sueros, antigripales y otros, el tiempo que tiene de poseer su negocio es de 4 años, la forma en como inicia es por cuenta propia y decide comenzar con 60 productos y la forma en como los realiza es de forma ambulante en las diferentes farmacias de León y con los ingresos que obtenía de las compras de estos medicamentos es que llega a incrementarse y es así como recurre a la ayuda de su esposa y ambos trabajan en lo mismo, el financiamiento es para capital de trabajo que será utilizado en la compra de mas producto por lo que necesita entregar los encargos que recibe y debido a al eficacia que el da por medio de sus servicios es que sus clientes lo prefieren, es por eso que dice estar agradecido con Fundación León 2000 y otras organizaciones por brindarle esta ayuda en este financiamiento.

Additional Information

Fundación Leon 2000

This loan is administered by Fundación Leon 2000. Fundación Leon 2000 began operations in 1993 as the first microfinance institution to serve the western part of Nicaragua, a country which continues to be one of the poorest in the western hemisphere. Fundación Leon 2000 works to further the development of micro, small, and medium enterprises through credit services and management, applying the best credit industry practices and technical expertise. Additionally, Fundación Leon manages several business and financial education programs in the community, specifically for young entrepreneurs and at-risk youth. Fundación Leon 2000’s group of experienced and dedicated employees works in 7 offices in Leon, Chinandega, Chichigalpa, Somotillo, Jinotepe, El Sauce, and Nagarote and serves several thousand clients (the majority of whom are women).

About Nicaragua

  • $3,636
    Average annual income
  • 172
    View loans »
    Nicaragua Loans Fundraising
  • $23,230,250
    Funds lent in using Kiva
  • 19.8
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,175 helped Julio Cesar working capital.
100% repaid
Repayment Term
19 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Nov 20, 2008
Listed
Dec 3, 2008
Currency Exchange Loss:
Covered
Ended:
May 15, 2010