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Julio Cesar
Señor Julio Cesar G. is 48 and married. Don Julio has four children, all of whom work. He has a grocery store and also sells hot dogs. He has had this business for more than 22 years. He started it because he had the responsibility of supporting his wife. Julio is very happy with both jobs. Julio's goal is to always keep his customers coming back since without them his business wouldn't be successful. This is why he feels the need to seek financing with the objective of investing it in working capital like bread, sausage, candy, and basic grains. Don Julio hopes to find a wholesaler and also fix up his house. He is requesting 20,000 córdobas.
View original language description ↓
El Señor Julio Cesar G. tiene la edad 48 años, su estado civil es casado. Don Julio tiene 4 hijos y todos trabajan. La actividad económica de Don Julio es una pulpería y venta de hot – dog. Hace más de 22 años que se dedica a este negocio. Por lo que inicio ya que tiene la responsabilidad de la alimentación de su esposa, Julio esta muy contento con ambos trabajos. Es por eso que el propósito de Julio es mantener siempre activos a sus clientes ya que sin ellos su negocio no tendría éxito. Es por eso que siente la necesidad de acudir a un financiamiento con el objetivo de invertirlo en capital de trabajo como pan, salchicha, golosinas y granos básicos. Don Julio desea es obtener una distribuidora y además acondicionar su vivienda. la cantidad que solicita es de C$ 20.000 córdobas.

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

  • $4,800
    Average annual income
  • 110
    View loans »
    Nicaragua Loans Fundraising
  • $24,832,275
    Funds lent in using Kiva
  • 20.1
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,000 helped Julio Cesar working capital.
100% repaid
Repayment Term
17 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Mar 26, 2009
Listed
Mar 29, 2009
Currency Exchange Loss:
Covered
Ended:
Jun 15, 2010